AeA and ITAA Announce Merger8 Dec, 2008
Merger aims to advocate technology issues and increase presence in Washington.
The technology trade association AeA (formerly the American Electronics Association) and the Information Technology Association of America (ITAA) announced today they have approved the merger of the two trade associations' memberships and programs.
The combined associations will become the Technology Association of America. According to the announcement, the merger, which will close by the end of the year, will give rise to a stronger voice for the technology industry by bringing together the largest number of tech companies throughout the United States.
"For all of its impact on everyday life, the technology industry has had insufficient clout in Washington and the state capitals -- until now," said ITAA chairman Hank Steininger, a managing partner at Grant Thornton. "Together, our associations will become the clear leader, continuing a chain of consolidation that ITAA began in January."
The new organization, representing approximately 2,000 member companies, will advocate on technology issues in state capitals across the country and provide programs in every industry center.
"With the onset of a new year, we are faced with many obstacles and opportunities," said AeA chairman Peter J. Boni, president and CEO of Safeguard Scientifics. "The consolidation of these two great associations offers the technology industry a strong voice on Capitol Hill and extends the new administration a united partner to foster innovation and address the challenges ahead."