Exponential Technology Group Acquires Australian Tech Company Braemac » Dallas Innovates

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Exponential Technology Group announced that it has agreed to acquire Braemac Pty Ltd., an Australia-based specialist in product design, development, testing and supply of semiconductors, systems and electronic components.

“We welcome the Braemac team to the XTG family of companies,” said Glenn Smith, acting president of Exponential Technology Group, in a statement.

“Braemac brings an experienced management team and a business model that fits well with XTG’s vision of helping engineers solve technical problems and has the experience and expertise to design customers’ smart products from the ground up and then manage the product inventory. Through The materials and supply chain of production,” Smith said.

Smith is the longtime President and CEO of Mansfield-based Mouser Electronics (parent company of XTG).

The Exponential Technology Group was created to provide customers with professional semiconductor supply chain options shaped by the ethics and hard work they have become accustomed to from TTI and its subsidiaries. XTG adds TTI, Mouser Electronics and Sager Electronics to the TTI family.

Part of the Berkshire Hathaway family of companies

Exponential Technology Group, an independent member of the Mouser and TTI family of companies, is a collection of companies focused on designing products and supplying semiconductors and electronic components that enable intelligent electronic systems in the automotive, medical, wireless, industrial and Internet of Things, the company said.

A subsidiary of TTI Inc., Mouser and XTG are part of the Berkshire Hathaway family of companies run by billionaire Warren Buffett.

Mouser, an authorized worldwide distributor of semiconductors and electronic components, is considered a global leader in introducing new products, offering the broadest selection of stocked products for new designs.

“The Exponential Technology Group is an excellent fit for Braemac. Companies within XTG maintain their own areas of expertise and focus while collaborating within the group to deliver new technology solutions globally,” Braemac President Jonathan Mitchell said in a statement.

Headquartered in Sydney, Australia, with 17 offices worldwide, Braemac provides support from design to product realization, driving innovation with industry-leading semiconductor and electronic component partners, providing extensive design and supply chain management expertise.