PHOENIX & SANTA CLARA, Calif.--(BUSINESS WIRE)--Avnet (NYSE: AVT), a leading global technology distributor, and Silego Technology today announced a new exclusive global distribution channel agreement. Effective immediately, Avnet will be Silego’s only global distributor and will serve as Silego’s sole demand creation distributor in the Americas and Europe. Avnet will also bolster Silego’s current regional distributor network in Japan, Korea, Taiwan and China.
Silego pioneered the development of Configurable Mixed-signal ICs (CMICs), using nonvolatile memory to configure and integrate analog, digital logic and power functions, enabling design engineers to reduce power, cost, size and time to market. Since the introduction of the CMIC technology, Silego has developed five generations of CMIC silicon and design tools and sold over 2.7 billion units.
“The phenomenal demand for devices like smartphones, tablets, wearables and IoT-enabled solutions has compounded designers’ long-standing mandate for ‘smaller, faster, cheaper,’” said Lynn Torrel, senior vice president, semiconductor business development worldwide for Avnet. “Silego’s unique CMIC GreenPAK™ platform and Integrated Power Switch (IPS) portfolio provide designers with new levels of configurability, power and performance that can significantly accelerate and optimize the development of truly differentiated devices and systems. We appreciate the trust Silego has demonstrated in Avnet with this exclusive agreement and are looking forward to a long and prosperous collaboration.”
“Silego not only created the world’s first family of Configurable Mixed-signal ICs, but also enabled a paradigm shift for designers,” said John Teegen, chief executive officer, Silego. “This global and exclusive agreement enables us to leverage Avnet’s formidable field application engineering and prototyping resources to bring these benefits to many more customers.”
Commenting on the new agreement, Semico Research Principal Analyst for ASIC and SoC Rich Wawrzyniak, who had previously described Silego as “one of the best kept secrets in Silicon Valley,” remarked, “A global partnership with Avnet will certainly take away any secrecy about Silego and will provide the many benefits of Configurable Mixed-signal ICs to the market at large.”
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About Silego – The Configurable Mixed-signal Integrated Circuit Company
Silego Technology is a fabless semiconductor company pioneering Configurable Mixed-signal Integrated Circuits, or CMICs. Silego’s CMICs integrate analog, digital logic, and power functions while eliminating passive and discrete components. Silego’s CMICs enable designers to cost-effectively bring their hardware products to market faster, with lower power and with greater design flexibility. Silego’s scalable CMIC platform is comprised of its configurable ICs, its proprietary design software, and its development kits. Over 2.7 billion CMICs have been sold. Silego Technology is headquartered in Santa Clara, Calif. For more information, visit http://www.silego.com.
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.