THIEF RIVER FALLS, Minnesota, USA - June 1, 2006
Digi-Key Corporation and Analog Devices, Inc. (NYSE: ADI) announced today the expansion of the companies’ current franchise agreement to include Europe. Digi-Key will now offer the full portfolio of ADI’s high performance analog, mixed-signal and digital signal processing (DSP) ICs to designers working in applications that, among others, include automotive, consumer, communications, industrial, instrumentation, medical and factory automation.
One of the world’s fastest growing distributors of electronic components, Digi-Key currently ships product to more than 130 countries around the world and specializes in assisting the design community with component sourcing. Analog Devices, Inc. (ADI) is a global leader in high-performance semiconductors for signal-processing applications.
“With European design engineers representing one of Digi-Key’s fastest growing markets, we are thrilled to expand our franchise agreement with Analog Devices to include Europe and ultimately have the opportunity to bring its cutting edge products to the hundreds of engineers we serve on a daily basis,” said Mark Larson, Digi-Key’s president and COO.
Vincent Roche, ADI’s worldwide vice president of sales added, “Digi-Key has demonstrated excellent performance and service with our North American franchise, and we are pleased to extend the franchise and bring its supply capabilities to our European customers.”
About Digi-Key Corporation
Digi-Key Corporation, based in Thief River Falls, Minn., is a global, full-service provider of both prototype/design and production quantities of electronic components, offering more than three million products from over 650 quality name-brand manufacturers. With over one million products in stock and an impressive selection of online resources, Digi-Key is committed to stocking the broadest range of electronic components in the industry and providing the best service possible to its customers. Additional information and access to Digi-Key's broad product offering is available on the Digi-Key website.
About Analog Devices
Innovation, performance, and excellence are the cultural pillars on which Analog Devices has built one of the longest standing, highest growth companies within the technology sector. Acknowledged industry-wide as the world leader in data conversion and signal conditioning technology, Analog Devices serves over 60,000 customers, representing virtually all types of electronic equipment. Celebrating 40 years as a leading global manufacturer of high-performance integrated circuits used in analog and digital signal processing applications, Analog Devices is headquartered in Norwood, Massachusetts, with design and manufacturing facilities throughout the world. Analog Devices' common stock is listed on the New York Stock Exchange under the ticker “ADI” and is included in the S&P 500 Index.