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VOLUME -25 NUMBER 5
Publication Date: 05/1/2010
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Electronic Mfg. Services
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Special Features: Components and Distribution
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May 2010 Issue
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TTI Acquires Net-Aye Technologies
Fort Worth, TX — TTI, Inc. has acquired Net-Aye Technologies Ltd., a specialized interconnect and LED distributor located in Kfar-Saba Israel. Net-Aye is a subsidiary of Bar-Tec Ltd. founded in 1998. Paul Andrews, TTI President and CEO, said, "Israel has been an important market for TTI for many years due to its significant growth in high-tech and the electronics industry. Net-Aye is a perfect fit given their strong relationships with many of these customers."
The management team will remain in place with Mr. Amir Schor as general manager and will report to Mr. Andrews during the 2010 transition. This marks the fourth acquisition that TTI has made after its own acquisition by Berkshire Hathaway in March 2007. Today TTI has over 30 branches throughout Europe and Asia in addition to its 25 branches in North America.
Contact: TTI, 2441 Northeast Parkway, Fort Worth, TX 76106-1896
817-740-9000 or 817-429-4600 fax: 817-740-1260 Web:
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