Paragon Innovations is Acquired by TTI’s Exponential Technology Group
Summary
DALLAS--(BUSINESS WIRE)--Paragon Innovations, a privately held Engineering Design Services firm based in Richardson, Texas was acquired by TTI’s Exponential Technology Group (XTG), a leading specialty distributor of electronic components. “After more than three decades of success and growth, we join Exponential Technology Group at TTI to complement their services and serve a broader clientele,” said Mike Wilkinson. “We look forward to this new venture and becoming part of the team.” Commenting on the announcement, Knight said, “The Paragon team significantly expands the strength and capabilities of the design services offering within the Exponential Technology Group at TTI. The firm has a remarkable reputation and customer base that has been crafted over the course of thirty years of helping OEM’s big and small bring innovative new products to market. Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services.