Taylor Wessing advises Arrow Electronics, Inc. on the acquisition of iQmine GmbH

Taylor Wessing, under the lead of Munich based partner Dr Philip Cavaillès, has advised Arrow Electronics, Inc. (NYSE:ARW) on the acquisition of iQmine GmbH.

Arrow Electronics, a global provider of technology solutions, and its engineering services company, eInfochips, have acquired iQmine GmbH for the expansion of its Automotive Centre of Excellence (CoE) with new development centres in Munich and Istanbul to better assist customers in the development of next-gen automotive products.

Innovators face hurdles in adopting connected, autonomous and hybrid software technologies, as some lack in-house engineering talent with the relevant skills. Arrow’s Automotive CoE addresses the opportunities and helps resolve the challenges associated with these technologies in the automotive industry.

Arrow’s acquisition of iQmine, a leading engineering services provider for the automotive and transportation industry, further bolsters the CoE’s capabilities. Headquartered in Munich, Germany, with another development centre in Istanbul, Türkiye, iQmine helps automotive OEMs and Tier-1 companies accelerate product development, including its deep expertise in AUTOSAR (Automotive Open System Architecture), ECU (electronic control unit) software development, functional safety and vehicle diagnostics.

About Arrow Electronics

Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets.

About eInfochips

eInfochips, an Arrow Electronics company, is a leading provider of digital transformation and product engineering services. With 500-plus products developed and 40 million deployments in 140 countries, eInfochips fuels technological innovations in multiple verticals. eInfochips accelerates time to market for its customers with its expertise in the areas of cloud, IoT, AI/ML, digital twins, hyper automation, and cybersecurity.

Legal Advisors of Arrow Electronics:

Taylor Wessing: Dr Philip Cavaillès (Lead Partner), Fritz Krings (Senior Associate), Johannes Philipp Tapken (Associate), Dr Daniel Schrembs (Salary Partner, Corporate), Dr Rebekka Krause (Salary Partner, Corporate), Dr Oliver Rothley (Partner) (all Munich, Corporate/M&A), Dr Klara Pototzky (Salary Partner), Annika Rahn (Associate) (both Munich, Employment & Pensions), Dr Michael Kieffer (Partner, Munich), Vanessa Komm (Associate, Frankfurt) (both Commercial), Dr Tim Jonathan Schwarz, Dr Verena Ahmann (both Salary Partner, Munich, IP/ IT/ Data Protection), Rudi Hasenberg (Salary Partner, Frankfurt, Tax), Dr Michael Brüggemann (Partner, Dusseldorf), Dr Stefan Horn, LL.B. (Salary Partner, Hamburg), Lena Rindsfus (Associate, Hamburg) (all Competition, EU & Trade).

Hergüner Bilgen Üçer advised on Turkish law matters.