Symmetry Electronics is now part of TTI Semiconductor Group
In July 2017, Symmetry Electronics was acquired by TTI, Inc. as a wholly-owned subsidiary. Since then, TTI has created a semiconductor distribution group named the TTI Semiconductor Group, or TSG, being built through the acquisition of successful companies that are focused on the authorized distribution of semiconductors. As a rule, each company will operate predominantly standalone, maintaining its own identity, customer and supplier relationships, and financial statements, while receiving capital from the parent company to fuel growth.
Symmetry Electronics was the first company to join the TSG group. Symmetry specializes in Wireless, IoT, and Video semiconductor solutions. The next acquisition was Changnam in South Korea, a strong local semiconductor distributor with prime focus on the automotive market, and secondary focus on cellular, industrial and consumer electronics markets. This is just the start, and much more is to come as owners of companies that fit our model, and who like what TSG is building, join the family.
This group will operate independently of TTI insuring that both TTI and TTI Semiconductor Group companies will maintain their specialist business models. Rather than a more typical business consolidation, logical links will be formed between TSG companies and other members of the TTI Family of Companies, and joint marketing initiatives undertaken to maximize the overall value that the Family of Companies brings to their customers and suppliers. A major connecting point is Mouser Electronics, a family member specializing in providing the newest products and supporting materials to the world’s electronics engineering community. Semiconductor customers and suppliers alike have long wanted a specialist distributor that does for silicon what TTI does for IP&E.