Carlton, VIC, Australia, July 23, 2019 – Sensera Limited (ASX: SE1, "Sensera"), an Internet of Things (IoT) solution provider, today announced that it has signed a global agreement with Arrow Electronics, Inc. to distribute its high-precision, real-time location and location-aware smart wireless sensor solutions.
Sensera Ltd is a leading designer and manufacturer of end-to-end sensor solutions and services for the rapidly growing IoT market, which combines precise proximity detection and tracking in real time with smart IoT sensors. Arrow is one of the world’s largest technology solution providers, with annual sales of $29.7 billion, and over 200,000 customers.
Under the new agreement, Arrow's IoT group will provide consultancy, and will assist with designing and delivering solutions based on Sensera products, including system integration and deployment. The agreement covers Sensera’s IoT Solutions division and its MicroDevices division.
Prior to the current agreement, Arrow distributed nanotron Technologies, Sensera’s IoT Solutions division, in limited geographies winning multiple customers. Arrow will now provide Sensera’s entire product portfolio to its extensive worldwide customer base enabling the delivery of IoT solutions for mission-critical applications. Its technical sales teams and field application engineers will provide customers with design-in and product support.
Ralph Schmitt, CEO of Sensera Ltd., said, “Arrow is a global leader in IoT solutions and we are delighted to work together with them to bring our IoT sensor technology to a broader base of customers around the world. Their extensive team of sales and applications professionals will allow us to deliver our mission-critical sensor technology to significantly more customers. The agreement was founded on a history of successful cooperation in a few countries, and we have already engaged in a set of new customers in the expanded geographic footprint which will provide near term revenue. “