Ted Deinard is the CEO of ARC Group WorldWide Inc’s (ARCW) ARC Wireless, LLC. He says his segment of the business has been acquisitive in the past, and plans to grow in that manner.
“We have made acquisitions and announced several of them,” Deinard says. “And where they make sense, we are certainly going to continue to look at that.”
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In addition, Deinard says ARC Wireless will also grow organically through new product launches. He says the company’s small size makes growth attainable.
“Every new product we come out with brings significant growth. When you start from a smaller base than some of our competitors, like we have at the moment, every new product gives us many new opportunities and many more connections and many opportunities for growth,” Deinard says. “New products, new customers, potentially new partners are all feeding into our growth strategy.”
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