CUI Global, Inc. (NASDAQ: CUI) announced today that its wholly-owned subsidiary, CUI Inc. (CUI) has signed a worldwide distribution agreement with Arrow Electronics, Inc., a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. In partnering with the digital team at Arrow Electronics, CUI will be able to utilize www.arrow.com and Arrow's established network to reach its diverse and expanding global customer base.
Arrow will distribute over 1000 CUI SKUs across a number of electromechanical technologies. CUI's power portfolio ranges from 1 W to 12,000 W and offers a variety of ac‑dc power supplies and dc-dc converters from the front-end to the point-of-load. Complementing its power product line is a diverse range of proven electromechanical devices consisting of audio, interconnect, motion control and thermal management products. Under the agreement, Arrow Electronics has already started a phased rollout of CUI products with stock available immediately for many items at www.arrow.com.
"We are very excited to announce our partnership with Arrow Electronics," said CUI's President, Matt McKenzie. "We believe Arrow and their innovative approach to business is an ideal fit for CUI. It is this forward-thinking mindset coupled with Arrow's commitment to supporting the engineer from the design phase to production that aligns well with our goals to ensure our customers' projects are a success from start to finish," McKenzie concluded.
Added William Clough, president and CEO of CUI Global, Inc., "With the addition of Arrow, we now count four of the industry's top electronics distributors as CUI partners. Given our product mix and our commitment to bringing leading-edge technologies to market, this new partnership enables us to expand our customer reach and drive growth in this division."
To learn more about CUI, visit https://www.arrow.com/en/manufacturers/cui-inc
About CUI Global, Inc.
Delivering Innovative Technologies for an Interconnected World . . . . .
CUI Global, Inc., is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT2 platform targeting the energy sector, to CUI Inc.'s digital power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
For more information please visit www.cuiglobal.com.