Phitek sold to NYSE-listed Amphenol in $60M deal

Phitek Systems, which supplies noise cancellation and audio enhancement equipment, has been sold to New York-listed Amphenol Corp for $60 million before adjustments.

Connecticut-based Amphenol announced the deal in a statement to the New York Stock Exchange when reporting its fourth-quarter earnings, saying the Phitek purchase was part of a broader acquisition programme, without disclosing a price. However, local filings to the Companies Office show Amphenol agreed to pay $60 million plus net cash, minus the New Zealand company’s indebtedness, the levels of which have not been disclosed.

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Generating Quality Angel Investment Deal Flow #ABAF15NZ

Angel Association Summit and Asian Business Angels Forum 2015

#ABAFNZ15 : Generating Quality Angel Investment Deal Flow

The different sources of deal flow are discussed in this session including the role of accelerators, incubators, universities and tech transfer offices in generating deal flow.

Speakers cover the latest trends in deal stage and sector preferences.

Moderator – Dr Ray Thomson (Ice Angels NZ)

# Carolynn and Jon Levy (YCombinator, USA)
# David Hughes (Director, Kiwinet)
# Jamie Rhodes (Central Texas Angel Network, USA)
# Brett Holland (Lightning Lab, NZ)
# Harveen Narulla (Hatcher, Singapore)
# Wilem Van der Steen (Callaghan Innovation, NZ)

Click here to view video on youtube

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Lead Partners

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AANZ Summit Sponsors

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