Relevant chronology
TTI, Inc., entered the European market in 1992 with its first office in Munich, Germany. Since that time the company’s European reach has spread to over 40 countries. In 2008, TTI acquired the Mateleco Group, a large connector distributor in France, becoming the primary distributor in both passives and connectors in France.[3]
TTI opened its first office in Asia in Singapore in 2000. Reach has since expanded to include three warehouses and 16 offices in 11 countries.
In 2000, TTI acquired Mouser Electronics, a broad-line catalog distributor based in Mansfield, Texas. Mouser is now a worldwide, authorized distributor of semiconductors and electronic components for over 700 industry manufacturers. The company focuses in the rapid introduction of new products and technologies for design engineers and buyers.[4]
In December 2006, Paul Andrews agreed to sell majority ownership of TTI to Warren Buffett controlled Berkshire Hathaway. The acquisition was completed on March 30, 2007.[5]
In 2012, Sager Electronics, a New England–based distributor with roots dating back to the 1800s, joined the TTI and Berkshire Hathaway family. Today Sager specializes in power products and services a North American customer base via headquarters in Middleborough, MA, and a national network of field account representatives and engineers, and a "Power Solutions Center" in Carrollton, TX.[6]
TTI Israel was formally established in 2013 through the combined acquisitions of Net-Aye Components (acquired in 2010) and Ray-Q (acquired in 2013).[7][8]
In 2015, Sager Electronics announced the formation of Sager Power Systems, a focused group within Sager specializing in power products and the design of power supplies.
Semiconductor distributor Symmetry Electronics was added to the TTI Family of Companies in 2017. Symmetry is a technical distributor of wireless, cellular, Bluetooth, embedded and video semiconductor technology.[9]
In 2018, TTI acquired South Korean CHANGNAM, a specialty distributor of semiconductors principally focused on automotive, consumer electronics, industrial and wireless end markets, and RFMW Ltd., a RF and Microwave component distributor headquartered in Silicon Valley, California. Subsequently the company announced the formation of the new subsidiary, TTI Semiconductor Group.[10][11]
Also in 2018, the company acquired Compona AG of Switzerland and Compona’s German subsidiary Cosy Electronics GmbH. Both Compona and Cosy are distributors of interconnect products and provide services such as in-house assembly of specific connector ranges and support on custom cable harnesses.
in July 2019 subsidiary Sager Electronics completed the acquisition of Technical Power Systems (TPS), a specialist in the production of custom battery assemblies, headquartered in Lisle, Illinois.[12]
In January 2020 subsidiary Exponential Technology Group acquired Connected Development, a leading contract design firm specializing in wireless technology, headquartered in Cary, North Carolina. [13]
In August 2021 subsidiary Exponential Technology Group acquired Paragon Innovations, an engineering design services firm headquartered in Richardson, Texas.[14]
In January 2022 TTI, Inc. acquired SMD, Inc., a specialty, authorized distributor of electronic and electrical components, services, and logistic solutions, headquartered in Irvine, California. [15]
In August 2022 subsidiary Exponential Technology Group acquires BGM Electronic Services, an engineering design services firm based in Auburn Hills, Michigan. [16]
In October 2022 TTI acquired Ecopak Power Ltd., a specialist UK and Ireland distributor of power supplies and LED drivers. [17]
In January 2023 subsidiary Exponential Technology Group acquired Braemac Pty. Ltd., an Australian based distributor of electronic components with 17 offices worldwide. [18]
In March 2023 RFMW acquires MRC Gigacomp and MRC Components, Germany based distributors of RF, microwave, millimeter-wave components in Germany, Austria, Switzerland, and Benelux. [19]
In February 2024 TTI acquires Raffenday Limited, a specialist manufacturer and distributor of low and high-voltage cable assemblies and interconnect component solutions for the automotive and transportation markets.[20]
