Wyle Laboratories Alters Its Name
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IRVINE — Wyle Laboratories, which sold its aerospace and defense testing operation last month, said Friday it has changed its name to Wyle Electronics to reflect the business that it continues to operate.
Wyle has become a large national distributor of electronics, a business that accounted for about 90% of revenue before the sale of the aerospace-defense unit. The company decided to focus its growth on electronics distribution.
The Wyle Laboratories name will still be used for the division that the company sold to a management buy-out group led by William E. Simon & Sons.
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