Vicor Corporation (NASDAQ: VICR) announced the expansion of their Europe, Middle East and Africa relationship with Arrow Electronics, Inc. (NYSE: ARW) to a global distribution agreement.
Vicor designs, develops and manufactures modular power components and systems for the power systems market, which Arrow will now offer globally under the expanded agreement.
“We are looking forward to working closely with Arrow to offer highly differentiated modular power solutions to their extensive customer base,” said Rich Begen, Vicor’s vice president of global distribution and channel strategy.
“This agreement comes at a time when many of our customers are asking for smaller and more efficient solutions for their power-delivery networks that are changing to meet ever-increasing system power demands,” said David West, senior vice president of global marketing and engineering at Arrow.
The global franchise agreement is effective on September 15, 2020.
For more information, visit www.vicorpower.com