Newsroom

Avnet Extends Samtec Franchise to Include Asia

Broadens global customer access and support to interconnect products

Category:

Tuesday, December 18, 2018 8:00 am MST

Dateline:

PHOENIX & NEW ALBANY, Ind.

Public Company Information:

NASDAQ:
AVT

.@Avnet and @SamtecInc ‏extend global franchise agreement to offer customers in Asia, as well as across the world, the interconnect solutions they need to take their ideas to market. #ReachFurther #Interconnects

PHOENIX & NEW ALBANY, Ind.--(BUSINESS WIRE)--Building on their existing partnership, Avnet (Nasdaq: AVT), a leading global technology solutions provider, and Samtec, a privately held global manufacturer of a broad line of electronic interconnect solutions, today announced an extension of their distribution agreement. Avnet customers in Asia Pacific and Japan now have access to Samtec’s full product portfolio. Combined with the existing franchise in the Americas, Europe, and select Asia Pacific locations, this global agreement underscores the importance of supporting customers wherever they design and build new technology products.

“In today’s design anywhere, build anywhere world, the ability to extend our line card for our global customers is critical to helping them take their ideas from design to prototype to production,” said Vince Arena, director global supplier management, Avnet. “During a partnership that has grown steadily for almost 30 years, Samtec recognizes the importance of Avnet’s end-to-end product development ecosystem and the benefits it provides to our customers. This global franchise will further offer our customers in Asia and across the world the interconnect solutions they need to take their ideas to market.”

Samtec, the service leader in the electronic interconnect industry, puts people first with a commitment to exceptional service, quality products, innovative technologies and convenient design tools. From standard cataloged products to unique high-performance designs, Samtec’s solution blocks are designed to support any interconnectivity need, regardless of application, performance requirements or environment.

“Samtec and Avnet have a rich legacy of solving the unique interconnect challenges our customers face,” said Scott Lamb, director of global distribution, Samtec. “Our expanded relationship in Asia and our combined technical and supply chain solutions shorten development time from prototype to production.”

For more information on Samtec products available through Avnet, please visit https://www.avnet.com/shop/us/m/samtec/.

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About Samtec, Inc.

Founded in 1976, Samtec is a privately held, $800MM global manufacturer of a broad line of electronic interconnect solutions, including High-Speed Board-to-Board, High-Speed Cables, Mid-Board and Panel Optics, Precision RF, Flexible Stacking, and Micro/Rugged components and cables. With 40 locations in 18 different countries, Samtec’s global presence enables its unmatched customer service. For more information, please visit http://www.samtec.com.

About Avnet

Avnet is a global technology solutions provider with an extensive ecosystem delivering design, product, marketing and supply chain expertise for customers at every stage of the product lifecycle. We transform ideas into intelligent solutions, reducing the time, cost and complexities of bringing products to market. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at www.avnet.com.

Contact:

Maureen O’Leary
Avnet
maureen.oleary@avnet.com
480-643-7499

Jamie Ernst
Brodeur Partners for Avnet
jernst@brodeur.com
480-308-0286

Matthew Burns
Samtec
matthew.burns@samtec.com
812-944-6733