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ANALOG DEVICES AND EBV ELEKTRONIK SIGN DISTRIBUTION FRANCHISE AGREEMENT(ENP Newswire Via Acquire Media NewsEdge) ENP Newswire - 23 September 2014 Release date- 22092014 - Munich/Poing - EBV Elektronik, an Avnet company (NYSE: AVT) and a leading specialist in EMEA semiconductor distribution, and Analog Devices, Inc. (NASDAQ: ADI), a global leader in high-performance semiconductors for signal processing applications, signed a distribution franchise agreement for the EMEA region, except Russia, Ukraine and Israel, effective November 3, 2014. Both companies are renowned for their solutions and applications orientation. EBV Elektronik will represent ADI's complete product portfolio, including data converters, amplifiers, DSPs, MEMs, power management ICs, and an extended linear and RF/microwave portfolio. EBV Elektronik's existing line card is complementary to ADI's products and solutions, and will respond to the most demanding customer requirements. The two companies have an overlapping strategic focus on market segments such as industrial, automotive, energy, RF & wireless. Together, ADI and EBV will meet customers' expectations for high performance products and technical support. In addition, engineer-to-engineer training and technical exchanges are already underway to ensure customers get excellent design support. 'We welcome the opportunity to benefit from EBV Elektronik's dynamism and entrepreneurship. This will take us to a new base of customers in the region' said Carsten Suckrow, Vice President, Sales, EMEA. 'We are not simply opening a channel that takes orders, but rather engaging with highly qualified go-to-market experts whose clear directive will be new demand creation and growth.' 'Signing the EBV Elektronik agreement doesn't change how we assess or manage our overall distribution network in Europe nor globally. And ADI remains committed to our longstanding relationships with our existing channel partners. At the same time, we are convinced this agreement will enhance access to ADI's product portfolio and deliver on our promise of optimal customer satisfaction,'Suckrow added. 'We are proud to be able to offer the Analog Devices brand, enhancing our portfolio by integrating products from a recognized innovator and leader', said Slobodan Puljarevic, President and CEO of EBV Elektronik. 'Adding a strategic franchise like ADI to our line card is great for EBV and our customers as well as positive for all suppliers in the long run. EBV will become an even more attractive partner for our customers which will generate more opportunities for our existing franchises. We see this as a win-win-win situation. Analog Devices secures access to the strong sales and FAE teams at EBV; we, at EBV, are thrilled to be able to offer such world leading technology solutions and our customers will be able to enjoy the result of this very promising product, know-how and service combination. Analog Devices and EBV, two leaders, are now working together: for me that's the perfect fit,' Puljarevic concludes. 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. 230 Technical Sales Specialists provide a strong focus on a selected group of long-term manufacturing partners. 110 continuously trained Application Specialists offer extensive application know-how and design expertise. With the EBVchips Program, EBV, together with its customers, defines and develops new semiconductor products. Targeted customers in selected growth markets will be supported by the Vertical Sales Segments. 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 61 offices in 28 countries throughout EMEA (Europe - Middle East - Africa). For more information about EBV Elektronik, please visit www.ebv.com. Follow EBV on Facebook, LinkedIn, Twitter and YouTube. Further information about Avnet Inc. is available via www.avnet.com About Analog Devices Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices is included in the S&P 500 Index. Editor's Contact Information: Pascal Cerruti +33 (0)1 69 93 97 07 [email protected] (c) 2014 Electronic News Publishing - |