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AVT Avnet Inc

49.41
0.77 (1.58%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Avnet Inc NASDAQ:AVT NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.77 1.58% 49.41 45.07 51.22 49.915 48.715 49.50 746,177 01:00:00

Avnet Boosts Intelligent Lighting Portfolio with MOONS’ Franchise in the Americas

15/06/2017 4:00pm

Business Wire


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Deal also extends access to MOONS’ diverse line of high-accuracy, power-optimized motors

Avnet (NYSE: AVT), a leading global technology distributor, and MOONS’ Industries America, Inc., a leading motor and LED driver manufacturer, today announced the signing of an expanded franchise agreement, extending Avnet’s comprehensive supply chain optimization and technical support for MOONS’ line of motion control and intelligent LED lighting control products from EMEA to the Americas. Effective immediately, Avnet will offer MOONS’ advanced portfolio of LED drivers, motors and linear actuators to customers across the Americas and EMEA developing solutions for smart lighting, smart cities, horticulture, industrial machinery, medical devices and power electronics.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170615005264/en/

Avnet IoT Greenhouse model featuring MOONS' LED drivers on display at 2017 LIGHTFAIR® International show. (Photo: Business Wire)

MOONS’ Industries America, Inc. is the U.S. arm of Shanghai-based MOONS' Electric Co. Ltd., a multi-national supplier of motion control and intelligent lighting products. Avnet recently showcased several intelligent LED driver solutions from MOONS’ in smart lighting concept designs, including the IoT Smart Greenhouse, at the 2017 LIGHTFAIR® International trade show.

“Innovative technologies from MOONS’, such as the LED power supply designed specifically for high-value horticulture, are helping to drive the disruptive benefits of IoT across a diverse range of industries,” said Alex Iuorio, senior vice president, supplier development, Avnet. “We look forward to working with MOONS’ to open up these many opportunities to our mutual customers.”

“MOONS’ and Avnet are well aligned to support the market requirement to integrate the controller/driver design with motor technology selection, as well as LED driver product integration,” said Andy Sklierenko, sales director MOONS’ Industries America, Inc. “Avnet offers strong market coverage in both these areas with world-class, established supply chain services and excellent design-in capabilities that will accelerate the adoption of new designs in the motion and LED control applications supplied by MOONS’.”

For more information on MOONS’ solutions available through Avnet, please click here.

Click to Tweet: MOONS’ landing. @Avnet extends @moonsindustries #LED, motion control, motor technology franchise in the Americas http://bit.ly/1ll33LR

Follow Avnet on Twitter: @AvnetConnect with Avnet on LinkedIn: http://www.linkedin.com/company/avnetConnect with Avnet on Facebook: http://www.facebook.com/AvnetInc

All brands and trade names are trademarks or registered trademarks, and are the properties of their respective owners. Avnet disclaims any proprietary interest in marks other than its own.

About MOONS’

MOONS’ is a leading manufacturer of motion control products, LED intelligent lighting control systems and LED drivers. For more than 20 years, we have used internationally proven scientific management tools along with professional applied technologies. MOONS’ provides a wide range of products and solutions for many industries, from factory automation components and intelligent LED drivers, to intelligent management for large industrial equipment and the control actuator in automotive and telecommunication devices. Headquartered in Shanghai, MOONS’ has nine branch offices throughout China including: Beijing, Guangzhou, Shenzhen. MOONS’ began developing its overseas market in 2000 by setting up sales and service networks in the Americas, Europe, Southeast Asia and Japan. By acquisition, we set up two R&D and manufacturing bases. With over 2,500 employees, MOONS’ constituted a multi-national company integrating the R&D, production, sales and service of precision electronics parts.

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 www.avnet.com.

AvnetMaureen O’Leary, 480-643-7499maureen.oleary@avnet.comorBrodeur PartnersJamie Ernst, 480-308-0286jernst@brodeur.comorMOONS’Andy Sklierenko, 630-833-5940Andy.Sklierenko@moonsindustries.com

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