Arrow acquires eInfochips to further its IoT leadership position

Arrow Electronics has announced that it has signed a definitive agreement to acquire California-based product engineering and software R&D services firm eInfochips. eInfochips specialises in IoT-based business models. Arrow expects to further its IoT platform through the acquisition. Arrow’s IoT “sensor-to-sunset” platform will receive a boost from eInfochips’ efforts that include adding engineering, solution architecture, embedded software development, security, mobile device connectivity, app development, cloud configuration and management, and managed services including big-data analytics. Michael J. Long, chairman, president, and chief executive officer of Arrow, said: “We will deliver complex and connected IoT solutions and technologies across multiple cloud platforms. This acquisition adds over 1,500 IoT solution architects, engineers, and software development resources to Arrow’s already leading position in IoT design services.”