Spectrum moves in to Turkey with DesTek Elektronik acquisition - Embedded.com

Spectrum moves in to Turkey with DesTek Elektronik acquisition

LONDON — The Spectrum Electronics Group (Bicester, England) has bought Istanbul-based DesTek Elektronik. Founded in 2003, DesTek Elektronik is a design-win focussed, electronic component sales and marketing company whose linecard includes Cypress Semiconductor, Dialight, Diodes, MicroSemi and Teridian.

According to David Thomas, Spectrum’s Regional Director, Southern Europe the DesTek acquisition was an important step forward in Spectrum’s ambition to have a local operation in every technologically important country in Europe. “Turkey represents a very attractive growth market for the Spectrum Group, particularly in consumer electronics, which is one of Spectrum’s key market segments,” said Thomas.

The operation, called Spectrum DesTek, will operate out of the existing offices in Kadiköy, Istanbul. The established team of two senior account managers and two field application engineers will continue to be headed by DesTek founder Ercüment Yagmur.

According to Yagmur, Spectrum DesTek will continue to focus on the tier 1 European consumer and white good manufacturers such as Vestel, Beko and Arcelik, who have major manufacturing operations in Turkey, and on the local OEMs active in the fields of metering, communications and military electronics.

Founded in the U.K. in 1994, Spectrum now has 11 regional offices throughout Europe, and serving customers in 25 countries. It has a staff of 55 and represents some 28 manufacturers of advanced technology electronic components.

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