January 11, 2008

Schneider Electric has agreed to acquire IMS, a U.S. company that designs and manufactures integrated motor and drive products with revenues around $20 million in 2007.
With this acquisition, Schneider Electric strengthens its presence in general motion control through the fast-growing integrated motor and drive market.

With this acquisition, we will expand our product offering for OEM customers in the U.S. while providing increased technical support in motion applications,” said Michel Crochon, executive vice president of the Automation Business Unit at Schneider.

IMS’s product are used in robotics, medical, assembly, semiconductor, packaging, engraving and pick-and-place.
 
Schneider Electric has operations in 190 countries with sales of …

Arrow Electronics, Melville, NY, has agreed to acquire the electronic components distribution business of Hynetic Electronics and Shreyanics Electronics in India.
 
This acquisition will be beneficial to Arrow, with an expanded customer base focusing on the rapidly growing small- and medium-sized market and additional strategic product lines, critical for Arrow to further expand market share in India,” said Peter Kong, president of Arrow Asia Pacific.
 
Arrow is a global supplier of products and services to industrial and commercial users of electronic components and computer products. It has 260 locations in 55 countries and territories. …