- The American company Electro Rent, a specialist in electronic measurement and test solutions and services, acquired its British competitor Microlease in 2016.
- Electro Rent announces that it has completed the consolidation of Microlease’s European operations, as well as Livingston and Electro Rent in Europe.
- All three companies will now operate under the name Electro Rent as part of the international operations of Electro Rent Corporation.
Unified under the Electro Rent banner, the company has a portfolio of electronic test and measurement equipment worth approximately $1.2 billion. Its offering includes instruments from some 300 brands such as Keithley, Keysight Technologies, Rohde & Schwarz, and Tektronix. Electro Rent believes that it is the only supplier with such an electronic test instrument offering in Europe.
“Electro Rent will be able to provide brand-independent solutions and unrivalled availability with rapid delivery of a wide range of equipment anywhere in the world,” said Peter Collingwood, Managing Director Europe (photo). “Combined with a wide range of procurement options, flexible financing offers and asset optimization solutions, we are best placed to help our customers get the most out of their testing investments. »
Since the beginning of the integration of its activities, Electro Rent reports having significantly invested in emerging and growing technologies, including a $10 million investment in 2019 for the development of 5G.
“Our dedicated test and technology solutions eliminate the uncertainty of test programs by providing guaranteed access to the best equipment and financing options at all times, allowing engineers to focus on what they do best,” said Peter Collingwood.