Warren Buffett acquires Israeli electronics company Ray-Q

Warren Buffett. Credit: Wikimedia Commons.

 (Israel Hayom/Exclusive to JNS.org) Electronic company TTI Inc.—an indirect, wholly owned subsidiary of American billionaire Warren Buffet’s Berkshire Hathaway—on Friday announced its acquisition of Israeli electronics company Ray-Q Interconnect.

Founded in 1969, Ray-Q specializes in electrical and fiber optic interconnects for military, aerospace, medical and other high-reliability product industries.

Posted on October 6, 2013 .