India:
E-Infochips Is Acquired By Arrow Electronics
23 January 2018
Nishith Desai Associates
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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.
Our Role
We, at
Nishith Desai Associates, acted as the legal, tax and
regulatory counsel to the promoters, the sellers, and e-Infochips
Limited.
PRESS COVERAGE
Press coverage in relation to the transaction is available at
the
Business Wire and the
Business Line.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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