Würth buys SW timing specialist IQD
IQD Frequency Products in Crewkerne, Somerset, has been bought by German component maker Würth Elektronik.
The 44 year old company makes quartz crystals and oscillators that provide the timing for all kinds of electronics and along with its US subsidiary IQD Frequency Products Inc in Palm Springs will be part of the Würth Elektronik eiSos Group.
IQD is among the leading manufacturers of frequency control devices in Europe, and is active in over 80 countries. The deal will enable the company to make even greater investments in the further development of technologies and products, says Würth.
“With IQD our group has now acquired a highly innovative company with cutting-edge technologies and component solutions which are a logical extension of the range of products we offer. We are particularly pleased that we’re now able to offer valuable extensions for IoT, WiFi, GPS and 5G applications,” said Oliver Konz, CEO of Würth Elektronik eiSos Group.
IQD develops, manufactures and markets quartz crystals, oscillators, VCXOs, TCXOs, OCXOs, GPS-synchronised OCXOs and rubidium oscillators. The company also offers product solutions built to customer’s specifications.
“In our eyes, Würth Elektronik eiSos is the ideal partner for us,” said Paul Fear, former Group Managing Director of IQD. “Supported by Würth Elektronik eiSos’ global sales strength, IQD will be able to continue its growth whilst at the same time expanding its range of innovative product solutions.”
Comments
Tell me what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!
Sponsors
Sponsorship opportunities here
