Exar Corporation and Arrow Electronics Sign European Distribution Agreement

FREMONT, Calif., July 20 /PRNewswire-FirstCall/ -- Exar Corporation (Nasdaq: EXAR) announced it has signed a pan-European distribution agreement with Arrow Electronics, a leading worldwide distributor of electronic components and solutions.  

Arrow Electronics will distribute Exar's entire product portfolio consisting of solutions from the Datacom and Storage, Power, Communications, and Interface product lines. Arrow Electronics will support a wide range of Exar's products, such as transceivers and UARTs; a variety of power management ICs, including boost and buck regulators, charge pumps, LED drivers, LDO regulators, and programmable power solutions. In addition to power and interface products, Arrow will distribute communications products supporting SDH, PDH, and OTN data transmission speeds for the networking equipment infrastructure, as well as Datacom and Storage semiconductors and board-level systems including applied service processors, express cards and 10G Ethernet cards.  

"We are delighted that our European customers will now benefit from Exar's world-class product portfolio," said Massimo Dall'Occo, vice president of marketing and engineering for Arrow's Embedded and Design Solutions in Europe, Middle East and Africa. "The broad and value-rich products fit into our strategy to provide total solutions across all industry segments."

Known for its broad-based product line, and customer service, Arrow offers customers the most innovative products and latest technologies for their new design projects.

"Exar is excited to be working with Arrow in Europe," said Bentley Long, vice president, Worldwide Sales, Exar Corporation.  "Arrow has a large customer base in Europe and an excellent reputation for its high-quality technical support which is fundamental to our global expansion strategy. We look forward to working closely with Arrow in EMEA not only to drive success in increasing our combined businesses, but also to establish new customers and a deeper level of collaboration with them on current and future designs. We are confident that Arrow will tremendously strengthen our position in these growing markets."

About Exar

Exar Corporation delivers highly differentiated silicon, software and subsystem solutions for data communication, storage, consumer and industrial applications. For nearly 40 years, Exar's comprehensive knowledge of end-user markets along with the underlying analog, mixed signal and digital technology has enabled innovative solutions that meet the needs of the evolving connected world. Exar's product portfolio includes power management and interface components, communications products, storage optimization solutions, network security and applied service processors. Exar has locations worldwide providing real-time customer support to drive rapid product development. For more information about Exar, visit: www.exar.com.

SOURCE Exar Corporation