Buy Combines Electronics Industry Data Firms

US company Orbweaver, a provider of data integration, quoting and sales automation solutions for the electronics industry, is acquiring Budde Marketing Systems, specialist in POS data management and channel performance analytics.

Orbweaver, established in 2012, helps electronics industry clients to connect, streamline, and automate critical business processes, with benefits in efficiency and customer responsiveness. Budde, thirty years old this year, helps manufacturers across electronics, electrical and industrial sectors manage and analyze POS and channel performance intelligence through data collection, cleansing and reporting.

The combination promises clients of both firms a more comprehensive, end-to-end intelligence and orchestration platform purpose built specifically for electronic component manufacturers and distributors.

Christopher Ciesielka, CEO and co-founder of Orbweaver states: 'This acquisition represents a natural extension of our mission to simplify and modernize how the electronic industry ecosystem connects, transacts and collaborates together in pursuit of a more efficient and resilient supply chain.' Budde Marketing President Michael Budde, Jr. (pictured) will join the Orbweaver team along with his staff, and adds: 'Budde Marketing has always believed that clean, high-quality data is the foundation for meaningful business insights. By marrying our existing services, experience and knowledge with the automation and real-time capabilities of the Orbweaver DataHub platform, we will be able to build the features and benefits our customers have been requesting, and including capabilities I view as critical to the electronics industry, such as real time reporting.'

Web sites are at www.orbweaver.com and www.buddemarketing.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.