Avnet,
Inc. (NYSE: AVT),
a leading global technology distributor, today announced a distribution
agreement with SiTime
Corporation, a MEMS and analog semiconductor company and wholly
owned subsidiary of MegaChips
Corporation (Tokyo Stock Exchange: 6875). Effective immediately,
Avnet will offer SiTime’s MEMS oscillators in the Americas and Asia,
excluding Japan.
SiTime offers MEMS-based silicon timing solutions that can replace
legacy quartz products, providing greater performance, programmability,
simplified board layout and reduced cost. SiTime’s product line includes
60 base product families and over 200,000 individual parts. In 2016,
SiTime’s SiT8021
µPower MEMS oscillator was an Electronic Products magazine Product
of the Year award winner.
“Timing devices are an essential driving force for all digital
electronic systems, and the innovations SiTime has introduced, like the
SiT8021, provide the size, power and reliability characteristics that
are so crucial for next-generation wireless solutions, including IoT
devices, wearables and other mobile applications,” said Lynn Torrel,
senior vice president, semiconductor business development, worldwide,
Avnet Electronics Marketing. “Expanding our portfolio with SiTime’s
pioneering MEMS-based solutions extends our ability to support customers
in the development of industry-leading IoT devices and systems.”
“SiTime and Avnet are well aligned to drive and fulfill the rapidly
increasing demand for SiTime’s timing products. Avnet offers extensive
market coverage, world class supply chain services and excellent
design-in capabilities that will accelerate the adoption of MEMS
timing,” said Mark Lunsford, executive vice president of sales, SiTime.
“We believe SiTime’s leading timing solutions offer tremendous benefits
to Avnet’s expansive base customers.”
For more information on SiTime products available through Avnet, please
click
here.
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About SiTime
SiTime Corporation, a MEMS analog semiconductor company and a wholly
owned subsidiary of MegaChips Corporation (Tokyo Stock Exchange: 6875),
offers MEMS-based silicon timing solutions that replace legacy quartz
products. SiTime’s configurable solutions enable customers to
differentiate their products with higher performance, smallest size,
lowest power and best reliability. The rich feature set and flexibility
of SiTime’s solutions allow customers to consolidate their supply-chain,
reducing cost of ownership and time to market. By using standard
semiconductor processes and high volume packaging, SiTime offers the
best availability and shortest lead times in the industry. With 90%
market share and over 450 million devices shipped, SiTime is driving the
electronics industry to use 100% silicon-based timing. www.sitime.com.
About Avnet, Inc.
From components to cloud and design to disposal, Avnet, Inc. (NYSE:AVT)
accelerates the success of customers who build, sell and use technology
globally by providing them with a comprehensive portfolio of innovative
products, services and solutions. Avnet is a Fortune 500 company with
revenues of $27.9 billion for the fiscal year 2015. For more
information, visit www.avnet.com.
Avnet Electronics Marketing
Sean Fanning, 480-643-7824
Senior VP, Marketing and Communications
Sean.Fanning@avnet.com