Boston, MA 10/14/2014 (wallstreetpr) – According to reports, Vitesse Semiconductor (NASDAQ:VTSS) has decided to increase its presence in sales field in the entire North America. VTSS is one of the largest companies and known for offering second to none advanced IC solutions for enterprise, Carrier and Internet of Things (IoT) networks.
Insights of the announcement:
VTSS recently announced that Phoenics Electronics would take care of all the activities related to the creation of its demand and fulfillment of its entire product portfolio in North America region. As per the information, VTSS doesn’t want to delay in proceedings; therefore, Phoenics Electronic will take charge immediately and start the procedure. Management of Vitesse Semiconductor (NASDAQ:VTSS) is delighted with the appointment of Phoenics Electronics. According to Phil Richards, Vice President of Sales at Vitesse Semiconductor (NASDAQ:VTSS), North America has been one of the largest markets for VTSS for many years. It wants to explore the endless opportunities that are available in this region. Due to increment in customer base in North America region, Phoenics Electronics has been appointed as its partner and representative in North America. Management team of VTSS expects that this decision will enhance sales activities and net proceedings of the company in terms of revenues in the near future.
Design win momentum of Vitesse Semiconductor (NASDAQ:VTSS) has grown at a great pace over the past few months. So far, it has shown an impeccable pace of 45%, which is likely to go up in coming months. With the help of Phoenics Electronics, it will be able to serve diversified customers in the best possible way. Phoenics Electronics is equally delighted to work with VTSS. Recently, Peter Rooks, President of Phoenics Electronics told reporters that his company was extremely delighted to get IC portfolio and market-leading Ethernet technologies of VTSS on board. It would not only strengthen the sales position of VTSS in North America region, but also help Phoenics Electronics to enhance its portfolio size.
