Arrow Electronics Inks Global Franchise Agreement for Cypress Semiconductor’s Newly Acquired IoT Portfolio
July 07 2016 - 10:15AM
Business Wire
Arrow Electronics, Inc. (NYSE:ARW) will distribute Cypress
Semiconductor’s newly acquired Internet of Things (IoT) portfolio,
comprised of state-of-the-art Wi-Fi, Bluetooth and ZigBee RF
technologies capable of connecting nearly every emerging product
category in the IoT ecosystem—including home appliances, health and
fitness monitors, automation and asset tracking systems, smart
meters and an array of consumer electronics devices.
“We look forward to leveraging Arrow’s technical, marketing,
sales and logistics expertise to enhance Cypress’ already-sizeable
footprint in the fast-growing IoT market,” said Kamal Haddad,
senior director of worldwide distribution sales at Cypress. “Our
expanded relationship with Arrow will help us reach new customers
and verticals that are driving exciting new connected technologies
forward.”
In addition to distributing Cypress’ new portfolio of advanced,
ultra-low-power wireless communication technologies, Arrow will
also help Cypress grow its newly acquired Wireless Internet
Connectivity for Embedded Devices (WICED™) brand, which supports
the development of IoT devices from conception to production by
providing forums, development kits and other information for
customers, partners, programmers and other interested parties.
“Cypress’ IoT product portfolio and WICED offering align
perfectly to Arrow’s go-to-market strategy—allowing us to bring the
most comprehensive IoT technology ecosystem in components and
digital technologies to a diverse set of customers around the
world,” said Aiden Mitchell, global vice president of IoT sales at
Arrow.
Arrow is helping customers in the industrial, retail,
life-sciences and smart-cities sectors develop and bring seamless,
comprehensive IoT solutions to market. Arrow’s sensor-to-sunset
full IoT-product-lifecycle capabilities—called eVolve—draw on the
company’s core strengths in sensor and component distribution,
enterprise computing and system integration. For startups and
makers, Arrow’s broad IoT offerings include services specifically
designed to help them advance from idea to product, quickly and
cost-effectively.
For more information on Cypress Semiconductor products available
through Arrow, please visit Arrow.com.
About Arrow Electronics
Arrow Electronics is a global provider of products, services and
solutions to industrial and commercial users of electronic
components and enterprise computing solutions. Arrow serves as a
supply channel partner for more than 100,000 original equipment
manufacturers, contract manufacturers and commercial customers
through a global network of more than 460 locations serving over 85
countries. Learn more at www.arrow.com.
About Cypress
Founded in 1982, Cypress is the leader in advanced embedded
system solutions for the world’s most innovative automotive,
industrial, home automation and appliances, consumer electronics
and medical products. Cypress’ programmable systems-on-chip,
general-purpose microcontrollers, analog ICs, wireless and
USB-based connectivity solutions and reliable, high-performance
memories help engineers design differentiated products and get them
to market first. Cypress is committed to providing customers with
the best support and engineering resources on the planet enabling
innovators and out-of-the-box thinkers to disrupt markets and
create new product categories in record time. To learn more, go to
www.cypress.com.
Cypress and the Cypress logo are registered trademarks and WICED
is a trademark of Cypress Semiconductor Corp. All other trademarks
are property of their owners.
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version on businesswire.com: http://www.businesswire.com/news/home/20160707005699/en/
Arrow Electronics, Inc.Meghan Macdonald,
303-824-4589mmacdonald@arrow.com
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