Phoenix Contact Acquires iS5 Communications
The Phoenix Contact Group has acquired Canadian company iS5 Communications Inc., based in Mississauga, Ontario. The provider of industrial network products specializes in services and solutions for critical infrastructure networks. Martin Müller, vice president of Phoenix Contact, says: “The expertise of iS5 Communications Inc. enables Phoenix Contact to take a leading position in the market for critical infrastructure networks and to further expand the business together.” Cybersecurity and data analysis play a strategically vital role in this field.
