IEWC, a US-based provider of total connectivity solutions for sub-assemblers, OEMs, and broadcast and communications companies, is set to acquire Argosy Components Ltd, a UK-based broadcast components provider.
IEWC, which is present in 20 locations across eight countries, said that Argosy's strong presence in the UK, UAE and South East Asia will help to bolster its growing broadcast and communications initiatives.
Argosy, which will continue to operate under the same name and management, is expected to benefit from IEWC's global distribution network and on-site service offerings.
IEWC has expanded aggressively in recent years and now has capabilities within the broadcast and communications marketplace with strong offerings in the USA, Canada, United Kingdom, Germany and China.
“As IEWC continues to strengthen its investments within the broadcast and communications industries, choosing partners and solutions that will truly enhance the IEWC customer experience has been of the utmost importance," said Roger Caynor, IEWC's VP of broadcast and communications. “With Argosy, their proven track record with supplier partners and customers will allow IEWC to continue to raise the bar on our offered solutions.”
Chris Smeeton, sales director, Argosy, said: “Together, Argosy and IEWC are an extremely natural fit due to the similarities both companies share in their customer-centric business models. We're excited for the opportunities this deal will create not only for Argosy and IEWC, but the enhanced support and expanded product breadth we will be able to offer our customers within the broadcast and communications markets.”