Spectrum Global Solutions Announces Definitive Agreement to Merge with High Wire Networks

In his interview with e-Channel News Mark Porter, President and CEO of High Wire Networks, talks about the company’s journey as the leading global technology systems integrator and managed cybersecurity solutions provider, navigating the challenges through the times of pandemic, the agreement to merge with Spectrum Global Solutions and the opportunities it brings, the growth of High Wire Networks Managed Cybersecurity Business as well as the vision for 2021.

Watch the full video here.

“We are excited about the opportunity in front of us,” said Mark Porter, CEO of High Wire. “2021 promises to be a pivotal year. ADEX and High Wire both have world-class customer bases and great people. Together, they can leverage the systems and technology High Wire brings to create new value propositions for our customers and shareholders. We will quickly streamline the combined organization to capture significant cost savings, and more importantly, leverage all of our assets to ignite our sales and accelerate our upward trajectory.”

Spectrum Global Solutions Inc. is a single-source provider of next-generation communications network and professional services to telecommunications and enterprise markets.

High Wire is a global provider of managed security, professional services, technology solutions, and commercial/industrial electrical solutions delivered exclusively through a channel sales model. High Wire’s Overwatch managed security platform-as-a-service offers organizations end-to-end protection for networks, data, endpoints, and users via multiyear recurring revenue contracts in this fast-growing technology segment. In 2020, a year impacted by the COVID pandemic, High Wire produced more than $18 Million in gross revenue and an operating profit.