SAN JOSE, CALIFORNIA--(Marketwired - Nov. 14, 2016) - Integrated Device Technology, Inc. (IDT) (NASDAQ:IDTI) announced today that it has signed a global franchise agreement with Future Electronics. Under the agreement, Montreal-based Future Electronics becomes IDT's newest distributor of products through its offices in 44 countries spanning the globe.
"Future Electronics is a global leader in electronics distribution, with the technical expertise to demonstrate the value IDT's system solutions brings to a wide range of advanced applications," said Jennifer Bleakney, vice president of sales distribution and channel marketing at IDT. "We are confident the Future Electronics team will be an effective advocate for IDT's leading technology."
"IDT has an extremely strong and broad portfolio of products in exciting growth markets, such as computing, communications, automotive and consumer," said Matthew Rotholz corporate vice president, Product Marketing, Future Electronics. "Our team of experts will work closely with our customers to demonstrate the value IDT parts bring to design engineers working on today's toughest challenges in electronics."
"The addition of IDT to our line card is highly complementary to our already strong Networking Processors and FPGA offering and supports our solutions approach to supporting our customers' design requirements," added Todd Baker, corporate vice president, Engineering, Future Electronics.
About Future Electronics
Future Electronics is a global leader in electronics distribution, ranking 3rd in component sales worldwide, with an impressive reputation for developing efficient, and comprehensive global supply chain solutions. Founded in 1968 by Robert Miller, President, Future Electronics has established itself as one of the most innovative organizations in the industry today, with 5,000 employees in 169 offices in 44 countries around the world. Future Electronics is globally integrated, with one worldwide IT infrastructure providing real-time inventory availability and access, while enabling full integration of its operations, sales and marketing worldwide. Offering the highest level of service, the most advanced engineering capabilities and technical solutions through all stages of the design-production cycle, and the largest available-to-sell inventory in the world, Future's mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.
Integrated Device Technology, Inc. develops system-level solutions that optimize its customers' applications. IDT's market-leading products in RF, timing, wireless power transfer, serial switching, interfaces and sensing solutions are among the company's broad array of complete mixed-signal solutions for the communications, computing, consumer, automotive and industrial segments. Headquartered in San Jose, Calif., IDT has design, manufacturing, sales facilities and distribution partners throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol "IDTI." Additional information about IDT is accessible at www.IDT.com. Follow IDT on Facebook, LinkedIn, Twitter, YouTube and Google+.
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