Future Electronics
Future Electronics Inc. is a distributor of electronic and electro-mechanical components headquartered in Pointe-Claire, Quebec. Future Electronics is one of Quebec's largest privately owned companies and is currently the third largest electronics distributor in the world. It operates in 170 locations in 44 countries in the Americas, Europe, Asia, Africa and Oceania. The company follows a business model that emphasizes zero debt and the willingness to buy and hold inventories, allowing the company to maintain positive relationship with component suppliers. In 2014, its revenues were $5 billion. History 
Future Electronics was founded in November 1968 when Robert Miller left his job in electronics distribution to form a new company. Alongside his business partner, Eli Manis, Miller set up an office in Montreal and began a distribution operation. In 1972, the pair opened an office in Boston, Massachusetts. Miller became the sole owner of the company after he bought Manis out for $500,000 in 1976. By 1988, an office in Huntsville, Alabama had opened its doors, and Future Electronics was a major distributor in the United States. In the decades that followed, Future became a globally recognised distributor of components. It remains privately owned to this day. In February 2023, founder Robert Miller stepped down as chairman and CEO of the company amid allegations that he solicited multiple underage girls for sex, while denying the accusations. On September 14, 2023, it was announced that WT Microelectronics of Taiwan had entered into an agreement to acquire Future Electronics for US$3.8 billion. The transaction is expected to close in the first half of 2024. Leadership history 
Chief Executive Officers of Future include:
 Robert G. Miller (1968–2023)
 Omar Baig (2023–Present)

See also 

 Competitor CDW
 Competitor TD Synnex
 Competitor Arrow Electronics
 Competitor Avnet

References

External links
 

Electronic component distributors
Electronics companies of Canada
Companies based in Pointe-Claire
Business services companies established in 1968
1968 establishments in Quebec
Electronics companies established in 1968
Announced mergers and acquisitions