Vicor Corporation Announces Global Distribution Agreement with Avnet
February 22 2023 - 9:00AM
Vicor Corporation (NASDAQ: VICR) today announced its distribution
agreement with Avnet (NASDAQ: AVT), a global distributor of
electronic components and services.
The agreement expands access to Vicor’s power modules through
Avnet’s world-class design and supply chain, enabling global
customers to achieve world-changing innovation with higher system
performance and greater scalability.
“This is a great opportunity for Vicor to partner with a global
leader aligned with Vicor’s target markets,” said David Krakauer,
VP Industrial Business Unit and Corporate Marketing. “Working
with Avnet will better position Vicor to bring our highly
differentiated modular power solutions to customers who wish to
unleash the power of their own innovations.”
“In today’s markets, businesses need to innovate to stay ahead
of the competition,” said Peggy Carrieres Global Vice President
Supplier Development for Avnet. “This agreement comes at a time
when many of our customers are looking for opportunities to
separate themselves from the pack. They are struggling to fit more
power in increasingly smaller spaces, and they are searching for
power-dense and highly efficient solutions. Vicor power modules
will deliver a quality solution for our customers.”
The global franchise agreement is effective immediately.
Customers in the EMEA region (Europe, Middle East & Africa)
will have access to the Vicor product portfolio via Avnet’s
European business unit, Avnet Abacus, one of the leading
interconnect, passive, electro-mechanical and power
distributors.
About Vicor Corporation
Vicor is the leader in high-performance power modules, enabling
customer innovation with easy-to-deploy modular power system
solutions for power delivery networks that provide the highest
density and efficiency from source to point-of-load. We
continuously advance the density, efficiency and power delivery
capabilities of our power modules by staying on the forefront of
distribution architectures, conversion topologies and packaging
technology. Vicor serves customers in high-performance computing,
industrial equipment, automotive and aerospace and defense
markets.
Vicor is a registered trademark of Vicor Corporation.
About Avnet
As a leading global technology distributor and solutions
provider, Avnet has served customers’ evolving needs for an entire
century. We support customers at each stage of a product’s
lifecycle, from idea to design and from prototype to production.
Our unique position at the center of the technology value chain
enables us to accelerate the design and supply stages of product
development so customers can realize revenue faster. Decade after
decade, Avnet helps its customers and suppliers around the world
realize the transformative possibilities of technology. Learn more
about Avnet at avnet.com.
Media contacts:
Vicor Steve GerminoVicor Corporation978
749-8243sgermino@vicr.com
AvnetJeanne
Forbis480-643-7499Jeanne.forbis@avnet.com
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