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Master Electronics

From Wikipedia, the free encyclopedia
Master Electronics
Company typePrivately held company
IndustryElectronics distribution
Founded1967 (1967)
FounderIke Nizam
Headquarters
Phoenix, Arizona
,
United States
Area served
Worldwide
Key people
  • Riad Nizam (president and chief operating officer
Number of employees
360+
Websitemasterelectronics.com

Master Electronics (originally Master Distributors) is an American company based in Phoenix, Arizona, that distributes electronic components.[1] The company was founded in 1967 by Ike Nizam. Master is one of the largest electronic component distributors in North America.[2][3][4][5][6] Master Electronics now has over 300 employees with 12 locations worldwide and a stock of over 350,000 unique parts for shipment and over 3 million for sale.[7]

History

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The company was founded by Syrian immigrant Ike Nizam in 1967 in Santa Barbara, California, reaching $1,000,000 in annual sales by 1971.[8][9][10]

In 1999, the company created OnlineComponents as part of an e-commerce strategy.[11][12]

In 2007, the company expanded its product scope through the purchase of All American Semiconductor.[9]

In 2014, Master Electronics acquired Electro Sonic, growing company holdings.[9]

In 2017, Master Electronics celebrates its 50 year anniversary since its founding.[13]

In January 2019, the company added Advanced Thermal Solutions, a company focused on thermal management of electronics, to its line card.[14]

In August 2023, Neutrik Americas presented Master Electronics with their 2022 Distributor Partner of the Year Award.[15]

Since its founding the company has undergone four reinvention campaigns.[13]

See also

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References

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  1. ^ Kalnoskas, Aimee (2018-02-27). "PODCAST: Jamil Nazim: Master Electronics nurtures a new hotbed of entrepreneurship with Seed River". Electrical Engineering News and Products. Retrieved 2024-05-24.
  2. ^ "Master Electronics Recognized as Top Distributor by Many". www.businesswire.com. 2022-07-12. Retrieved 2024-05-24.
  3. ^ AzedNews, Team (2023-03-31). "Maricopa Community Colleges And Master Electronics Announce Education Concierge Partnership – AzedNews". Retrieved 2024-05-24.
  4. ^ "Master Electronics Announces Tariff Free Zone". www.businesswire.com. 2018-10-04. Retrieved 2024-05-24.
  5. ^ "Master Electronics Receives Seven Awards at the 2024 EDS Leadership Summit". Retrieved 2024-06-07.
  6. ^ "2024 EDS Leadership Summit - Master Electronics". Herald Chronicle. 2024-06-09. Retrieved 2024-06-11.
  7. ^ "EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics". EPS News. 2017-04-26. Retrieved 2024-12-04.
  8. ^ "Company History – Timeline". www.masterelectronics.com. Retrieved 2024-05-24.
  9. ^ a b c "EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics". EPS News. 2017-04-26. Retrieved 2024-05-24.
  10. ^ California Manufacturers Register. Times Mirror Press. 2001. ISBN 978-1-55600-797-2.
  11. ^ Communications, MountainCrest (2023-08-29). "Neutrik Americas Awards Master Electronics Distributor Partner of the Year". Mixonline. Retrieved 2024-05-24.
  12. ^ "ECS Inc. Announces Master Electronics as Authorized Distributor". ECS Inc. 2022-05-25. Retrieved 2024-05-24.
  13. ^ a b Ojo, Bolaji (April 2, 2017). "Master Electronics Turns 50, Celebrates and Preps for 'Massive' Disruptions". EPS News. Retrieved September 23, 2024.
  14. ^ Kalnoskas, Aimee (2019-01-09). "Master Electronics adds Advanced Thermal Solutions to line card". Electrical Engineering News and Products. Retrieved 2024-10-16.
  15. ^ "Neutrik Americas Names Master Electronics As Distributor Partner Of The Year". ProSoundWeb. 2023-08-30. Retrieved 2024-10-30.