Digi-Key Agreement with Tyco Electronics Expanded to Worldwide Franchise

(Business News & Technology News, 13 Nov 2008)

Digi-Key Corp. has expanded its current franchise agreement with Tyco Electronics to a global authorization. Tyco Electronics is one of the world's largest supplier of passive electronic components, which includes connectors and interconnection systems, relays, switches, circuit protection devices, touch screens, sensors and wire and cable. These products are used primarily in the automotive, computer, consumer electronics, communication equipment, appliance, aerospace and defense, industrial machinery and instrumentation markets.

"We are very pleased to expand to this global distribution agreement with Tyco Electronics. Tyco Electronics' reputation and history of bringing innovative products to the market is the perfect fit for the hundreds of thousands of design engineers we serve worldwide," says Mark Larson, Digi-Key President and COO. "Digi-Key's service advantage coupled with Tyco Electronics' technology advantage can do nothing but create a winning situation for a wide range of customers seeking to deliver new products to the market faster or improve the performance of existing products. This worldwide authorization will allow us to offer Tyco Electronics' leading edge products to our fastest growing markets in Europe and Asia."

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