IQD Frequency Products Group has been acquired by Würth Elektronik eiSos Group. The deal expands Würth Elektronik’s existing selection of passive components with a comprehensive range of quartz crystals and oscillators. The company is active in over 80 countries. Würth Elektronik eiSos is acquiring a company with a tradition dating back 44 years.
“With IQD our group has now acquired a highly innovative company with cutting-edge technologies and component solutions which are a logical extension of the range of products we offer. We are particularly pleased that we’re now able to offer valuable extensions for IoT, WiFi, GPS and 5G applications,” says Oliver Konz, CEO of Würth Elektronik eiSos Group.
IQD develops, manufactures and markets quartz crystals, oscillators, VCXOs, TCXOs, OCXOs, GPS-synchronised OCXOs and rubidium oscillators. The company also offers product solutions built to customer’s specifications.
IQD’s products are specified by leading manufacturers in the industrial, communications, computing, consumer, automotive, aerospace, and medical industries throughout the world.
Thomas Schrott, CEO Würth Elektronik eiSos Group adds: “At IQD Frequency Products, the concepts of personal advice and support, from the original product idea, via prototypes and all the way to serial production are an integral part of the business model. These features fit in perfectly to our corporate philosophy ‘more than you expect’”.
“We are constantly seeking to expand our range of services and competences in the area of wireless and frequency control solutions. The acquisition of AMBER Wireless in 2016 was a boost for our activities in the field of radio modules and IQD was our first choice for frequency products,” explains Alexander Gerfer, CTO of the Würth Elektronik eiSos Group.
The ISO 9001, TS16949, and AEC-Q200 certified quality standards, and the excellent reputation that the company enjoys throughout the entire sector, were important for acquisition, too.
Paul Fear, former Group Managing Director of IQD, commented “In our eyes, Würth Elektronik eiSos is the ideal partner for us since we’re both on the same wavelength; the customer comes first! Both companies stand for customer service, support and the highest possible quality. Supported by Würth Elektronik eiSos’ global sales strength, IQD will be able to continue its growth whilst at the same time expanding its range of innovative product solutions.”