Thursday, September 23, 2010

GigOptix expands presence in Japanese market; signs new distributor agreement with Midoriya

PALO ALTO, USA: GigOptix Inc. has signed Midoriya Electric Co. Ltd, a leading distributor of electronic components and instruments, as its sole distributor for optical and RF sales in Japan.

This agreement strengthens GigOptix’ presence in the Japanese Telecom, Datacom, Consumer, PC and Semiconductor markets by enabling GigOptix to partner with this premier Japanese distributor.

Makoto Kuroha, president of Midoriya Electric, stated: “We are very happy to sign GigOptix as a key supplier. We believe that optics will replace copper interconnect technology in the future and we have been looking for a strong partner in the optical space. GigOptix has great technology and great solutions and is a good match with the Japanese optical communication customers. We look forward to utilizing our strong sales and engineering resources to further develop the customer base in the Telecom and Datacom markets and expanding their reach into higher volume consumer, PC and semiconductor markets.”

Jay de la Barre, VP of Sales at GigOptix, said: “Midoriya is an excellent ambassador for GigOptix in Japan, they have a strong presence that will enable us to expand our current optical market reach and provide the breadth of expertise that enables us to address new market segments such as consumer and computer devices. We look forward to working with Midoriya to develop these exciting new business opportunities in Japan.”

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