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TMCNet:  PALTEK signs distribution agreement with Microchip

[November 27, 2012]

PALTEK signs distribution agreement with Microchip

Nov 27, 2012 (Datamonitor via COMTEX) -- PALTEK Corp., a provider of semiconductors, development tools and design service to Japanese electronics manufacturers, has signed a distribution agreement with Microchip Technology Inc., a provider of microcontroller, analog and flash-IP solutions.

Under the terms of the agreement, PALTEK will include Microchip's range of product lines as part of its portfolio of solution offerings and promote Microchip solutions across the company's areas of expertise, namely telecommunication, industrial, office automation, consumer, and automotive.

"PALTEK is a synergistic addition to Microchip's distribution network. Its commitment in providing outstanding technical support and strong position in many markets, particularly communication and industrial enables us to extend further value in Japan. This partnership is an important part of Microchip's ongoing efforts to make it easier for our customers to create successful end products," said Joe Krawczyk, vice president of Microchip's Asia Pacific sales.

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