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InvenSense and Avnet Memec form Partnership with Pan-European Distribution Agreement

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InvenSense,
Inc. (NYSE: INVN) and Avnet Memec, an Avnet,
Inc. (NYSE: AVT)
announced the formation of a pan-European value-added distribution
agreement. With the new partnership, Avnet Memec is chartered with sales
and value-added support for InvenSense's MotionTracking devices
throughout Europe and Israel.

“Aligning with InvenSense is very exciting as they have industry-leading
MEMS sensors, and their 6- and 9-axis MotionTracking devices are
particularly compelling and innovative,” said Steve Haynes, President of
Avnet Memec. “Also, their proven products meet the expanding demands of
consumer electronics OEMS, as well as industrial and automotive

See full press release

Posted-In: News Guidance Asset Sales Management Global

 

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