Broadcom Selects Avnet as Exclusive Broadline Distributor in the Americas and EMEA
May 23 2016 - 7:00AM
Business Wire
Avnet, Inc. (NYSE:AVT), a leading global technology distributor,
today announced an expanded, exclusive distribution agreement with
Broadcom Limited (Nasdaq:AVGO). Under the new agreement, Avnet will
serve as the exclusive broadline distributor for Broadcom in the
Americas and EMEA regions. Avnet will also continue its franchise
in Asia.
As part of this agreement, Avnet will have exclusive broadline
distribution rights across the Americas and EMEA regions – giving
customers full access to Broadcom’s broad range of analog and
digital semiconductor connectivity solutions. Broadcom’s product
portfolio primarily serves the wired infrastructure, wireless
communications, enterprise storage and industrial markets.
“As the technology industry continues to globalize, the ability
to serve customers and suppliers wherever they do business is
critical,” said Lynn Torrel, senior vice president, semiconductor
business development, worldwide. “What Avnet can also bring them is
the scale and scope their customers need to get to market faster –
it provides true differentiation.”
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About Avnet, Inc.
From components to cloud and design to disposal, Avnet, Inc.
(NYSE:AVT) accelerates the success of customers who build, sell and
use technology globally by providing them with a comprehensive
portfolio of innovative products, services and solutions. Avnet is
a Fortune 500 company with revenues of $27.9 billion for the fiscal
year 2015. For more information, visit www.avnet.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20160523005386/en/
Avnet Electronics MarketingHeidi Elliott, 480-643-7584Senior
Director, Marketing ProgramsHeidi.Elliott@avnet.com
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