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Cree Expands LED Components Distribution Network with Avnet

Cree, Inc. (Nasdaq: CREE) and Avnet, Inc. (NYSE: AVT), a leading global technology distributor, announced a strategic agreement that expands coverage in the Americas for the distribution of Cree's comprehensive portfolio of innovative LED components including high-power, Chip-on-Board, high brightness and LED modules. This agreement demonstrates Cree and Avnet’s shared commitment to provide customers with the industry’s best LED solutions and service to continue driving LED adoption.

“Adding Avnet to Cree’s industry-leading distribution network demonstrates Cree’s continued investment in and commitment to its LED business, giving customers greater access to the LEDs that deliver the best system value,” said Dave Emerson, vice president and general manager for Cree LEDs. “Combining Cree’s LED technology with Avnet’s dedicated team of LED-focused Illumineers and state-of-the-art LightLab will accelerate the adoption of the next generation of LED solutions that combines lighting with IoT.

Cree has the broadest portfolio of application-optimized, lighting-class LED components that sets the industry’s benchmarks for performance, light quality and reliability. With more than 4,000 patents, Cree remains the driving force behind the innovative high-power LEDs that have redefined lighting with significantly improved overall lighting system value for applications such as street, outdoor area, stadium, retail spot and high-bay lighting.

“Avnet and Cree share a commitment to not only facilitate the transition from conventional filament and fluorescent lamps to LED lighting, but to also help our customers bring true intelligence to lighting,” said Alex Iuorio, senior vice president, supplier development, Avnet Electronics Marketing Americas. “With the support of Avnet’s Illumineers and LightLab and Cree’s portfolio of components and modules, we can provide designers who want to leverage the IoT to add more value to their products with easy-to-implement solutions that will reduce development time and cost, while fast-tracking time to market.”

Please visit http://www.cree.com/LED-Components-and-Modules/Products to learn more about Cree’s comprehensive portfolio of LED components.

Please visit https://products.avnet.com/shop/en/ema/manufacturer/cree-inc for more information on the Cree® products available through Avnet. Visit https://www.youtube.com/watch?v=zqtO9-Rhnew to take a video tour of Avnet’s Chandler, Ariz. LightLab.

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