WT Microelectronics wants to pay $3.8 billion for Canada's Future Electronics, breathing new life into a dormant M&A market.
By Bolaji Ojo
What’s at stake:
Taiwan’s WT Microelectronics, in offering to purchase Canada’s Future Electronics, is breaking new grounds. The proposed East-West purchase is a rarity in the electronics component distribution world. M&As in the business have crawled to a halt since the 1990s when the biggest players led the consolidation of the market. Is another consolidation on tap in the distribution sector and will the biggest companies be on the block this time?