Cambridge Pixel Switches to Employee Ownership to Secure Future

Fintec Buzz11 Nov, 2020Business

Cambridge Pixel has set up an Employee Ownership Trust (EOT) to put the award-winning radar technology firm into the hands of the team of people who work for it, and making them the direct beneficiaries of the company’s future success. Dr David Johnson, co-founder and CEO of Cambridge Pixel, who set up the company in 2007, wanted to secure the long-term future of the firm and he was keen to avoid a messy trade sale or a botched merger. He saw many advantages to the switch to employee ownership and believes that it will benefit the founders, the employees, and the company’s customers.