June 23, 2018 11:06 AM ET


Company Overview of New Age Electronics, Inc.

Company Overview

New Age Electronics, Inc. distributes and markets consumer electronics, and gaming products and services to retailers, smaller independent stores, and online retail businesses in the United States. The company offers a range of consumer electronics, home automation products, small home appliances, speaker systems, mobile wireless speakers, gaming products and accessories, software, and high-tech toys. It also provides bundling, merchandising, forecast management, supply chain, freight consolidation, warehousing, 3PL/logistics/reverse logistics, electronic software download, extended assortment and warranty, remanufacturing/refurbishing/end of life, and concierge support services. The company...

21950 Arnold Center Road

Suite 100

Carson, CA 90810

United States

Founded in 1988





Key Executives for New Age Electronics, Inc.

Co-Founder, Chairman and Chief Executive Officer
Co-Founder and Chief Operating Officer
Chief Financial Officer and Vice President of Remanufacturing
Director of Purchasing
Compensation as of Fiscal Year 2017.

New Age Electronics, Inc. Key Developments

New Age Electronics Signs Agreement with DJI

New Age Electronics, a division of SYNNEX Corporation announced that it has signed an agreement with DJI to distribute its product line to the US retail and commercial channels. The agreement expands New Age Electronics' drone offerings with a top-selling drone company and brings exciting new options to current and potential customers. The DJI product line brings new perspectives to help users accomplish feats safer, faster and with greater efficiency than before. In the retail space, consumers can utilize DJI drones for education, recreational activities, photography, and filmmaking. The commercial sector includes applications for professional filmmaking, construction, agriculture, conservation, search and rescue, energy infrastructure and more. DJI platforms empower users to capture images that were once out of reach through its camera stabilization systems that redefine camera placement and motion.

New Age Electronics Expands Home Appliance Offering through Agreement with RAYCOP

New Age Electronics announced that it has signed an agreement with RAYCOP to distribute its top-selling allergen vacuums to the North American retail channel. The agreement expands New Age Electronics' home appliance offering and makes the RAYCOP RS2 and RAYCOP LITE products available to its network of retail customers. In Canada, RAYCOP is available through SYNNEX Canada Limited's consumer electronics group. In addition, the agreement has applications in the commercial channel in areas such as hospitality in both the US and Canada.

New Age Electronics Teams with Littlebits to Deliver Interactive Educational Products to US Retailers and Educators

New Age Electronics announced that it has signed an agreement with littleBits(TM), to distribute its portfolio to the US retail and education channels. The agreement includes a variety of littleBits products for the home and classroom that drive excitement for invention-based learning and help children unleash creativity, while embracing STEM/STEAM (Science, Technology, Engineering, Art and Mathematics) and preparing them for the jobs. In addition to littleBits being available to US retailers and educators though the company, IT resellers can take advantage of the new offering through the company's parent company. The agreement allows SYNNEX K-12 education resellers who are seeking to advance their portfolio of devices, networking infrastructure and security products, to provide customers with new opportunities to promote STEM and STEAM-based learning through littleBits. SYNNEX also offers additional products focused on STEM and STEAM for K-12 and Higher Education, with many of these being supported by current federal grants and funding sources.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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