Avendus is the Exclusive Financial Advisor on Sale of eInfochips to Arrow Electronics.

eInfochips Limited (“eInfochips’), a leading global product engineering and technology innovation company, today announced the completion of its sale to Arrow Electronics, Inc., a Fortune 118 company and a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. The terms of the transaction were not disclosed.

Avendus was the exclusive strategic and financial advisor to eInfochips Limited.

Deal Value

Undisclosed

Service

Mergers & Acquisitions

Sector

Enterprise Technology & Services

Date

January 2018

eInfochips is a next generation technology services company, that’s playing a key role in the digital transformation of its marquee client base. As the digital and the physical worlds rapidly converge, more than 28 billion devices would get connected, and would constitute a USD 7 Trillion market opportunity, by 2020 (Source: IDC, Worldwide and Regional Internet of Things (IoT) 2014–2020; Forecast: A Virtuous Circle of Proven Value and Demand). eInfochips is helping to bridge this digital divide with its product development capabilities that encompass silicon design to software development.

Mr. Amit Singh

Executive Director, Avendus Capital, while commenting on the transaction

About eInfochips Limited

Founded in 1995, eInfochips has over 1,500 employees spread across India, US and Japan, offering services to multiple Fortune 500 companies across various geographies. eInfochips caters to requirements of major global innovation, R&D leaders by providing end-to-end product design services, including hardware, software and industrial design, along with digital transformation capabilities in IoT, automation, devops, video management, and cloud services.