January 19, 2018
E-Infochips is acquired by Arrow Electronics
e-Infochips Limited (‘e-Infochips’) has been acquired by Arrow Electronics, Inc., a Fortune 150 company, and a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 125,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 465 locations in 90 countries.
Founded in 1995, e-Infochips has over 1,500 employees spread across India, US, and Japan, offering services to multiple Fortune 500 companies across various geographies. e-Infochips provides end-to-end product design services, including hardware, software, and industrial design, along with digital transformation capabilities in IoT, automation, develops, video management, and cloud services.
We, at Nishith Desai Associates, acted as the legal, tax and regulatory counsel to the promoters, the sellers, and e-Infochips Limited.