Skip to main content

Market Overview

CUI Global, Inc.'s Wholly-Owned Subsidiary, CUI Inc, Signs Global Distribution Agreement with Mouser Electronics

Share:

CUI Global, Inc. (NASDAQ: CUI),
a platform company dedicated to the acquisition, development, and
commercialization of new, innovative products and technologies, today
announced that its wholly-owned subsidiary, CUI Inc, has entered into a global
distribution agreement and partnership with Mouser Electronics, Inc, the
global authorized distributor with the newest semiconductors and electronic
components.

The CUI product line, now available from Mouser Electronics, is comprised of
two major product groups: Power and Components. Offering highly efficient
power supply solutions from the wall to the point of load, CUI's power
products include their Novum^® Advanced Power line, AC/DC power supplies, and
DC/DC converters. The Novum Advanced Power segment is comprised of
intermediate bus and digital point of load converters, while their AC/DC line
includes external, internal, DIN-rail and LED driver solutions ranging from 1
W to 800 W. Their general purpose DC/DC converter line includes isolated,
non-isolated, LED and IGBT drivers ranging from 1 W to 600 W. To complement
their power product line, CUI will also offer through Mouser Electronics a
portfolio of world-class board-level components consisting of buzzers,
connectors, encoders, microphones, speakers and thermal management solutions.

"Mouser's corporate culture, core strengths and way of doing business aligns
very well with CUI," said Matt McKenzie, President of CUI. "Having this
nucleus between the two companies, while leveraging Mouser's expertise in
technology, product introduction, e-commerce and distribution, will only help
us achieve our goal in growing our global market reach even faster."

In keeping with Mouser's commitment to its customers, CUI continually invests
in programs and technologies that save engineers valuable time during the
design and development process.

"CUI's world-class line of power supplies and board-level components are a
great complement to our existing product portfolio for our customers," said
Barry McConnell, Mouser's Senior Vice President, Products. "Their continuous
strive toward innovation and helping to conquer design challenges with their
leading-edge solutions is sure to benefit our engineering communities
worldwide."

As explained by CUI Global's president & CEO, William Clough, "The creation of
this new distribution relationship by Matt and the CUI Team once again
illustrates the value of our electronics portfolio and management's commitment
to expand our market share and enhance shareholder value by partnering with
industry icons like Mouser."

 

Related Articles (CUI)

View Comments and Join the Discussion!

Posted-In: News Contracts Press Releases

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com