Master Electronics (originally Master Distributors) is an American company based in Phoenix, Arizona, that distributes electronic components.[1] The company was founded in 1967 by Ike Nizam. Master is one of the largest electronic component distributors in North America.[2][3][4][5] Master Electronics now has over 300 employees with 12 locations worldwide and a stock of over 350,000 unique parts for shipment and over 3 million for sale.[6]
History
The company was founded by Syrian immigrant Ike Nizam in 1967 in Santa Barbara, California, reaching $1,000,000 in annual sales by 1971.[7][8][9]
In 1999, the company created OnlineComponents as part of an e-commerce strategy.[10][11]
In 2007, the company expanded its product scope through the purchase of All American Semiconductor.[8]
In 2014, Master Electronics acquired Electro Sonic, growing company holdings.[8]
In 2017, Master Electronics celebrates its 50 year anniversary since its founding.
In January 2019, the company added Advanced Thermal Solutions, a company focused on thermal management of electronics, to its line card.[12]
In August 2023, Neutrik Americas presented Master Electronics with their 2022 Distributor Partner of the Year Award.[13]
Since its founding the company has undergone four reinvention campaigns.[14]
See also
- E-commerce
- List of Arizona companies
- DigiKey
- Mouser Electronics
References
- Aimee Kalnoskas. PODCAST: Jamil Nazim: Master Electronics nurtures a new hotbed of entrepreneurship with Seed River Electrical Engineering News and Products, 2018-02-27, retrieved 2024-05-24^
- Master Electronics Recognized as Top Distributor by Many www.businesswire.com, 2022-07-12, retrieved 2024-05-24^
- Team AzedNews. Maricopa Community Colleges And Master Electronics Announce Education Concierge Partnership – AzedNews 2023-03-31, retrieved 2024-05-24^
- Master Electronics Receives Seven Awards at the 2024 EDS Leadership Summit retrieved 2024-06-07^
- 2024 EDS Leadership Summit - Master Electronics Herald Chronicle, 2024-06-09, retrieved 2024-06-11^
- EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics EPS News, 2017-04-26, retrieved 2024-12-04^
- Company History – Timeline www.masterelectronics.com, retrieved 2024-05-24^
- EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics EPS News, 2017-04-26, retrieved 2024-05-24^
- California Manufacturers Register Times Mirror Press, 2001^
- MountainCrest Communications. Neutrik Americas Awards Master Electronics Distributor Partner of the Year Mixonline, 2023-08-29, retrieved 2024-05-24^
- ECS Inc. Announces Master Electronics as Authorized Distributor ECS Inc., 2022-05-25, retrieved 2024-05-24^
- Aimee Kalnoskas. Master Electronics adds Advanced Thermal Solutions to line card Electrical Engineering News and Products, 2019-01-09, retrieved 2024-10-16^
- Neutrik Americas Names Master Electronics As Distributor Partner Of The Year ProSoundWeb, 2023-08-30, retrieved 2024-10-30^
- Bolaji Ojo. Master Electronics Turns 50, Celebrates and Preps for 'Massive' Disruptions EPS News, April 2, 2017, retrieved September 23, 2024^