Master Electronics
{{Short description|American electronic components distributor}}
{{Infobox company
| name = Master Electronics
| trade_name =
| logo =
| type = Privately held company
| industry = Electronics distribution
| founded = {{start date|1967||}}
| founder = Ike Nizam
| location_city = Phoenix, Arizona
| area_served = Worldwide
| key_people = {{unbulleted list|Riad Nizam (president and chief operating officer}}
| num_employees = 360+
| location_country = United States
| website = {{URL|Masterelectronics.com}}
}}Master Electronics (originally Master Distributors) is an American company based in Phoenix, Arizona, that distributes electronic components.{{Cite web |last=Kalnoskas |first=Aimee |date=2018-02-27 |title=PODCAST: Jamil Nazim: Master Electronics nurtures a new hotbed of entrepreneurship with Seed River |url=https://www.eeworldonline.com/podcast-jamil-nazim-master-electronics-nurtures-a-new-hotbed-of-entrepreneurship-with-seedriver/ |access-date=2024-05-24 |website=Electrical Engineering News and Products |language=en-US}} The company was founded in 1967 by Ike Nizam. Master is one of the largest electronic component distributors in North America.{{Cite web |date=2022-07-12 |title=Master Electronics Recognized as Top Distributor by Many |url=https://www.businesswire.com/news/home/20220711005972/en/Master-Electronics-Recognized-as-Top-Distributor-by-Many |access-date=2024-05-24 |website=www.businesswire.com |language=en}}{{Cite web |last=AzedNews |first=Team |date=2023-03-31 |title=Maricopa Community Colleges And Master Electronics Announce Education Concierge Partnership – AzedNews |url=https://azednews.com/maricopa-community-colleges-and-master-electronics-announce-education-concierge-partnership/ |access-date=2024-05-24 |language=en-US}}{{Cite news |title=Master Electronics Receives Seven Awards at the 2024 EDS Leadership Summit |url=https://www.businesswire.com/news/home/20240603631323/en/Master-Electronics-Receives-Seven-Awards-at-the-2024-EDS-Leadership-Summit |access-date=2024-06-07 |language=en}}{{Cite web |last= |first= |date=2024-06-09 |title=2024 EDS Leadership Summit - Master Electronics |url=https://www.heraldchronicle.com/news/business/master-electronics-receives-seven-awards-at-the-2024-eds-leadership-summit/article_357f2468-8510-53a7-a5d3-b97a75840e5d.html |access-date=2024-06-11 |website=Herald Chronicle |language=en}} Master Electronics now has over 300 employees with 12 locations worldwide and a stock of over 350,000 unique parts for shipment and over 3 million for sale.{{Cite web |date=2017-04-26 |title=EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics |url=https://epsnews.com/2017/04/26/ebnc-level-talking-to-jamil-nizam-about-the-evolving-identity-of-master-electronics/ |access-date=2024-12-04 |website=EPS News |language=en-US}}
History
The company was founded by Syrian immigrant Ike Nizam in 1967 in Santa Barbara, California, reaching $1,000,000 in annual sales by 1971.{{Cite web |title=Company History – Timeline |url=https://www.masterelectronics.com/en/history-me |access-date=2024-05-24 |website=www.masterelectronics.com}}{{Cite web |date=2017-04-26 |title=EBN@C-Level: Talking to Jamil Nizam about the Evolving Identity of Master Electronics |url=https://epsnews.com/2017/04/26/ebnc-level-talking-to-jamil-nizam-about-the-evolving-identity-of-master-electronics/ |access-date=2024-05-24 |website=EPS News |language=en-US}}{{Cite book |url=https://books.google.com/books?id=0ukdAQAAMAAJ&q=Ike+Nizam |title=California Manufacturers Register |date=2001 |publisher=Times Mirror Press |isbn=978-1-55600-797-2 |language=en}}
In 1999, the company created OnlineComponents as part of an e-commerce strategy.{{Cite web |last=Communications |first=MountainCrest |date=2023-08-29 |title=Neutrik Americas Awards Master Electronics Distributor Partner of the Year |url=https://www.mixonline.com/the-wire/neutrik-americas-awards-master-electronics-distributor-partner-of-the-year |access-date=2024-05-24 |website=Mixonline |language=en-US}}{{Cite web |date=2022-05-25 |title=ECS Inc. Announces Master Electronics as Authorized Distributor |url=https://ecsxtal.com/news-resources/ecs-inc-international-announces-master-electronics-as-a-new-authorized-distributor/ |access-date=2024-05-24 |website=ECS Inc. |language=en-US}}
In 2007, the company expanded its product scope through the purchase of All American Semiconductor.
In 2014, Master Electronics acquired Electro Sonic, growing company holdings.
In 2017, Master Electronics celebrates its 50 year anniversary since its founding.
In January 2019, the company added Advanced Thermal Solutions, a company focused on thermal management of electronics, to its line card.{{Cite web |last=Kalnoskas |first=Aimee |date=2019-01-09 |title=Master Electronics adds Advanced Thermal Solutions to line card |url=https://www.eeworldonline.com/master-electronics-advanced-thermal-solutions/ |access-date=2024-10-16 |website=Electrical Engineering News and Products |language=en-US}}
In August 2023, Neutrik Americas presented Master Electronics with their 2022 Distributor Partner of the Year Award.{{Cite web |date=2023-08-30 |title=Neutrik Americas Names Master Electronics As Distributor Partner Of The Year |url=https://www.prosoundweb.com/neutrik-americas-names-master-electronics-as-distributor-partner-of-the-year/ |access-date=2024-10-30 |website=ProSoundWeb |language=en-US}}
Since its founding the company has undergone four reinvention campaigns.{{Cite web |last=Ojo |first=Bolaji |date=April 2, 2017 |title=Master Electronics Turns 50, Celebrates and Preps for 'Massive' Disruptions |url=https://epsnews.com/2017/04/02/master-electronics-turns-50-celebrates-preps-massive-disruptions/ |access-date=September 23, 2024 |website=EPS News}}