Matrox has announced that its Co-Founder, Lorne Trottier, has acquired 100-percent ownership of the Matrox group of companies, including its three divisions, Matrox Imaging, Matrox Graphics and Matrox Video.
“This next phase represents a renewed commitment to our valued customers, suppliers and business partners, as well as to our 700 dedicated employees worldwide,” Trottier said. “At Matrox, our culture is defined by our passion for technological innovation and product development. We maintain the highest degree of corporate responsibility vis-a-vis production quality and industry standards. I am extremely proud of our accomplishments over our 40-plus-year history and would like to thank my co-founder for his contributions.”
Since 1976, Matrox has pioneered a number of hardware and software solutions for an array of high-tech industries. Matrox will continue to work closely with its global stakeholders to solve specific real-world issues.
Stikeman Elliott LLP and Borden Ladner Gervais LLP acted as legal counsel to Trottier in connection with the transaction, while Canaccord Genuity Group acted as his M&A advisors.