Avnet Electronics Marketing Named Wi2Wiís Exclusive Global Distributor
PHOENIX -- Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), and Wi2Wi, Inc., a leading provider of OEM communications products, have expanded their distribution agreement that was announced in December. Under the new pact, Avnet has become Wi2Wiís only global distributor and its sole distributor in the Americas, Australia, New Zealand and India.
Wi2Wi offers a full portfolio of low-cost modules and System-in-Package (SiP) products that make adding additional wireless capabilities to products easy and cost-effective. Together, Avnet and Wi2Wi will reduce time-to-market by offering these integrated technologies and fulfillment capabilities to customers on a worldwide basis.
ďThe addition of Avnet in North America added significantly to our overall revenue growth,Ē stated Reza Ahy, Wi2Wi CEO. ďWe are confident that expanding this relationship to a global one will accelerate our continued growth while solidifying our presence as a worldwide wireless solutions company. Avnetís impressive global management and supply chain operations will also strengthen our ability to support designs as they migrate to offshore locations which will add considerable value to our current customersí operations.Ē
ďWi2Wiís extensive portfolio of wireless module technology offers customers a very versatile and cost-effective way to incorporate wireless technology into their design applications,Ē said Ravi Kichloo, senior vice president of global semiconductor business development for Avnet Electronics Marketing. ďAvnet is honored to continue growing our relationship with Wi2Wi and expanding our semiconductor and supply chain offerings for both companies on a global basis.Ē
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