Nexteq Logo

Empowering technology

Nexteq plc is a global leader in specialist technology solutions, driving innovation across a wide range of industries. As the parent company of Quixant and Densitron, Nexteq empowers these renowned brands to deliver state-of-the-art solutions tailored to meet the unique needs of their respective markets.

Nexteq Logo

Empowering technology

Nexteq plc is a leading technology solutions provider specializing in powering innovation across diverse industries. Operating globally, Nexteq is the parent company of Quixant and Densitron, two renowned brands delivering cutting-edge solutions tailored to their respective markets.

Nexteq Logo

Empowering technology

Nexteq plc is a leading technology solutions provider specializing in powering innovation across diverse industries. Operating globally, Nexteq is the parent company of Quixant and Densitron, two renowned brands delivering cutting-edge solutions tailored to their respective markets.

By partnering with us, businesses can focus on driving their success, relying on our innovative products and global engineering expertise to address the rest.

We select markets which are undergoing a technology evolution which require products and solutions that are not fully addressed by other generalist technology businesses. With a high degree of focus, we are experts in these selected industries, both commercially and technologically. As a result, we not only offer solutions to customers’ known challenges, but also drive innovation to improve their products as well.

Our engineering capabilities span a broad range of disciplines, including hardware and software design, display technology, industrial design, and mechanical engineering, giving us the unique ability to engineer turnkey solutions for the benefit of our customers.

But Nexteq’s value proposition goes far beyond the quality of our product offering and the creativity of our global engineering teams. Our Far Eastern sourcing, manufacturing and logistics operation, including a thriving hub in Taiwan, grants us local access to Far Eastern electronics markets and insight into their complex supply chain dynamics. In turn, this enables us to protect customers from volatility when it comes to component availability.

Business model

Nexteq is primarily a hardware product business, operating as a technology design and supply chain partner to customers in selected industrial markets. Key value attributes of the hardware we supply include firmware embedded within the product, software included as standard, and unparalleled service when it comes to integration support, supply chain management, logistics and after sales support.

Typically, our B2B customers integrate our solutions with their own intellectual property, to bring exceptional finished goods to market. By outsourcing elements of their technology stack to Nexteq, our customers can focus their product development effort on the most critical drivers of their business’ success.

The Group generates revenue each time a customer purchases one of its products for integration into their solutions. The closely integrated nature of our products with customers designs, sometimes including software we have developed, drives a repeatability in our revenue. This characteristic is strengthened by the regulations in some of the markets in which we operate.

We select markets in which there’s a technology evolution occurring, which require products and solutions that are not fully addressed by other generalist technology businesses. With considerable focus, we’re able to become experts in these industries, both commercially and technologically. As a result, we not only offer solutions to customers’ known challenges, but also drive innovation to improve their products as well.

Growth strategy

The Group serves as an outsource technology and supply chain partner for major global industrial electronic equipment manufacturers, with a focus on specific vertical markets. The Group combines hardware, software, display and mechanical engineering expertise, a global sales network with in-depth industry knowledge and a Far Eastern manufacturing base making it the ideal global strategic technology provider.

The Group’s origins are in its highly respected Quixant brand of specialised computer platforms, which are designed to power machines in the global casino gaming and slot machine market. These computer platforms, which are supplied to electronic gaming machine manufacturers installed in casinos and other gaming venues globally, combine optimised hardware and software elements to address the specialist needs of this highly regulated market. By outsourcing their computer platform to Quixant, manufacturers can focus their R&D on the game design, which has the greatest impact on their commercial success. They are also able to bring new products to market quicker.

A key objective is for the Group to diversify its revenue across more customers, product offerings and vertical markets. The Group seeks to achieve this objective through its Densitron business. Densitron has a 52-year pedigree in supplying display components to a wide range of industrial sectors, from which the Board has selected sectors in which there is the opportunity to develop tailor-made products, which are different to those readily available from broad-based technology corporations. We believe the Broadcast market represents such an opportunity, in which we have developed unique solutions which revolutionise the human machine interaction and control of Broadcast equipment.

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