Press Releases

May 22, 2017

Avnet Named Exclusive Global Distributor for Silego Technology


Strategic engagement will accelerate adoption of groundbreaking Configurable Mixed-signal IC technology.

PHOENIX and SANTA CLARA, CA – May 22, 2017 – Avnet (NYSE: AVT), a leading global technology distributor, and Silego Technology today announced a new exclusive global distribution channel agreement. Effective immediately, Avnet will be Silego’s only global distributor and will serve as Silego’s sole demand creation distributor in the Americas and Europe. Avnet will also bolster Silego’s current regional distributor network in Japan, Korea, Taiwan and China.

Silego pioneered the development of Configurable Mixed-signal ICs (CMICs), using non-volatile memory to configure and integrate analog, digital logic and power functions enabling design engineers to reduce power, cost, size and time to market. Since the introduction of the CMIC technology, Silego has developed five generations of CMIC silicon and design tools and over 2.7 billion units have been sold.

“The phenomenal demand for devices like smartphones, tablets, wearables and IoT-enabled solutions have compounded designers’ long-standing mandate for ‘smaller, faster, cheaper,’” said Lynn Torrel, senior vice president, semiconductor business development, worldwide for Avnet. “Silego’s unique CMIC GreenPAK platform and Integrated Power Switch (IPS) portfolio, provide designers with new levels of configurability, power and performance that can significantly accelerate and optimize the development of truly differentiated devices and systems. We appreciate the trust Silego has demonstrated in Avnet with this exclusive agreement and are looking forward to a long and prosperous collaboration.”

“Silego not only created the world’s first family of configurable mixed-signal ICs, but also enabled a paradigm shift for designers,” said John Teegen, chief executive officer, Silego. “This global and exclusive agreement enables us to leverage Avnet’s formidable field application engineering and prototyping resources to bring these benefits to many more customers.”

Commenting on the new agreement, Semico Research Principal Analyst for ASIC and SoC Rich Wawrzyniak, who had previously described Silego as “one of the best kept secrets in Silicon Valley” remarked, “A global partnership with Avnet will certainly take away any secrecy about Silego and will provide the many benefits of configurable mixed-signal ICs to the market at large.”

Click to Tweet: @Avnet named exclusive global distributor for @SilegoTech: deal expands access to innovative space- and cost-saving configurable mixed-signal IC technology http://bit.ly/1ll33LR.

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About Silego – The CMIC Company

Silego Technology is a fabless semiconductor company pioneering Configurable Mixed-signal Integrated Circuits, or CMICs. Silego’s CMICs integrate analog, digital logic, and power functions while eliminating passive and discrete components. Silego CMICs enable designers to cost-effectively bring their hardware products to market faster, with lower power and with greater design flexibility. Silego’s scalable CMIC platform is comprised of its configurable ICs, its proprietary design software, and its development kits. Over 2.7 billion CMICs have been sold. Silego Technology is headquartered in Santa Clara, CA. For more information, visit http://www.silego.com.

About Avnet

From idea to design and from prototype to production, Avnet supports customers at each stage of a product’s lifecycle. A comprehensive portfolio of design and supply chain services makes Avnet the go-to guide for innovators who set the pace for technological change. For nearly a century, Avnet has helped its customers and suppliers around the world realize the transformative possibilities of technology. Learn more about Avnet at http://www.avnet.com.

Media contacts:
Maureen O’Leary
Avnet
Maureen.OLeary@avnet.com
480-643-7499

Victoria Sereda
Silego Technology
vitay@silego.com
408-327-8800

© 2017 Silego Technology. 1515 Wyatt Drive, Santa Clara, CA 95054.
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