Abracon Acquires Fox Electronics
SPICEWOOD, Texas, Dec. 10, 2020 /PRNewswire/ -- Abracon LLC, today announced that it has acquired Fox Electronics, a privately held frequency control supplier headquartered in Fort Myers, Florida.
Mike Calabria, President and Chief Executive Officer stated, "We are very excited about the addition of Fox Electronics to Abracon's industry leading offering of Frequency and Timing products. Fox Electronics is a well-recognized brand that customers have become familiar with over the past 40 years. Fox Electronics' leading-edge knowledge and product insight are excellent additions to Abracon. Abracon continues to execute on its acquisition strategy to expand its portfolio of brands with Fox being added to the Abracon brands of ILSI, Ecliptek, MMD and Oscilent. With the acquisition of Fox Electronics, Abracon will be able to further expand its Timing and Frequency portfolio. By integrating Fox Electronics' range of products into Abracon's existing portfolio, Abracon will strengthen its ability to provide the latest technical design support and global supply chain flexibility to solve customers' unique challenges of today."