Circa Completes Acquisition of Teletics
CALGARY, AB, Aug. 14, 2020 /CNW/ - Circa Enterprises Inc. (TSXV: CTO) ("Circa"), a manufacturer of equipment for the telecommunication, electrical utility, and construction industries, announced today that it has completed the acquisition of substantially all of the assets of Teletics, Inc. ("Teletics"), a manufacturer and supplier of fully monitored, ruggedized wireless voice and data devices. The business will operate as a separate product line within the Telecom segment of Circa Enterprises Inc.
Cory Tamagi, Circa's President and CEO, commented, "We are pleased to have closed this strategic acquisition and looking forward to a prosperous future with Teletics as part of the Circa group. On behalf of everyone at Circa, we would like to extend a warm welcome to the Teletics employees, customers and suppliers."
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