Avnet Electronics Marketing Celebrates 50 Year Anniversary with Vishay Intertechnology

Business Wire

PHOENIX--(BUSINESS WIRE)--

In 1963, the Rolling Stones played their very first gig together, Beatlemania kicked off, and Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), entered into its first agreement to distribute products for Vishay Intertechnology, Inc. (VSH). Over the next 50 years, as the companies continued to work together, Vishay, a then-small startup company, would grow to become a discrete semiconductor and passive electronic component megastar whose products can be used in virtually every type of electronic product today.

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A mere year after Dr. Felix Zandman founded Vishay in 1962, Avnet and Vishay inked a distributor agreement that was instrumental in bringing Dr. Zandman’s PhotoStress® coatings and instruments to the market. Originally representing Vishay’s Bulk Metal® foil resistors, which were ultra-precise components based on the entirely new technology invented and patented by Zandman, Avnet was a key ally in helping Vishay products become pervasive throughout the electronic product landscape. In 2010, Vishay Intertechnology spun off its resistive foil technology, precision sensors, and sensor-based systems businesses into a new, publicly traded company called Vishay Precision Group (VPG).

Vishay Intertechnology has grown its product portfolio through acquisitions including such top names in discrete electronic components as Dale, Sfernice, Draloric, Sprague, Vitramon, Siliconix, General Semiconductor, BCcomponents, and Beyschlag. With each acquisition, Avnet continued to grow its Vishay line card. Today, Vishay Intertechnology’s portfolio of brands represents an unmatched collection of discrete semiconductors, optoelectronics, integrated modules, and passive components that are customer favorites in the Avnet offering.

“Over the past five decades, the relationship between Vishay and Avnet has enabled our customers to create innovation in virtually all types of electronics devices,” said Harley Feldberg, president of Avnet Electronics Marketing worldwide. “We’ve grown together through a period of extreme technological change. As technology continues to evolve, our relationship will continue to support that innovation, hopefully for another 50 years.”

“The excellent global relationship we have shared for the past 50 years provides a meaningful advantage for both Vishay and Avnet and gives our customers leading-edge, innovative components linked to excellent service solutions,” stated Vishay’s David Valletta, executive vice president of worldwide sales.

To view the entire Vishay product line from Avnet, see http://www.avnetexpress.com.

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About Avnet Electronics Marketing

Avnet Electronics Marketing is an operating group of Phoenix-based Avnet, Inc. that serves electronic original equipment manufacturers (EOEMs) and electronic manufacturing services (EMS) providers in more than 70 countries, distributing electronic components from leading manufacturers and providing associated design-chain and supply-chain services. The group's website is located at www.em.avnet.com.

About Avnet, Inc.

Avnet, Inc. (AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of $25.7 billion. For more information, visit www.avnet.com.

About Vishay Intertechnology

Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (VSH), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies, and medical markets. Vishay’s product innovations, successful acquisition strategy, and "one-stop shop" service have made it a global industry leader. Vishay can be found on the Internet at www.vishay.com.

Contact:
Avnet Electronics Marketing
Heidi Elliott, 480-643-7584
Senior Director, Marketing Communications
Heidi.Elliott@avnet.com
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