Avnet Electronics Marketing Americas Celebrates 30-Year Anniversary with Micron Technology
1985 was a pivotal year for the memory market in the Americas. Seven of the nation’s leading semiconductor makers exited the DRAM business due to a drastic decline in prices for memory, leaving just a handful of competitors, including the relatively young Micron Technology, Inc. (NASDAQ: MU). That same year, the stalwart Micron signed a distribution agreement with Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT). Today, Avnet and Micron, a leading provider of advanced memory solutions, are celebrating the 30th anniversary of that agreement.
“Memory is a foundational element of electronic devices for applications ranging from the Internet of Things (IoT) and mobile/smartphones to data centers, smart cars and more,” said Ed Smith, president, Avnet Electronics Marketing Americas. “Through the years, Avnet Electronics Marketing America and Micron have collaborated to provide customers with not only top-quality products and solution support, but a high-value sourcing experience that is efficient, reliable and cost effective.”
Avnet and Micron also work cooperatively to train engineers on design techniques to leverage next-generation memory technologies through programs like Avnet’s 2014/15 X-fest global technical seminar series.
“For more than 35 years, Micron has delivered state-of-the-art memory products by designing, developing, and manufacturing some of the world’s most advanced technologies. Over the last 30 years we’ve partnered with Avnet, helping our customers to innovate and win. We are very proud of our long-standing relationship with Avnet,” said Lorenzo Ponzanelli, Senior Director of Sales, Worldwide Distribution at Micron Technology. “Micron continues to collaborate with chipset vendors and valued distributors like Avnet to create innovative solutions for our customers.”
To view the entire line of Micron Technology products and solutions offered by Avnet, visit http://www.em.avnet.com.
About Micron Technology, Inc.
Micron Technology, Inc. is a global leader in advanced semiconductor systems. Micron’s broad portfolio of high-performance memory technologies—including DRAM, NAND and NOR Flash—is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of technology leadership, Micron’s memory solutions enable the world’s most innovative computing, consumer, enterprise storage, networking, mobile, embedded, and automotive applications. Micron’s common stock is traded on the NASDAQ under the MU symbol. To learn more about Micron Technology, Inc., visit www.micron.com.
About Avnet Electronics Marketing
Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 80 countries, distributing electronic components and embedded systems from leading manufacturers and providing associated design-chain, supply-chain and value-added integration services. The group’s website is located at www.em.avnet.com.
About Avnet, Inc.
Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners’ success by connecting the world’s leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2014, Avnet generated revenue of $27.5 billion. For more information, visit www.avnet.com.
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