Toccoa, Georgia-based Galaxy Next Generation, an interactive learning technology company, says it will acquire of Classroom Technology Solutions (CTS) by mid-October.
CTS is a designer, manufacturer, importer and integrator of audiovisual products, with headquarters in Jacksonville, Florida.
Gary LeCroy, Galaxy’s chief executive, said: “We are confident that by adding CTS’s collaboration technology offerings and geographic footprint, that it will help accelerate our revenue growth. We are excited about advancing our due diligence and documentation to now target a closing over the next few weeks.”
Cy Marshall, Classroom Technology Solutions’ chief executive, added: “We are excited about the future and have been working behind the scenes on numerous new products that will catapult the Galaxy brand. Customer-focused solutions have been the driver of both Galaxy and CTS and will continue as we move forward together.”
Date published: 28 September 2020