EBV Elektronik and IDT Sign Distribution Agreement for the EMEA Region
Poing, Munich and San Jose, Calif., July 2, 2012 – EBV Elektronik, an Avnet Company (NYSE: AVT) and the leading specialist of semiconductor distribution in EMEA, and Integrated Device Technology (IDT®) (NASDAQ: IDTI) today announced a distribution agreement to promote and deliver products to customers within the EMEA region.
IDT is the Analog and Digital Company™ delivering essential mixed-signal semiconductor solutions. IDT designs, develops, manufactures and markets a broad range of low-power, high-performance mixed signal semiconductor solutions for the advanced communications, computing and consumer industries. IDT holds No. 1 positions in timing, serial switching and memory interfaces, offering a product portfolio that features a fusion of analog and system expertise as well as traditional digital competencies.
“We are looking forward to partnering with an electronics brand as respected as IDT,” said Slobodan Puljarevic, president and ceo of EBV Elektronik. “The IDT portfolio of frequency control products, high-performance timing, communications and power management solutions helps us broaden our technology offering for our customers across EMEA”.
“IDT is pleased to have a strategic relationship with EBV as a distribution partner in EMEA,” said Pietro Polidori, vice president and managing director of IDT EMEA. “We will work together to keep expanding demand creation and market share growth while providing high-performance solutions and world-class support to our customers, ensuring they achieve efficiency in their product designs and time-to-market.”
Integrated Device Technology, Inc., the Analog and Digital Company™, develops system-level solutions that optimize its customers’ applications. IDT uses its market leadership in timing, serial switching and interfaces, and adds analog and system expertise to provide complete application-optimized, mixed-signal solutions for the communications, computing and consumer segments. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI.” Additional information about IDT is accessible at www.IDT.com. Follow IDT on Facebook, LinkedIn, Twitter, and YouTube.
About EBV Elektronik
EBV Elektronik, an Avnet (NYSE: AVT) company, was founded in 1969 and is the leading specialist in European semiconductor distribution. EBV maintains its successful strategy of personal commitment to customers and excellent services. 250 Technical Sales Specialists provide a strong focus on a selected group of long-term manufacturing partners. 120 continuously trained Application Specialists offer extensive application know-how and design expertise. Warehouse operations, complete logistics solutions and value-added services such as programming, taping & reeling and laser marking are fulfilled by Avnet Logistics, EBV’s logistical backbone and Europe’s largest service centre. EBV operates from 60 offices in 28 countries throughout EMEA (Europe – Middle East – Africa). For more information about EBV Elektronik, please visit www.ebv.com.