|Cloud design services giant purchased by Arrow

January 03, 2018 // By Nick Flaherty
Arrow Electronics will acquire eInfochips, one of the world’s largest design and managed services companies for an undisclosed sum.

eInfochips works with companies at every phase of technology deployment, including developing custom hardware and software and new business models for the internet of Things (IoT).

Arrow says the deal will expand its “sensor-to-sunset” platform for the IoT by adding engineering, architectures, embedded software development, security, mobile device connectivity, app development, cloud configuration and management, and managed services including big-data analytics.

“This 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,” said Michael Long, chairman, president, and chief executive officer of Arrow. “This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services.”

“Arrow has redefined design engineering with our industry-leading eDesign digital platform. Customers now collaborate on Arrow.com with hundreds of online-enabled engineers. Our engineers help customers with online reference designs, cloud-based design tools, and our eDesign platform,” said Matt Anderson, chief digital officer of Arrow. “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.”

eInfochips is headquartered in San Jose, California with design centres across the US, four in India and one in Tokyo, although the company does say it 'has a presence in Europe' and the Arrow deal will  support new centres in the region. The deal is expected to close this month.

www.arrow.com