Avnet Memec and Luminary Micro Sign Distribution Agreement

PHOENIX -- Avnet Memec, a specialty semiconductor division of Avnet Electronics Marketing – an operating group of Avnet, Inc. (NYSE: AVT) – and Luminary Micro, Inc. have inked a distribution franchise agreement. Luminary Micro’s industry-leading 32-bit Stellaris® ARM® Cortex™-M3-based microcontrollers are now available from Avnet in North America and selected regions in Europe.

Luminary Micro offers a broad line of mixed-signal microcontrollers with specialized capabilities for energy, security and connectivity market applications. Luminary Micro products provide unique Internet Protocol (IP) for motion control applications, real-time connectivity, intelligent analog functionality and power conservation.

“Avnet Memec is a well-established global electronics distributor. They bring a wealth of engineering capability, demand creation and fulfillment expertise, and deep local market knowledge. We look forward to a productive, long-term relationship with Avnet Memec,” said Arline Nieder, vice president of sales for Luminary Micro.

As the first company to introduce Cortex-M3-based microcontrollers to the market, Luminary Micro provides a cost-effective way for designers to upgrade system architectures by utilizing 32-bit performance for the same price as an 8- or 16-bit microcontroller.

“This technology offers customers a tremendous cost and time saving alternative when designing with embedded microcontrollers,” said Phil Sansone, senior vice president of Avnet Memec. “Luminary Micro is a great addition to the Avnet Memec line card – offering the world’s largest selection of ARM-based microcontrollers, allowing for standardization that eliminates future architectural upgrades or software tools changes. Together with the Stellaris family’s superior performance, this translates to a significantly faster time to market for our customers.”