Analog Devices and EBV Elektronik sign distribution franchise agreement
Semiconductor specialist EBV Elektronik and DSP vendor Analog Devices have signed a distribution franchise agreement for the EMEA region, except Russia, Ukraine and Israel. EBV Elektronik will represent ADI's complete product portfolio, including data converters, amplifiers, DSPs, MEMs, power management ICs, and an extended linear and RF/microwave portfolio through its offices in Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Hungary, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, Turkey and the United Kingdom. EBV Elektronik's existing line card is complementary to ADI's products and solutions, and will respond to the most demanding customer requirements. The two companies have an overlapping strategic focus on market segments such as industrial, automotive, energy, RF & wireless. Together, ADI and EBV will meet customers' expectations for high performance products and technical support. In addition, engineer-to-engineer training and technical exchanges are already underway to ensure customers get excellent design support.
EBV Elektronik and IP500 Alliance announce partnership
The IP500 Alliance has announced that semiconductor specialist EBV Elektronik has become a partner providing a global supply chain and technical support for the IP500 solution / RF module. IP500 is the global wireless standard platform for security and safety applications in the Internet of Things (IoT) landscape. The IP500 platform focuses on safety and security in building automation applications, allowing for fully interoperable connections between various devices e.g. temperature, motion, smoke, intrusion or HVAC sensors and actuators. By providing an integrated solution, based on 802.15.4 IEEE in the Sub-GHz band, the IP500 Standard is the only standard supporting international safety regulations (e.g. EN, VdS or UL) in an IPv6-based wireless mesh network at an affordable price. The IP500 standard is positioned to further drive applications in price-sensitive IoT segments such as smart grid, lighting or smart metering, as well as wearables with higher integration. This partnership will also support the IP500 members in applying the interoperable technologies that create opportunities for improved efficiency and faster time to market, which empower IP500 OEMs to launch their products in a local (worldwide) marketplace on time. The main challenge on a global basis is interoperability, combined with wireless low power network performance in an IoT application. The IP500 alliance is growing at a rapid pace as new OEMs and partners unite to deliver complete eco-systems for IoT applications: EBV Elektronik will now offer the IP500 modules within its EBVchips program, enabling new product and business opportunities for IP500 OEMs and partners. As part of the Avnet organization, EBV will be able to provide worldwide support and distribution.
Elmos signs distribution agreement with Silica
Semiconductor specialist Silica has signed a distribution agreement with mixed-signal specialist Elmos Semiconductor, authorising SILICA to sell and support their full range of Interface, Sensor, Power and Motor Control products across Europe through its offices in Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, the Netherlands, Norway, Poland, Portugal, Russia, Slovenia, Spain, Sweden, Switzerland, Turkey, Ukraine and the United Kingdom.
Mobile trader siblings shamed over VAT scam
United Kingdom: HM Revenue & Customs (HMRC) investigations into alleged VAT or "missing trader/carousel" fraud have resulted in two brothers being handed a 15-year ban from being company directors. Waseem and Ajaz Saddique, directors of Birmingham-based mobile phone wholesaler Winnact Ltd, were sentenced at separate hearings in May for involving the company in a scheme linked to VAT fraud, and making wrongful VAT reclaims against HMRC. The sentences – which mean neither brother can resume a directorship until 2029 – resulted from investigations by a specialist team for the Insolvency Service, which was chasing debts owed to HMRC for unpaid VAT. Between May and September 2006, Winnact Ltd was found to have bought mobile phones in the UK and other EC countries, making onward sales of €35.56m to wholesalers in the UK and onward sales of €50.41m to wholesalers in other EC countries and Dubai. The firm then filed monthly returns with HMRC reclaiming VAT monies. According to the investigation, Winnact Ltd took part in a "complex and orchestrated scheme" where VAT returns were "staggered" by multiple contratraders over a period of time in order to hide the multimillion-pound VAT default of a single trader (source : Channelweb United Kingdom).
Changes at Exclusive Networks Group designed to fuel growth
Pan-European, Paris-based network and security VAD Exclusive Networks Group has announced changes to its management team that underline its commitment to aggressive revenue growth and value with existing vendors. Having for many years headed up the Exclusive Networks UK business and driven it to €100m revenues, subsequently joining the Group management team to drive success internationally, Neil Ledger will now take on a reduced, more strategic role to oversee the next phases of organic growth on an increasingly large scale. The move sees Barrie Desmond stepping into Ledger's shoes as Chief Operating Officer, kick-starting an immediate search for a new VP/Director of Marketing & Business Development. Neil Ledger will continue to steer the Group’s impressive organic growth in his position as Non-Executive Director and member of the board, with Barrie Desmond leaving his position as Director of Marketing and Global Accounts to become COO. The transition follows Nicolas Trombert and Julien Antoine’s appointments to the management team, to spearhead acquisition strategy and global business transformation respectively. In parallel with organic growth objectives, the expansion of Exclusive's international footprint to over 22 countries has come largely as a product of its ongoing acquisition strategy that, with recent purchase of Australia/New Zealand VAD WhiteGold Solutions, now sees the Group able to serve the APAC region. Assuring the orderly transformation of service capability in step with this progressively more global presence is another key priority for the business.