Arrow announces the successful acquisition of eInofchips
Arrow Electrnics, Inc. announced today the successful completion of its acquisition of eInfochips, one of the world’s largest design and managed services companies.
eInfochips is headquartered in San Jose, Calif., with locations in India and Europe, and has 1,500 IoT solution architects, engineers, and software development resources globally. eInfochips’ breadth of capabilities spans chip design, to product and IoT solution delivery, and across many industries, from retail and consumer, to industrial automation, healthcare, and aerospace.
“Unlike other services companies, we pioneered end-to-end product design, including hardware, software and industrial design. This acquisition is also a testament to our engineering execution, expertise in connected devices and connecting them to the cloud, and the trust that our clients place in us” said Pratul Shroff, chief executive of eInfochips.
“Upon close of this acquisition, eInfochips advances our IoT strategy, expands our offerings, and moves us into the rapidly growing IoT services market. As a result, we will deliver complex and connected IoT solutions and technologies across multiple cloud platforms,” Michael J. Long, chairman and chief executive officer of Arrow, said in a statement.