Vitesse Semiconductor Corporation (NASDAQ: VTSS), a leading provider of advanced IC solutions for Carrier and Enterprise networks, announced that WPI Group, a subsidiary of WPG Holdings, one of the world’s largest semiconductor distributors, will handle distribution of Vitesse’s complete product line in India effective immediately.
Recent GSMA statements projected that India would become the second largest mobile broadband market globally within four years, with over 367 million mobile broadband connections by 2016. In the same time period, the United States is expected to account for 337 million mobile broadband connections, while China is forecasted to be the largest mobile broadband market, with an estimated 639 million mobile broadband connections by 2016.
“The addition of WPI Group to our presence in India amplifies our ability to serve customers in this fast-growing market,” said Phil Richards, vice president of sales at Vitesse. “Carriers in the region recognize that unique technologies, like Vitesse’s IEEE1588v2 VeriTime™ network timing technology, offer an efficient way to deploy new generations of their network systems. We remain strategically committed to enabling the transition to 4G/LTE and cloud computing.”In 2011, Vitesse announced an exclusive relationship with WPG subsidiary, WPG Americas, to distribute Vitesse products in the Americas. WPG is well reputed for their team of highly-technical experts, service and support, as well as their strength in reference design development for varied applications and markets. About Vitesse Vitesse (NASDAQ: VTSS) designs a diverse portfolio of high-performance semiconductor solutions for Carrier and Enterprise networks worldwide. Vitesse products enable the fastest-growing network infrastructure markets including Mobile Access/IP Edge, Cloud Computing and SMB/SME Enterprise Networking. Visit www.vitesse.com or follow us on Twitter @VitesseSemi. Vitesse is a registered trademark and VeriTime is a trademark of Vitesse Semiconductor Corporation in the United States and other jurisdictions. All other trademarks or registered trademarks mentioned herein are the property of their respective holders.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV