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Spectrum moves into Turkey with acquisition of DesTek Elektronik |
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1st February 2008: The Spectrum Electronics Group, a leading pan European technology sales, marketing & operations company, has announced its acquisition of Istanbul based DesTek Elektronik www.destekelektronik.com |
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Founded in 2003, DesTek Elektronik has established an enviable reputation as a design-win focussed, electronic component sales and marketing company in Turkey, representing amongst other manufacturers; Cypress Semiconductor, Dialight, Diodes, MicroSemi and Teridian. |
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Announcing the successful conclusion of negotiations David Thomas, Spectrum’s Regional Director, Southern Europe said that the DesTek acquisition was an important step forward in Spectrum’s ambition to have a local operation in every technologically important country in Europe: “Turkey represents a very attractive growth market for the Spectrum Group, in particular consumer electronics (CE), which is one of Spectrum’s key market segments”, said Thomas. |
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The new operation, called Spectrum DesTek, will operate out of the existing offices in Kadiköy, Istanbul. The established team of two senior account managers and two FAEs will continue to be headed by DesTek founder Ercüment Yagmur. |
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According to Yagmur, Spectrum DesTek will continue to focus on the Tier 1 European consumer and white good manufacturers such as Vestel, Beko and Arcelik, who have major manufacturing operations in Turkey, and on the local OEMs active in the fields of metering, communications and military electronics: “It’s our mission to present our customers and our potential customers with the most effective solution offered by the manufacturers we represent”, Yagmur said. |
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“The DesTek and Spectrum operations share a fundamentally similar business model and already have a number of key lines in common”, continued Thomas. “This is an ideal M&A for the Spectrum Group as it adds value to both parties in the deal as well as the suppliers they represent and the customers they serve”. |
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For further information please contact:
David Thomas
Director Strategic Busn. Development / Regional Director Southern Europe
Email: david@spectrumeugroup.com Mobile: +32(0)478/30.72.72 |
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Visit the other Spectrum Group websites:
www.ismosys.com (the industry’s first portal website…)
www.spectrum-retail.com (representing manufacturers of consumer products…)
www.silicondesigneu.com (pan European Rep/Stockist program)
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Spectrum launches Silicon Design |
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- I.S.M.O business model extended to include new pan-European Rep/Stockist |
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May 20th 2007: Spectrum Group International (SGI) has formally launched its latest pan-European operation. Operating as a pan-European Rep/Stockist, Silicon Design www.silicondesigneu.com further extends the Spectrum international sales, marketing & operations (I.S.M.O.) model it pioneered in 1994: According to SGI managing director Nigel Watts there are two main thrusts to Silicon Design's business: |
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“Like every Spectrum Group operation Silicon Design’s main purpose is the creation and enhancement of 'Institutional Relationships' on behalf of its manufacturing partners in key European OEM/CEM accounts. Silicon Design’s initial manufacturing partners could be described as breaking out of their start-up phase and have much to offer European OEMs active in the security, imaging, cockpit automotive and white goods markets. These manufacturers need to make their product readily available to OEMs but don’t yet have the kind of volumes that make them attractive to distributors. For this reason Silicon Design also operates a B2B fulfilment website to provide its partners with an efficient and cost-effective method for customers to source prototype and production quantities of the products they need”. |
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The Silicon Design team, all experienced electronics sales, marketing, and engineering professionals are able to leverage the local intelligence and infrastructure of seven Spectrum Electronic Group’s European offices. Currently located in UK, France, Germany, Iberia, Italy and the Nordic and Benelux regions, Silicon Design has plans to establish further local presences as the opportunities arise. |
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Currently Silicon Design is partnered with four manufacturers;: California Micro Devices, Cyan Technology, eSilicon and Intellasys. Agreements with further partners are pending. For details of Silicon Design partners please visit www.silicondesigneu.com/manufacturers.htm
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Spectrum ladies make ‘colours fly’ at Waddesdon |
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- raise £1,800 for Cancer Research UK |
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Sunday 20th May 2007: Staff from Spectrum Group International and its UK subsidiary Spectrum Infocus competed in The Race for Life, the UK’s biggest women-only fundraising event. Completing the hilly 5-kilometre course at Waddesdon Estate, Buckinghamshire in an average 37-minutes, the six ladies raised £1,800 for Cancer Research UK, the world’s largest independent cancer research charity. |
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Since the first Race for Life in 1994, over two million women of all ages have run, walked or jogged 5-kilometre courses throughout the UK to raise over £140 million for Cancer Research. This year the charity hopes to raise £60 million by bringing an amazing 800,000 women together to fundraise for this vital life-saving work. |
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And it’s not to late for visitors to this site to contribute: Simply go to www.raceforlife.org/raising money/donate/ and follow the links to make a donation. |
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Pictured proudly diplaying their competitors’ medals are (l-r) Jennie Smith, Linda Turvey, Kate Adams, Jo Sellers, Roberta Miles and Jenny Allen. |
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SMSC
recognises Spectrum Design for its major design wins and revenue achievement |
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May
2006: SMSC (Standard Microsystems Corporation), a specialist in metal-oxide-semiconductor/very large scale integrated (MOS/VLSI) circuits for the personal computer, peripherals and embedded system marketplaces, has awarded Spectrum Design its Excellence Award 2006. |
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Frédéric Hamparian Spectrum Design's Managing Director received the coveted accolade on behalf of his Company at the European Sales Conference hosted by the manufacturer in Weimar, Germany on May 17th -19th. Presenting the award, SMSC's Mitch Statham, VP Sales and Franz Exenberger, Director Europe, cited major design wins and revenue achievement as the reason Spectrum Design received the award: "Frédéric and his team are on target to achieve a fourfold increase in sales over 2005". |
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About
SMSC (Standard Microsystems Corporation)
Leveraging substantial intellectual property,
integration expertise and a comprehensive global infrastructure, SMSC offers
application specific semiconductor solutions including mixed-signal PC system
controllers, non-PCI Ethernet, ARCNET, MOST and Hi-Speed USB. The Company's standard
product approach solves design challenges for customers whilst delivering performance,
space, cost and time-to-market advantages. SMSC technology addresses key vertical
applications such as; mobile and desktop PCs, servers, consumer electronics,
automotive infotainment and industrial equipment.
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About
Spectrum Design
Spectrum Design is one of the eleven European subsidiaries that
comprise the Spectrum Electronics Group and is one of its three French organisations.
The independent sales, marketing and operations (I.S.M.O.) business model applied
by Spectrum Design provides a unique growth vehicle for US- and Asian-based technological
companies seeking to achieve their full potential in European markets. Spectrum
Design also works on behalf of eight further technology leaders, including Marvell,
Sipex, Diodes Inc. and Silicon Storage Technology
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Spectrum
Electronics closes the loop with its new Retail operation |
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June
2006: For twelve years Spectrum Electronics has directed it's independent sales,
marketing and operations (I.S.M.O.) services towards OEMs on behalf of manufacturers
of electronic components. Now the Company has moved to close the circle by establishing
a market development operation to take its OEM customers' end
products to the retail market. |
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To
head the new SpecR (Spectrum-Retail) operation Spectrum has recruited industry
stalwart Patrick Frizoni. Frizoni has 30 years experience in both the components
and systems distribution channels, most recently as head of Avnet’s Far
Eastern operations. According to Frizoni SpecR has
already partnered with Better Energy Systems www.betterenergy.co.uk . “We’re charged with developing
the retail market for Better Energy’s innovative Solio universal battery
charger for hand-held devices”. |
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Solio
is a portable, high-performance and very neat power source that draws energy
from sunlight and stores it in an internal battery. “It will charge virtually
all mobile electronic devices at speeds akin to mains-powered chargers”,
said Frizoni. |
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Solio
owners can protect their charger inside a tailored Treadä case, manufactured
from recycled Columbian lorry tyres. Treadä accessories are also available
to fit a variety of hand-held electronics, such as the Nano, iPod, Powerbook
and MacBook: “There is a growing demand for Green accessories as conscientious
consumers seek to offset the environmental impact of their hand-held electronic
devices”, said Frizoni. “SpecR is also pursuing retail opportunities
for Better Energy Systems in this areana.” |
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Frizoni
remains mindful of Spectrum Electronics’ components pedigree: “SpecR,
is also positioned and ready to exploit opportunities that will occur if and
when any of Spectrum’s existing partners decide to offer their components
through the retail channel”, he said.
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New
Spectrum B2B website sows seeds for distribution’s future harvest |
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May
2006: Spectrum Electronics Group has launched a business-to-business website
to service customers' initial requirements for new and innovative products. |
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According
to Nigel Watts, Group Managing Director Spectrum Electronics, emerging manufacturers
are finding it increasingly difficult to find willing distribution channel partners
to service the low- volume/low-value shipments that are essential if customers
are to complete the design-in phase of their products: “Spectrum already
provides a broad range of representation services on behalf of these manufacturers,
so establishing ISMOSYS www.ismosys.com to plug this fulfilment gap was a logical
and essential step”. |
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The
functionality of ISMOSYS enables customers to select and order their requirements
on-line, choose their delivery method and pay with any credit or debit card.
The site also offers a credit account option for returning customers. Products
currently available on ISMOSYS are the Cavium range of H.P. compatible Network
Accelerator cards and the innovative Sendero image processing evaluation kit
developed by AleaREP BV. |
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ISMOSYS
is complementary to Spectrum’s independent sales, marketing & operations
(I.S.M.O.) business model: “Market development and customer support is
a vital part of the service we offer our IP partners”, said Watts. “In
addition to being an efficient way to service customers’ initial requirements
ISMOSYS.com enables us to monitor and assist customers with their integration
of new technology products”. Once the manufacturer deems that sales volumes
require specialist distribution services Spectrum simply hands over the sales
history and backlog to the chosen distribution partners: “At this point
we revert to our core role of manufacturers’ representative and continue
our market expansion activities in harness with the distributor(s)”, Watts
said.
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Spectrum
Group Investment Team Headed by Dick Skipworth |
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- Memec founder comes full circle to back
expansion of Spectrum’s I.S.M.O. model |
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Tuesday
May 16th, 2006: Dick Skipworth, widely acknowledged as a leading pioneer
in the field of technology distribution, has thrown his considerable industry
weight behind the Spectrum Group of independent sales, marketing & operations
(I.S.M.O.) companies. |
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According
to M.D. Nigel Watts, Skipworth has made a significant strategic investment in
Spectrum, empowering the Group to accelerate its ambitious road map for geographic
and value-added service expansion: “Dick will also provide invaluable,
multi-level support and advice to the Group as it faces the double challenge
of geographic expansion and organic growth”, said Watts. |
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Commenting
on the announcement Skipworth iterated his belief in the Spectrum I.S.M.O. model: “When
I founded Memec in 1974 I realised that success was dependent as much on innovation
as it was on hard work and in today’s mature electronics market it’s
much harder to be really different. I’m very impressed by Spectrum’s
vision and commitment”. |
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At
the same time Watts announced two further non-executive additions to the board,
Steve Poole, ex-VP of Europe for Intel and ex-Memec C.F.O. Colin Stevens: “Steve
and Colin have provided invaluable professional advice to Spectrum in the recent
past and their investment in Spectrum is a further endorsement of their commitment
to the Company”, said Watts. Poole will head the new Spectrum board in
the capacity of non-executive chairman. |
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Spectrum’s
I.S.M.O. model provides a unique growth vehicle for US- and Asian-based technological
companies seeking to achieve their full potential in European markets. The Group
has fostered close working relationships with customers, manufacturers and distributors
throughout the European electronics market but expansion into other international
territories such as North America and the Far East is pivotal to the achievement
of its ambitions. “We have developed a wide range of services and expertise
that complement our partners' existing infrastructures but there is still a lot
more we can offer in every major technological market”, said Watts. He
promised further announcements concerning the expansion of the Group’s
territory coverage and service offering in the near future: “This is indeed
a very exciting time for the Spectrum Group and its people”, concluded
Watts.
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Spectrum Design gains accolade from Sipex Corporation |
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Paris,
December 16th 2005: Sipex
Corporation has awarded Spectrum Design its coveted Global Rep of the Year accolade
for 2005. Spectrum Design is one of the three French companies in the Spectrum
Electronics Group of independent sales, marketing & operations
(I.S.M.O.) organisations. |
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Presenting
the award at the Sipex International Sales Meeting held in Monterey, California,
Sipex CEO Ralph Schmitt praised Spectrum Design for the overall job it had done
for the analogue specialist in France, but he singled out Account Manager Christophe
Abadie for special mention: “Christophe has excelled in designing-in our
range of proprietary power management products”, said Schmitt. “He
has enjoyed remarkable success in the majority of Sipex’s Cat.1 target
accounts”. |
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For
more information please call Frederic Hamparian, Spectrum Design Managing Director,
on +33 (0) 1 648 64318, or email him at fh@spectrumfr-design.com. Visit the Spectrum
Electronics Group on the web at www.spectrueugroup.com |
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About
Sipex Corporation
Sipex Corporation (NASDAQ-SIPX) is a fab-less semiconductor
company that designs, manufactures and markets a broad portfolio of high performance,
value-added, analogue integrated circuits. Focusing on three technological areas
- power management, serial interface and optical storage - Sipex is uniquely
positioned to provide complete solutions to the thousands of OEM customers worldwide
who design and manufacture wired and wireless data communications hardware, networking
and telecommunications equipment and portable consumer devices.
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