Converge - Ownership and Business Overview

ElectronicsCompany

Converge Ownership

Who owns Converge?

Converge is owned by Arrow Electronics. It was acquired on April 6, 2010.

Was Converge formerly PE-backed?

Yes. Converge was formerly owned by 1 private investor.

Converge Business Overview

Where is Converge headquartered?

Converge is headquartered in Peabody, Massachusetts.

What sector is Converge in?

Converge is an electronics company.

Electronics M&A Summary in 2010

Out of 60 sectors in the Mergr database, electronics ranked 31 in number of deals in 2010. The largest electronics acquisition in 2010 was TSI Group - which was acquired by B/E Aerospace for $310M.

Join Mergr to view all 52 acquisitions of electronics companies in 2010, including 5 acquisitions by private equity firms, and 47 by strategics.

Converge

4 Technology Drive,
Peabody, Massachusetts 01960
United States,
(978) 538-8000
www.converge.com

Converge is a trading exchange for electronic components, computer products and networking equipment. Converge provides a high degree of market liquidity by aggregating supply and demand from thousands of component, original equipment and contract manufacturers, as well as distributors and resellers.


Company Summary

SECTOR

Electronics

Subsidiary of

Arrow Electronics

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