Phitek Systems

Phitek Systems is a New Zealand-based company specializing in high-quality audio technology solutions for the aviation industry, particularly known for their premium in-flight noise-cancelling headphones and advanced audio systems. Founded in 2003 in Auckland, New Zealand, Phitek Systems focuses on delivering audio solutions tailored for airlines. In January 2017, Amphenol Corporation acquired Phitek Systems for NZD 60. 00 mn.

The company has engaged in three deals since its inception. Phitek specializes in high-quality audio solutions, focusing on in-flight noise-cancelling headphones and advanced audio switching technology. Their premium in-flight headphones enhance passenger experience by effectively reducing ambient noise. Additionally, Phitek offers modular charging solutions that support various portable electronic devices, utilizing USB Type-C power delivery up to 60W and USB Type A at 10.

5W. These core offerings cater to airlines and aviation companies, enhancing passenger comfort during flights, primarily targeting the North American and European airline markets. In 2016, Phitek Systems generated revenue of NZD 15,313,019. 90 and an EBITDA of NZD 2,976,237.

60. The company operates on a business-to-business model, generating revenue through partnerships with airlines and aviation service providers. Phitek Systems aims to expand its product line with the design of new audio solutions targeted for launch in the upcoming years. The company is also exploring opportunities for geographic expansion into Asian markets by 2020.

The acquisition by Amphenol Corporation is expected to provide resources to support these growth initiatives.