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Wyle history
Wyle company history timeline
Evidencing the importance of his role and of the electronics division, Clough was elevated to president of Wyle Laboratories in 1985.
Wyle's comeback in 1988 was partially attributable to its scientific services and systems division, which represented the original core of the company.
Indeed, by 1988 Wyle had become the largest semiconductor distributor in the western United States.
Reflecting the profit potential of the distribution business were large contracts, such as a $20 million agreement reached in 1988 to supply Prudential Insurance Co. with custom-tailored computer systems.
By late 1988 Wyle had snared 65 percent of the fast-growing ASICs distribution business in the United States.
Sales rose upward to nearly $320 million in 1989, and Wyle began to once again expand its distribution business east of the Mississippi.
Still, the division stagnated and by 1990 was supplying little more than 20 percent of Wyle's total revenues.
In 1992 Clough promoted former Texas Instruments coworker Ralph Ozorkiewicz to president and chief operating officer of Wyle, which left Ozorkiewicz in charge of both the electronics marketing and scientific services groups.
Wyle's distribution and services network swelled to include 30 facilities around the country that were generating company-wide sales of about $450 million by 1993.
Wyle Electronics was created in 1994 as the successor to Wyle Laboratories.
In 1994, moreover, Wyle achieved impressive growth as the market for semiconductors and computer equipment exploded.
Through a buy-out in 1995, the company was split into Wyle Electronics and the Scientific Services and Systems Group, which continued to operate as Wyle Laboratories.
In 1998, Wyle acquired Krug Life Sciences, an aero-medical research company with 30-plus years of history supporting NASA's manned space flight programs.
In May 2009, Wyle entered into a merger agreement to be acquired by Court Square Capital Partners, an investment company which is now the majority shareholder.
In 2016, KBR purchased Wyle for $570 million becoming KBRwyle
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Zippia gives an in-depth look into the details of Wyle, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Wyle. The employee data is based on information from people who have self-reported their past or current employments at Wyle. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Wyle. The data presented on this page does not represent the view of Wyle and its employees or that of Zippia.
Wyle may also be known as or be related to Wyle and Wyle Laboratories, Inc. (until 2007) Wyle (2007-2016).