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Elma Electronic history
Elma Electronic company history timeline
Elma Electronic AG was founded in 1960 in Wetzikon, near Zurich, in Switzerland.
By 1988, the company had launched its first subsidiary, expanding into the Swiss market.
The company's United States presence soon led it to form a partnership with Bustronic Corporation, also located in Fremont, founded in 1989.
As such, Elma launched a new express VMEbus packaging service in 1991, boasting a 24-hour turnaround time.
Printech, founded in 1997, provided Elma with a strong distribution unit for backplanes, enclosures, and related components in Israel.
In 1998, Trenew entered France, establishing two branches.
Mektron went on to win a number of international patents, leading to its creation of a United States subsidiary in 1999.
That product, called the Elmaset 2000 VMEbus System, featured a modular design and prefabricated components.
In order to improve its competitive position, therefore, the company embarked on a new international growth strategy, starting in 2000.
Elma next turned to Germany, where it bought Trenew Electronic AG in 2001.
"Elma Buys UK Enclosure Firm," Electronics Weekly, October 19, 2005.
In 2005, Elma reinforced its position in the United Kingdom, acquiring Mektron Ltd.
"Elma Electronic AG ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/elma-electronic-ag
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Elma Electronic competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Corsair | 1994 | $1.3B | 800 | 86 |
| Maxim Integrated | 1983 | $2.6B | 7,100 | 1 |
| PMC-Sierra | 1984 | $531.0M | 1,500 | - |
| DSP Group | 1987 | $117.6M | 409 | 1 |
| CyberArk | 1999 | $343.0M | 1,380 | 50 |
| Simcona Electronics | 1962 | $47.3M | 20 | - |
| Cambex Corporation | 1968 | $5.8M | 2,100 | - |
| Fisher Unitech - Software | 1993 | $7.9M | 62 | - |
| Trumpia | 2006 | $13.0M | 141 | - |
| Component Distributors | 1970 | $12.0M | 57 | - |
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Elma Electronic may also be known as or be related to Elma Electronic, Elma Electronic Inc. and Elma Electronic, Inc.