Business Support Services
Professional & Business Services
Parallel Technologies is a 100% employee-owned communications provider headquartered in Dublin, Ohio. Since their founding in 1983, Parallel Technologies provides communications solutions to businesses of all sizes. They provide a wide range of services including complete installation and set-up of new VoIP phone systems, carrier services, structured cabling and video conferencing. For over 35 years, they’ve helped customers navigate the ever-changing technology landscape to provide value to their business. Today, Parallel Technologies also operates locations in Cincinnati and Dayton, Ohio.
In 2020, Parallel Technologies became employee-owned when they established their Employee Stock Ownership Plan (ESOP). Employee owners at Parallel Technologies are a group of technology professionals who are dedicated to providing value in their relationships with other employees, vendors, and customers. They believe that relationships are their biggest asset that contributes to the company’s success.
While they are not certified, based on Department of Labor 5500 fillings and other third-party data sources, we believe their ESOP meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Worker Cooperative meets our standards of significant and broad-based employee ownership.
While they are not certified, based third-party data sources, we believe their Employee Ownership Trust meets our standards of significant and broad-based employee ownership.
While they are not certified, we believe they meet our standards of significant and broad-based employee ownership.
Website:
Location:
Employee Ownership Type:
ESOP
Employee-Owned Since:
2020