TTI, Inc., is a distributor of electronic components that include

capacitor A capacitor is a device that stores electrical energy in an electric field by virtue of accumulating electric charges on two close surfaces insulated from each other. It is a passive electronic component with two terminals. The effect of ...

resistor A resistor is a passive two-terminal electrical component that implements electrical resistance as a circuit element. In electronic circuits, resistors are used to reduce current flow, adjust signal levels, to divide voltages, bias active el ...

s, connectors,

switch In electrical engineering, a switch is an electrical component that can disconnect or connect the conducting path in an electrical circuit, interrupting the electric current or diverting it from one conductor to another. The most common type of ...

es,

relay A relay Electromechanical relay schematic showing a control coil, four pairs of normally open and one pair of normally closed contacts An automotive-style miniature relay with the dust cover taken off A relay is an electrically operated switch ...

s, circuit protection,

electromagnet An electromagnet is a type of magnet in which the magnetic field is produced by an electric current. Electromagnets usually consist of wire wound into a coil. A current through the wire creates a magnetic field which is concentrated in the ...

ics, discrete

semiconductor A semiconductor is a material which has an electrical resistivity and conductivity, electrical conductivity value falling between that of a electrical conductor, conductor, such as copper, and an insulator (electricity), insulator, such as glas ...

sensor A sensor is a device that produces an output signal for the purpose of sensing a physical phenomenon. In the broadest definition, a sensor is a device, module, machine, or subsystem that detects events or changes in its environment and sends ...

RF module An RF module (short for radio-frequency module) is a (usually) small electronic device used to transmit and/or receive radio signals between two devices. In an embedded system it is often desirable to communicate with another device wirelessly. Th ...

s, and

antennas In radio engineering, an antenna or aerial is the interface between radio waves propagating through space and electric currents moving in metal conductors, used with a transmitter or receiver. In transmission, a radio transmitter supplies a ...

. The company was founded by Paul Andrews in 1971. A former buyer for

General Dynamics General Dynamics Corporation (GD) is an American publicly traded, aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth-largest defense contractor in the world by arms sales, and 5th largest in the Uni ...

, the global aerospace and defense company, Andrews developed an approach to electronic component distribution with emphasis on available-to-sell inventory, supply chain programs, and the industry’s first, formal Total Quality Management program. Andrews served as Chief Executive Officer until his passing in February 2021. Subsequently, 40-year employee and Chief Operating Officer Mike Morton was promoted to the position of CEO. Originally named Tex-Tronics, Inc., Andrews changed the name to TTI, Inc., in 1973 to avoid a legal dispute involving another company with a similar name. Founded to serve aerospace and defense equipment manufacturers, the company’s customers now include manufacturers in the transportation, industrial, medical, and communications sectors. TTI, Inc. and its wholly owned subsidiaries, also known as the TTI Family of Specialists (TTI FOS), Mouser Electronics, Sager Electronics, and Exponential Technology Group employ over 8,000 people at more than 136 locations throughout the Americas, Europe, Asia, and Africa. TTI's global headquarters is located Fort Worth, Texas, the TTI Family of Specialists maintain over 3 million square feet of dedicated warehouse space globally. Over 2.2 million square feet of which is located in the Americas. European headquarters is located near Munich, Germany; nearly 600,000 square feet of distribution capacity is maintained in Europe. Asia headquarters is located in Singapore, with distribution centers in Singapore, Hong Kong and China, totaling over 300,000 square feet of distribution capacity. TTI has seven proximity warehouses located in Mexico: Tijuana, Hermosillo, Chihuahua, Juarez, Acuna, Reynosa, and Guadalajara, with a combined distribution capacity over 100,000 square feet. TTI is a wholly owned, indirect subsidiary of

Berkshire Hathaway Inc. Berkshire Hathaway Inc. () is an American multinational conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums ...

Relevant chronology

TTI, Inc., entered the European market in 1992 with its first office in Munich, Germany. Since that time the company’s European reach has spread to over 40 countries. In 2008, TTI acquired the Mateleco Group, a large connector distributor in France, becoming the primary distributor in both passives and connectors in France. TTI opened its first office in Asia in Singapore in 2000. Reach has since expanded to include three warehouses and 16 offices in 11 countries. In 2000, TTI acquired Mouser Electronics, a broad-line catalog distributor based in Mansfield, Texas. Mouser is now a worldwide, authorized distributor of semiconductors and electronic components for over 700 industry manufacturers. The company focuses in the rapid introduction of new products and technologies for design engineers and buyers. In December 2006, Paul Andrews agreed to sell majority ownership of TTI to Warren Buffett controlled Berkshire Hathaway. The acquisition was completed on March 30, 2007. In 2012, Sager Electronics, a New England–based distributor with roots dating back to the 1800s, joined the TTI and Berkshire Hathaway family. Today Sager specializes in power products and services a North American customer base via headquarters in Middleborough, MA, and a national network of field account representatives and engineers, and a "Power Solutions Center" in Carrollton, TX. TTI Israel was formally established in 2013 through the combined acquisitions of Net-Aye Components (acquired in 2010) and Ray-Q (acquired in 2013). In 2015, Sager Electronics announced the formation of Sager Power Systems, a focused group within Sager specializing in power products and the design of power supplies. Semiconductor distributor Symmetry Electronics was added to the TTI Family of Companies in 2017. Symmetry is a technical distributor of wireless, cellular, Bluetooth, embedded and video semiconductor technology. In 2018, TTI acquired South Korean CHANGNAM, a specialty distributor of semiconductors principally focused on automotive, consumer electronics, industrial and wireless end markets, and RFMW Ltd., a RF and Microwave component distributor headquartered in Silicon Valley, California. Subsequently the company announced the formation of the new subsidiary, TTI Semiconductor Group. Also in 2018, the company acquired Compona AG of Switzerland and Compona’s German subsidiary Cosy Electronics GmbH. Both Compona and Cosy are distributors of interconnect products and provide services such as in-house assembly of specific connector ranges and support on custom cable harnesses. July 2019 Sager Electronics completed the acquisition of Technical Power Systems (TPS), a specialist in the production of custom battery assemblies, headquartered in Lisle, Illinois. January 2020 Exponential Technology Group acquired Connected Development, a leading contract design firm specializing in wireless technology, headquartered in Cary, North Carolina. August 2021 Exponential Technology Group acquired Paragon Innovations, an engineering design services firm headquartered in Richardson, Texas. January 2022 TTI, Inc. acquired SMD, Inc., a specialty, authorized distributor of electronic and electrical components, services, and logistic solutions, headquartered in Irvine, California.

Subsidiaries

Subsidiaries include: *

Mouser Electronics Mouser Electronics is a global distributor of semiconductors and electronic components. With over $3 billion in annual revenue, Mouser is ranked as the seventh largest electronic component distributor in the world. The company has 27 locations ...

*Sager Electronics **PowerGate LLC **Norvell Electronics **Technical Power Systems *Exponential Technology Group **Symmetry Electronics **Changnam I.N.T.LTD. **RFMW Ltd. **Connected Development **Paragon Innovations

Acquisitions

North America *2000 Mouser Electronics *2004 Capsco *2008 NTI *2012 Sager Electronics *2015 Norvell Electronics (Sager) *2014 Astrex *2014 PowerGate (Sager) *2017 Power Sources Unlimited (Sager) *2017 Symmetry Electronics (XTG) *201
RFMW Ltd.
(XTG) *201
CHANGNAM
(XTG) *201
Technical Power Systems
(Sager) *202
Connected Development
(XTG) *202
Paragon Innovations
(XTG) *202
SMD, Inc.
Europe *2008 Mateleco Group *2010 Flightspares *2012 Campbell Collins *2018 Compona AG (Cosy Electronics GmbH) Asia *2010 Net-Aye *2012 NPCS Autotronic *2013 Ray-Q *2014 HuaTong Electronics *2018 CHANGNAM I.N.T.LTD. (XTG) Oceania * 2022 Braemac (XTG)

References

{{Berkshire Hathaway Electronic component distributors 2007 mergers and acquisitions Business services companies established in 1971 Companies based in Fort Worth, Texas Distribution companies of the United States