FONEX Acquires Sak Data Inc.’s Fiber Optic Division, and Partners with SmartOptic SA.
FONEX Data Systems Inc., Headquartered in Montréal, Québec, Acquires Sak Data Inc.’s Fiber Optic Division, Based in Mississauga, Ontario, and Partners with SmartOptic SA, Further Enhancing Its Fiber Optic Leadership and Strengthening Ties with Infinera Inc.
Montreal, September 1, 2023
FONEX data systems Inc (FONEX) announced effective today it has entered into a definitive agreement with Sak Data Products Inc’s (Sak Data) to acquire the assets associated with its fiber optics solutions business. Sak Data customers currently purchasing fiber optic switching and transmission solutions manufactured by INFINERA Corporation and SmartOptics AS will henceforth procure them through FONEX.
“We are incredibly honored to have been selected to support the customers of Sak Data’s fiber optics solutions business. We look forward to serving these new customers and are committed to ensuring a smooth transition.”Pasquale Di Pierro – President and Founder, FONEX data systems inc.
FONEX is an INFINERA partner and has been providing the full suite of expertise, technical and logistic services to its Canadian customers since 2017. These capabilities will also be extended to serve Sak Data customers that use INFINERA equipment and to continue the relationship built during Sak Data’s tenure.
FONEX welcomes SmartOptics SA as new vendor partner, further enriching our fiber-optic switching and transport portfolio of solutions. We look forward to serving Sak Data’s SmartOptics customers in Canada and expanding the coverage to other territories served by FONEX, including the USA and Europe.
Sak Data principals have been seeking a suitable acquirer of its fiber optic solutions business for the past year as part of its desire to wind down operations towards retirement. A major criterion in its selection process was finding a firm with the same values and concern for customer service, technical expertise and follow-though at all levels.
“After numerous discussions with suitors, we feel confident FONEX as an acquirer-partner will provide our client base the same customer experience we worked hard at every day to deliver”.Kevin Sakamoto – Sak Data President
ABOUT SAK DATA
Sak Data Products Ltd., based in Mississauga, Ontario, began as a small family business in 1977. We started out by selling printing solutions within the GTA, and quickly grew nationwide. By the 1980’s, our product line included networking solutions. Printing and network technology has evolved, and so has Sak Data. As our business endeavors grew, so did our company. We moved from a one room office and eventually into our current Mississauga warehouse, where Sak Data has been for over thirty years. For more information, visit wwww.sakdata.com
FONEX data systems inc. is a provider of innovative and disruptive network infrastructure design solutions that address the concerns and challenges of service providers. A carrier-grade portfolio of solutions in combination with FONEX’s technical in-house expertise has established FONEX as a trusted resource for telecom network solutions that deliver business, operational and technical benefits to Canadian and European service provider customers. For more information, visit www.fonex.com