Arrow Electronics acquires IoT specialist eInfochips

By Jonathan Dyble
Colorado-based Arrow Electronics has announced that it is acquiring global product engineering services firm eInfochips as part of its attempts to bolst...

Colorado-based Arrow Electronics has announced that it is acquiring global product engineering services firm eInfochips as part of its attempts to bolster its standing within the internet of things (IoT) sector.

“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market,” said Michael J. Long, chairman, president, and chief executive officer of Arrow. “As a result, we will deliver complex and connected IoT solutions and technologies across multiple cloud platforms.”

See also:

eInfochips is renowned for its work with a number of Fortune 1000 companies throughout the development and deployment of custom software and hardware, including new IoT-based business models.

Arrow will take advantage of eInfochips expertise in expanding its “sensor-to-sunset” IoT platform.

“Connecting eInfochips’ IoT capabilities and engineers to our eDesign platform will substantially augment the scale of eInfochips’ services, delivered via digital tools, to Arrow’s 125,000 customers,” said Matt Anderson, chief digital officer of Arrow. 

The transaction, of which the fee is yet to be disclosed, is expected to complete before the month’s end.

Share

Featured Articles

Cloud & 5G - Day 1 highlights from the in-person stage

TECH LIVE LONDON returned to the Tobacco Dock last week. The stage host and Technology Magazine Editor in Chief, Alex Tuck, discusses the key themes

TECH LIVE LONDON: Day 2 highlights of the hybrid tech show

We take a look at some of the highlights of our final day at the Tech Live London show, including insights from Claroty, SalesForce and Oracle

TECH LIVE LONDON: An overview of the hybrid technology show

We take a look at the first day of Tech Live London with insights from technology leaders from companies such as IBM, Microsoft and Vodafone

TECH LIVE LONDON: Begins tomorrow at 10am!

Digital Transformation

Executive Q&A: Marc Lueck, CISO EMEA, Zscaler

Cloud & Cybersecurity

TECH LIVE LONDON: Registering, networking and logistics

Digital Transformation