Inteno and Genexis join forces to create a European leader in broadband connected homes
Inteno Broadband Technology AB, the gateway division of Inteno Group AB, headquartered in Stockholm, and Genexis, a key European developer and provider of fiber-to-the-home solutions, today announce their merger. Formally, Inteno has completed the acquisition of Genexis Group, including subsidiaries in the Netherlands, Germany and Sweden. The joint company’s sales will amount to approximately 60 million EUR, making the combined Inteno Group one of the major European providers of connected home platforms and residential gateways. With the transaction, Inteno Group, currently the