discoverIE Group plc is an international designer and manufacturer of specialised electronic components for industrial use. It is listed on the
London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pa ...
and is a constituent of the
FTSE 250 Index
The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...
.
History
The company was established as a supplier of electronic components known as Acal plc by businessman, John Curry, in 1986. Acquisitions have included BFI Optilas, a distributor of electronic and photonic components, for £12.6 million in October 2009 and Myrra Group, a manufacturer of magnetic electronic products, for £11.3 million in April 2013. Subsequent acquisitions included Trafo Holding AS, a Norwegian manufacturer of electromagnetic products, for £73.5 million in July 2014 and Foss As Fiberoptisk Systemsalg, a fibre optics business, for approximately NOK 140 million in January 2015.
The company changed its name from Acal to discoverIE Group (short for ''discover Innovative Electronics'') in November 2017.
In August 2023, it was announced discoverIE Group had completed the acquisition of the
Newport, UK-based
power-over-ethernet module manufacturer and designer, Silver Telecom Ltd for £21 million.
In September 2023, it was announced discoverIE Group had acquired the
Bardejov
Bardejov (; hu, Bártfa, german: Bartfeld, rue, Бардеёв, uk, Бардіїв) is a town in North-Eastern Slovakia. It is situated in the Šariš region on a floodplain terrace of the Topľa River, in the hills of the Beskyd Mountains. ...
-headquartered
antenna
Antenna ( antennas or antennae) may refer to:
Science and engineering
* Antenna (radio), also known as an aerial, a transducer designed to transmit or receive electromagnetic (e.g., TV or radio) waves
* Antennae Galaxies, the name of two collid ...
manufacturer, 2J Antennas Group for £45.0 million.
References
External links
Official site{{FTSE 250 Index constituents
Companies listed on the London Stock Exchange
Companies based in Guildford
Companies established in 1986