Delta, a provider of power and thermal management solutions, announces its board of directors has approved the purchase of 100% of the shares in Infinova (Canada) Ltd., owner of Canadian-based video surveillance and business intelligence pioneer March Networks® from Infinova International Ltd. for USD 114 million (approximately NTD 3,163,500 thousand) through its subsidiary Delta International Holding Limited B.V.
The deal is expected to strengthen Delta's presence in the growing video surveillance market and complement its building automation solutions.
