Arrow Extends IoT Position with eInfochips Acquisition

Arrow Electronics has signed a definitive agreement to acquire eInfochips, a San Jose-based managed services company focused on technology deployment, including developing custom hardware and software and new IoT-based business models.

The acquisition is expected to expand Arrow’s IoT platform by adding engineering, solution architecture, embedded software development, security, mobile device connectivity, app development, cloud configuration and management, and managed services including big-data analytics.

“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.”

The acquisition adds more than 1,500 IoT solution architects, engineers, and software development resources to Arrow’s IoT design services.

The transaction is expected to close this month.

Channel Impact^®
The acquisition is expected to enhance Arrow’s capabilities around chip design and product/IoT solution delivery, while extending the distributor’s reach in several key verticals, including retail/consumer, industrial automation, healthcare, and aerospace.