Huntington, NY – June 6, 2017 — Serendipity Electronics Inc., a leading global diversity supplier of high volume electronic components and computer peripherals, announced today the celebration of their 25th Anniversary in business. The company also announces their acquisition of the electronic component distribution division of Nex-Solutions, Inc. This acquisition expands the company’s sourcing reach in Asia and gains a long-standing base of domestic OEM and EMS customers.
“We are thrilled to share these milestones with our community of employees and customers – the people who have been the driving force behind our expansion and success,” comments Patricia O’Neill, President of Serendipity Electronics Inc. “These are two exciting celebrations for our company. We celebrate our twenty-five year history of dedication to complete customer satisfaction and also look forward to the future. The acquisition of the electronic component distribution division of Nex-Solutions, Inc., is an important step in further expanding our sourcing assets in Asia and leveraging their business model which has garnered millions of dollars in customer cost savings.”
“Serendipity’s highly skilled team and long-standing customer relationships are an excellent complement to our electronic component distribution business,” said Gary Itenson, President and Founder, Nex-Solutions, Inc. “Combining the two businesses is a clear win and creates greater scale and focus which will immediately benefit our customers and suppliers.”
Contributing to the success of Serendipity Electronics Inc. is the company’s service of some of the world’s largest manufacturers and their CEM’s in varied markets ranging from the automotive, electrical and mechanical industries to the communications and medical industries as well. Services provided include sourcing urgent requests for quote, purchasing providers for OEM’s and Tier One’s, and cost savings opportunities with strategic sourcing in Asia. Servicing a variety of industries, as well as diversifying their portfolio of services, enables Serendipity Electronics Inc. to compete as a valued supplier in the electronic components industry.
About Serendipity Electronics Inc.:
Founded in 1991, Serendipity is a company certified by Women’s Business Enterprise National Council (WBENC) and Woman Business Enterprise (WBE). As one of few independent distributors with this certification, the company meets the diversity needs for some of the world’s largest OEM and EMS companies on a global basis.
With its ISO 9001, ANSI/ESD 20.20, AS9120, and ISO 14001 certifications, Serendipity is dedicated to the distribution of electronic components and interconnect products. They serve a wide range of end markets that include automotive, aerospace, medical, industrial, and government electronics. Serendipity has locations in New York, Shenzhen, and Canada with hubs in El Paso, Laredo, Eagle Pass, UK and Hong Kong.
About Nex-Solutions, Inc.:
Nex-Solutions, Inc., provides a suite of services that include electronic component distribution, custom component manufacturing and industry advisory services. Since inception, the company has operated in Asia and has a significant team of sourcing specialists within the region and a supplier company that has been built upon long-standing relationships.
For more information, contact:
SERENDIPITY ELECTRONICS INC.
152 East Main Street
Huntington, New York 11743