London,
05
February
2018
|
12:30
Europe/Amsterdam

Premier Farnell and IDT Announce New Global Franchise

New Global Distribution Partnership Will Deliver Industry-Leading Products to Premier Farnell customers

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Premier Farnell, the Development Distributor, together with Integrated Device Technology, Inc. (IDT) (NASDAQ: IDTI) today announced a partnership agreement for the worldwide distribution of IDT’s market-leading RF, high-performance timing, memory interface, real-time interconnect, optical interconnect, wireless power and sensing solutions through all of the Premier Farnell companies. Premier Farnell operates as Farnell element14 in Europe, Newark element14 in North America and element14 in APAC.

Premier Farnell is a global technology leader with over 80 years’ experience in the high service distribution of technology products and solutions for electronic system design, production, maintenance and repair.

“This agreement with Premier Farnell and Farnell element14 in Europe is an example of IDT continuing to expand its product portfolio and extend its customer reach into broader markets while complementing its existing communications, automotive, industrial and consumer customer base,” said Chris Allexandre, senior vice president global sales and marketing at IDT. “Premier Farnell’s experience in the high technology service distribution business, broad customer base and award-winning element14 engineering community makes them an ideal partner and we are excited to leverage their leadership position to accelerate IDT’s new customer acquisition and growth in the broader market.”

Simon Meadmore, Global Head of Semiconductors for Premier Farnell added: “As the Development Distributor we seek to provide our customers with access to supplier ranges that enable them to get their products to market quickly. The addition of IDT ‘s market leading ranges from high-performance and full-featured radio frequency (RF) products through to serial switching devices and memory interface devices adds tremendous value and increased choice for our customers.”

This new relationship between IDT and Premier Farnell builds upon a 30 year+ relationship with Premier Farnell’s parent company Avnet.

To find the right IDT device for your design today visit Farnell element14 in Europe, Newark element14 in North America and element14 in Apac.

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Farnell Global is a fast and reliable distributor of products and technology for electronic and industrial system design, maintenance and repair.  From research and design through prototype to production, Farnell helps its customers access the products and services they need 24/7.  With more than 80 years of experience, 47 localised websites, and a dedicated team of over 3,500 employees, Farnell provides every component its customers need to build the technology of tomorrow.

Farnell Global trades as Farnell in Europe, Newark in North America, and element14 in Asia Pacific.  It also sells direct to consumers through its CPC business in the UK.

Farnell Global has been part of the established global technology distributor, Avnet (Nasdaq: AVT), since 2016. Today, this relationship allows the company to support its customers at every stage of the product life cycle, offering a truly unique distribution model, as well as expertise in end-to-end delivery and product design.

For more information, visit http://www.farnell.com/