We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Microsemi Declares Arrow Electronics to be Lead Distributor
Read MoreHide Full Article
Microsemi Corporation on Wednesday declared Arrow Electronics, Inc. (ARW - Free Report) as its leading global distributor, thus further deepening its 40-year old relationship with Arrow.
Arrow will now help the semiconductor giant to further strengthen its position in its served markets that encompass aerospace and defense, data center, communications and industrial markets.
Given the long-standing relationship between the two companies, it goes without saying that both know each other’s strengths and ways to capitalize on them. It appears that Microsemi has decided to leverage Arrow’s global sales, marketing, technical and logistical expertise in global markets. Arrow, on the other hand, looks to strengthen its go-to-market strategy, which it believes perfectly complements Microsemi’s comprehensive product portfolio.
"Arrow is uniquely positioned to accelerate Microsemi's growth in our target markets and we value our deep ties as we embark on this exciting next phase," said Rick Goerner, executive vice president of corporate marketing and worldwide sales for Microsemi.
Microsemi’s semiconductors are used in communications, defense and security, data center, aerospace and industrial markets. Its large portfolio of products include FPGAs, ASICs, SoCs, timing and synchronization devices and precise time solutions, power management products, RF solutions, discrete components, voice processing devices, enterprise storage and communication solutions, Ethernet solutions, Power-over-Ethernet ICs and midspans, security technologies and scalable anti-tamper products and custom design capabilities and services.
Arrow Electronics offers products, services and solutions to enterprise, computing and electronic components markets. The company is a supply channel partner for more than 100,000 OEMs, contract manufacturers and commercial customers. It operates across more than 460 locations and serves over 85 countries.
Currently, Microsemi carries a Zacks Rank #4 (Sell).
Some better-ranked stocks include Microchip Technology Inc. (MCHP - Free Report) and Silicon Laboratories Inc. (SLAB - Free Report) , each sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Microsemi Declares Arrow Electronics to be Lead Distributor
Microsemi Corporation on Wednesday declared Arrow Electronics, Inc. (ARW - Free Report) as its leading global distributor, thus further deepening its 40-year old relationship with Arrow.
Arrow will now help the semiconductor giant to further strengthen its position in its served markets that encompass aerospace and defense, data center, communications and industrial markets.
Given the long-standing relationship between the two companies, it goes without saying that both know each other’s strengths and ways to capitalize on them. It appears that Microsemi has decided to leverage Arrow’s global sales, marketing, technical and logistical expertise in global markets. Arrow, on the other hand, looks to strengthen its go-to-market strategy, which it believes perfectly complements Microsemi’s comprehensive product portfolio.
"Arrow is uniquely positioned to accelerate Microsemi's growth in our target markets and we value our deep ties as we embark on this exciting next phase," said Rick Goerner, executive vice president of corporate marketing and worldwide sales for Microsemi.
Microsemi’s semiconductors are used in communications, defense and security, data center, aerospace and industrial markets. Its large portfolio of products include FPGAs, ASICs, SoCs, timing and synchronization devices and precise time solutions, power management products, RF solutions, discrete components, voice processing devices, enterprise storage and communication solutions, Ethernet solutions, Power-over-Ethernet ICs and midspans, security technologies and scalable anti-tamper products and custom design capabilities and services.
Arrow Electronics offers products, services and solutions to enterprise, computing and electronic components markets. The company is a supply channel partner for more than 100,000 OEMs, contract manufacturers and commercial customers. It operates across more than 460 locations and serves over 85 countries.
Currently, Microsemi carries a Zacks Rank #4 (Sell).
Some better-ranked stocks include Microchip Technology Inc. (MCHP - Free Report) and Silicon Laboratories Inc. (SLAB - Free Report) , each sporting a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>