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Avnet Electronics Marketing Americas And Power-One Celebrate 25th Anniversary

Stocks in this article: AVT

In 1988, the Hubble Space Telescope went into operation to explore deep space and Guns N' Roses hit it huge with “Sweet Child O’ Mine.” It was also the year of “Rain Man,” “Coming to America” and “Die Hard.” Another big hit that year was the distribution agreement between Power-One, Inc., and Avnet Electronics Marketing Americas, a business region of Avnet, Inc. (NYSE: AVT), a partnership that has provided a meaningful advantage to engineers, with leading-edge, energy-efficient power conversion and power management solutions all over the globe.

Click to Tweet: #Avnet celebrates 25-year partnership with @power_one

Since its inception 40 years ago, Power-One has made its way among the top power supply manufacturers in the industry. Power-One has revolutionized power conversion through the introduction of digital power; and embraced the Climate Saver Initiative with the introduction of platinum-level efficiency front ends for the datacom market. Fifteen years after its launch, Power-One and Avnet joined forces, building a relationship like none other.

“Avnet has spearheaded the charge in our industry toward the adoption of green, alternative and smart energy technologies through our collaboration with the best of the best – and that’s Power-One,” said Ed Smith, president, Avnet Electronics Marketing Americas. “Power-One is a leader in their field. Their products, along with Avnet’s global footprint and technical expertise, support our customers as they choose the best solutions to fit their own unique design needs and get to market faster – while making great strides toward environment-friendly energy.”

Steve Hogge, Power Solutions president, said, “With over 40 years of power conversion expertise under our belt, it’s critical that we join forces with business partners that can deliver top-notch services and products to our customers. The 25-year relationship with Avnet has allowed for just that. Our collaboration has provided engineers around the globe with advanced design solutions, enabling us to live a more green and efficient lifestyle.”

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