(Philadelphia, PA – November 30, 2022): PEI-Genesis has acquired California-based Testco Inc., a supplier of passive, electromechanical, and interconnect components with 40 years of customer excellence. It was announced today by Steven Fisher, President & CEO of PEI-Genesis. The purchase allows the company to better serve a broader range of customers’ needs for IP&E product solutions. “We ……Read More »
TTI Agreement to Acquire SMD Inc. TTI Inc. has entered into a purchase agreement to acquire SMD Inc., a privately held electronic component distributor headquartered in Irvine, California. Upon completion of the transaction, SMD President/Owner Rich Unruh will continue to lead the company, reporting to Don Akery, President, TTI Americas. SMD Inc. is a specialty, ……Read More »
New Yorker Electronics Co Acquires Omni Pro Elextronics New Yorker Electronics Co. Inc. announced the acquisition of Omni Pro Electronics Inc., a leading electronic component distributor, located in Addison, Texas. Omni Pro maintains a deep inventory of industrial control and board-level components used in a broad array of industrial, commercial, and aerospace/defense applications.
New Yorker Electronics Co Announced the Acquisition of Omni Pro Electronics New Yorker Electronics Co. Inc. announced the acquisition of Omni Pro Electronics Inc., a leading electronic component distributor, located in Addison, Texas. Omni Pro maintains a deep inventory of industrial control and board-level components used in a broad array of industrial, commercial, and aerospace/defense applications.
PEI-Genesis to sell FilConn to Hermetic Solutions Group PEI-Genesis announces that the company has signed a definitive agreement to sell FilConn based in Chandler, Arizona to Hermetic Solutions Group (HSG). PEI-Genesis first acquired FilConn back in 2016 with the aim to better serve customers’ needs for low volume, quick turn, custom connectors. With the sale ……Read More »
Mouser Electronics, Inc., announced the opening of the new Customer Service Center building at its corporate headquarters, devoted entirely to customer service and support. “Mouser has been fortunate to see strong growth over the last several years, and we need more space for more people to provide our signature customer service,” said Coby Kleinjan, Vice ……Read More »
Heilind Electronics opened a new distribution center in Mentor, Ohio, just a short distance from the Highland Heights distribution center it’s intended to replace. The new state-of-the-art distribution facility spans 180,000 square feet and includes more shelf space, a larger carrier service delivery area, a conveyor belt system extending across 5,450 linear feet, and room for ……Read More »
Farnell appointed Lee Turner as Global Head of Semiconductors and Single Board Computers (SBC) and Simon Meadmore as Global Head of Interconnect, Passive, and Electromechanical (IP&E) Components. Both Lee and Simon will report to Chris Breslin, President of Farnell’s global businesses, which operates as Newark in North America and element14 in APAC. Lee joined Farnell in 2016 as Global Head of Operations ……Read More »
Avnet promoted Chief Transformation Officer Pete Bartolotta to president of its Business Transformation division, reporting to CEO Bill Amelio. Bartolota joined Avnet in 2016 and has since been responsible for scaling the company’s high-growth solutions — including IoT, artificial intelligence (AI), global design service, and Avnet Integrated initiatives — to expand opportunities with new and ……Read More »
Avnet promoted Max Chan to Chief Information Officer (CIO). Chan is now responsible for all information technology (IT) areas throughout the Avnet ecosystem, which includes the delivery of all strategic business IT and digital transformation initiatives. He will work closely with Avnet senior executives to translate their business strategies into IT roadmaps and set the ……Read More »