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July 11, 2008 -- Cinch and Meritec recently entered into a technology agreement to combine the companies' collective product development expertise in the global high performance connector and cable assembly marketplace.
Through a technology license providing access to the Meritec NX InfiniBand Architecture Standard High Speed Cable Assembly product line, under the agreement, Cinch will gain access to Meritec's knowledge base and construction methodology in the area of high-speed connector and cable design, manufacturing and testing. Known for its specialized approach to wire preparation, construction and termination that yields superior-performing end products, and its backshell solutions, Meritec will for its part complement Cinch's existing connector offering with its creative approach to problem solving and top-performing products.
"The market strategies of the two companies are very similar, and yet, the solutions are diverse in the way they cater to markets seeking performance, quality and, at the same time, cost effectiveness," comments Mike Murray, president and CEO at Cinch. "We feel strongly that this relationship is going to be an excellent complement to our existing high-speed products, technologies and capabilities."
"The transfer of technology from Meritec to Cinch under this agreement makes sense for all concerned," concludes John T. Venaleck, Meritec's CEO. "The marriage complements Meritec's sales and marketing efforts while supporting Cinch's goals and objectives in the high performance cabling arena."
On the Web:
www.meritec.com
www.cinch.com
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