Avnet Embedded Signs Distribution Agreement for the Americas with Embedded Motherboard Supplier MiTAC Computing Technology Corp.
To alleviate market pressure due to diminishing industry support for desktop motherboards, Avnet Embedded, a division of Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT) today announced a new distribution agreement with MiTAC Computing Technology Corp (MiTAC Computing Technology), a subsidiary of MiTAC Holdings Corp. (TWSE:3706), a global design and manufacturer of cloud database and computing equipment. Avnet Embedded can now offer its Americas’ customers in industries including industrial, energy, security and surveillance, gaming, kiosk, military/aerospace, education, healthcare/medical innovative new applications within the IoT space with alternative boards from MiTAC Computing Technology that mirror the connectivity and capabilities of devices being transitioned out of production.
“When suppliers exit a key market, like embedded motherboards, it can cause significant disruptions in customers’ manufacturing and development supply chains,” said John Salemme, vice president and general manager of Avnet Embedded. “This agreement with MiTAC Computing Technology allows Avnet to smooth the transition for motherboard customers by offering boards that are designed and manufactured as drop-in replacements for many of the devices being transitioned out of production. In addition, MiTAC Computing Technology’s comprehensive range of cloud services and cloud computing products and client computing devices are a great fit for our customers seeking to engage more broadly in the IoT space.”
MiTAC Computing Technology’s product line includes next-generation embedded motherboards, including all-in-one and thin-client computing devices, as well as standard, mobile and radiant point-of-sale solutions.
“Within an ever changing embedded and cloud technology market, MiTAC Computing Technology users will reap the benefits of this agreement,” said Michael Lin, president of MiTAC Computing Technology. “This relationship enhances and leverages long histories and strengths of both companies: Avnet in design chain, supply chain and value-added global distribution and MiTAC Computing Technology in design engineering development, global manufacturing and assembly services.”
For more information, visit Avnet’s Embedded Solutions web page at http://bit.ly/1uwAAZj.
About MiTAC Computing Technology
MiTAC Computing Technology Corporation, a subsidiary of MiTAC Holdings Corporation (TWSE: 3706) was spun off from the cloud computing business group of MiTAC International Corp., and was established on September 1, 2014. MiTAC Computing Technology is the business segment whose core is cloud database and computing equipment. Aside from more than twenty years of ODM industry experience in corporate products such as servers and storage, it has over twenty years of customization capability with the TYAN brand in this industry and strong business relationships with channel operators and system integration providers. In the future, aside from maintaining MiTAC’s edge in cloud computing, MiTAC Computing Technology will provide the next generation of solutions in public cloud, private cloud, and hybrid cloud equipment to the mass market and customers in a more refined manner so as to increase the group’s industry market share and improve business performance and profit. Website: www.mitac.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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