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> MEMS BUSINESS/MARKET
Feb 7th, 2011
Arrow Electronics signs global distribution agreement with SiTime for MEMS-based silicon timing solutions
Arrow Electronics, Inc. (NYSE: ARW) has signed a global distribution agreement with SiTime Corporation, a leader in MEMS-based silicon timing solutions.
Under the agreement, Arrow will distribute SiTime’s complete portfolio of MEMS-based oscillators and clock generators to customers in the Americas, Europe, Middle East, Africa and Asia-Pacific regions. “Arrow brings best-in-class engineering and support infrastructure, successful execution and global reach to the multibillion dollar timing industry,” said Rajesh Vashist, chief executive officer of SiTime. “Every qualified customer engagement at SiTime has resulted in replacing quartz products with our MEMS-based silicon timing solutions. We look forward to accelerating the deployment of our solutions to customers worldwide, with Arrow’s strength in new design demand creation, global supply chain and value-added programming services.” “Timing products are the heartbeat of today’s electronic systems and are crucial to their performance and reliability,” said Jeff Eastman, senior vice president of global supplier marketing and asset management for Arrow Electronics. “SiTime’s products offer precise programmability - a unique differentiator which enables Arrow to have products in stock, deliver them within short lead times, and configured to the customer’s specifications. SiTime is a solid addition to our linecard and we look forward to a productive relationship.” About Arrow Electronics About SiTime Sources :
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