Avnet Expands Interconnect and Power Portfolio with New Global Bel Fuse Franchise Agreement
20 April 2017 - 1:51AM
Business Wire
Deal brings product and support to customers in
growth markets including eMobility
Avnet (NYSE: AVT), a leading global technology distributor, and
Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB), a leading global
manufacturer of products that power, protect and connect electronic
circuits, today announced the signing of an expanded franchise
agreement. Avnet now offers Bel’s full line of power products,
circuit protection, magnetics and interconnect solutions globally
to customers in the Americas, Europe and Asia in markets including
networking, telecommunications, computing, military/aerospace and
transportation.
“With our extensive global technical and supply chain resources,
Avnet’s IP&E specialists can streamline global sourcing of
Bel’s diverse product portfolio and help guide our mutual customers
to the solutions that will enable peak performance across both
emerging market applications, as well core datacenter, telecom and
avionics systems,” said Tom McCartney, senior vice president,
global IP&E business development, Avnet.
For 65 years, Bel has been a dependable source of quality power,
protection and interconnect devices for a broad array of
high-technology products. Today Bel is a leader in the development
of innovative solutions essential to next-generation applications
such as multispeed Ethernet connectivity, on-board power and
ruggedized optical transceivers.
“This agreement will enable us to grow our sales reach in
multiple industrial markets throughout the world,” said Dan
Bernstein, president and CEO of Bel Fuse Inc. “Avnet has been a
top-notch distribution partner for Bel for many years, and with
this new agreement, we look forward to not only reaching a greater
array of customers worldwide, but to providing these customers with
the world-class design and supply chain support they need to bring
their products to market more quickly and cost-effectively.”
For more information on the Bel products available through
Avnet, click here.
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About Bel
Bel (belfuse.com) designs, manufactures and markets a broad
array of products that power, protect and connect electronic
circuits. These products are primarily used in the networking,
telecommunications, computing, military and aerospace,
transportation and broadcasting industries. Bel’s product groups
include Magnetic Solutions (integrated connector modules, power
transformers, power inductors and discrete components), Power
Solutions and Protection (front-end, board-mount and industrial
power products, module products and circuit protection), and
Connectivity Solutions (expanded beam fiber optic, copper-based, RF
and RJ connectors and cable assemblies). The Company operates
facilities around the world.
About Avnet
From idea to design and from prototype to production, Avnet
supports customers at each stage of a product’s lifecycle. A
comprehensive portfolio of design and supply chain services makes
Avnet the go-to guide for innovators who set the pace for
technological change. 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20170419006133/en/
AvnetMaureen O’Leary, 480-643-7499Maureen.OLeary@avnet.comorBel
Fuse Inc.Mary Benetti-Condon, 262-748-6184Channel Marketing
ManagerMary.BenettiCondon@cinch.com
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