Analysis

Infinite Electronics announces acquisition of Integra Optics

6th June 2019
Alex Lynn
0

Global supplier of electronic components serving the urgent needs of engineers, Infinite Electronics, has announced its acquisition of Integra Optics, a provider of high-quality optical transceiver products and solutions. Founded in 2007, Integra is a fastest growing telecommunications company on the INC 5000 list, with locations across the United States, Canada and South America.

Integra Optics significantly adds to Infinite’s existing capabilities and shares a common customer value proposition of satisfying the product and technical support needs of engineers requiring urgent and reliable service.

Under Infinite’s leadership and management support, Integra will continue to operate as an independent brand within the overall Infinite family of brands. The company’s president, Jim Pascarell, will join the Infinite executive team and will continue to lead Integra’s day-to-day operations. David Prescott, Integra’s founder, will be leaving Integra and his current role as CEO and CTO, and will remain as a valuable consultant to the Infinite team for a period of time. 

Prescott said: “This exciting merger will broaden the products, technologies and services Integra Optics can offer to current customers, while also continuing to break ground to significantly increase network reliability and availability across an even wider customer base.”

Penny Cotner, Chief Executive Officer of Infinite Electronics, added: “We are thrilled to welcome Integra Optics to our portfolio of high-performing brands. We see an incredible opportunity to expand our technical reach to more engineers with this critical need in the market for high-quality optical transceiver products and solutions.

“With the combined leadership of the Infinite Electronics and Integra Optics teams, we see great opportunities ahead while we remain focused on delivering outstanding service and support to the customers we serve.” 

Jim Pascarell, President at Integra Optics, commented: “We are very excited to join the Infinite Electronics family. This merger opens up a whole new level of experts and resources within Infinite to help us drive the continued growth and expansion of our business, and ultimately to better serve our customers.”

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