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Leader Electronics buys Phabrix

Leader Electronics buys Phabrix

Leader Electronics buys Phabrix

World:

Leader Electronics has announced the acquisition of Phabrix, a UK based company which posseses extensive IP, HDR and UHD experience. Both companies will continue to use their existing product lines and development plans, however they will also join forces to promote their sales across the globe.

‘Phabrix is delighted to join the growing Leader team,’ commented Phabrix managing director, Phillip Adams. ‘Both companies have much to gain from each other; both putting design and engineering expertise at the heart of development. With our combined talent and complementary product lines, together with a greater geographical reach, it’s going to be a very exciting future for staff, customers and our global distribution partners.’

‘With our rapidly evolving industry, it’s important to future-proof our product development capabilities,’ added Kozo Nagao, CEO at Leader Electronics Corporation. ‘Uniting Phabrix’s and Leader’s talented development teams provides the increased momentum required to address the changing landscape of customer needs. We look forward to learning from one another as we look to maximise our growth and our global presence in the competitive test and measurement industry.’



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