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Seagate Forms Strategic Partnership with EDX Electronics - Allowing expanded opportunities for distribution, Seagate forms a strategic alliance with financial services provider EDX Electronics - EdxElectronics.com
Seagate Forms Strategic Partnership with EDX Electronics

 

NewswireToday - /newswire/ - Winter Springs, FL, United States, 2015/06/08 - Allowing expanded opportunities for distribution, Seagate forms a strategic alliance with financial services provider EDX Electronics - EdxElectronics.com.

   
 
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Seagate, a leader in hard drive and data storage solutions, has selected EDX Electronics, Inc. as its newest distribution partner. This is the next step in an established relationship between the two companies. EDX Electronics already provides Seagate products to Original Equipment Manufacturers through its Last Time Buy (LTB) program. With its LTB program EDX purchases End of Life (EOL) Seagate products, holds them up to 10 years, and ships as needed to the customer. This partnership will give EDX access to EOL notifications from Seagate and allow them to make purchases directly rather than through an intermediary. Purchased products will have a direct transfer of warranty from Seagate to EDX to the end customer of the Last Time Buy. Provided as well is a suite of Seagate’s own testing tools to ensure quality products throughout the entire supply chain. According to EDX Electronics CEO Dennis Menefee “With this partnership, we can continue to provide customer support for Seagate products transitioning to End of Life and have access to many opportunities that will expand the value of our Last Time Buy program.”

About Seagate Technology, LLC

Seagate is the global leader in data storage solutions since 1978.

About EDX Electronics, Inc.

EDX (edxelectronics.com) has been solving inventory issues for some of the largest companies in the world since 1991. We offer fulfillment and financial solutions for electronic inventory including end-of-life (Last Time Buy) product management and inventory recapitalization.

 
 
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Written by / Agency / Source: EDX Electronics

 
 

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Seagate Forms Strategic Partnership with EDX Electronics

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Publisher Contact: Garrett Lacich - EdxElectronics.com 
407-831-4100 Garrett[.]edxelectronics.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any EDX Electronics securities in any jurisdiction including any other companies listed or named in this release.

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