Accton signs Major deal

Jumbo Group has announced a new joint venture to increase its share of the regional consumer electronics, IT and telecom markets. The new company, Major Electronics, has been formed by Jumbo and Dubai Marketing and will focus on distribution and marketing of brands including Accton, Citizen and Rowa.

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By  Mark Sutton Published  October 9, 2001

Jumbo Group has announced a new joint venture to increase its share of the regional consumer electronics, IT and telecom markets. The new company, Major Electronics, has been formed by Jumbo and Dubai Marketing and will focus on distribution and marketing of brands including Accton, Citizen and Rowa.

Major Electronics has already begun operations from its flagship retail store on Bank Street, Dubai, and aims to grow its business through its UAE dealers and an expanded distribution network in the Middle East, Central Asia and Africa. For Accton, Major will concentrate on delivering its full range of NICs, hubs and switches, and Accton’s new range of retail consumer products, including USB mobile phone chargers.

Mohammed Sultan Saeed, chairman of Major Electronics, commented: “We see substantial synergy between the brands that we currently handle and those of our latest partner—Accton, one of the largest manufacturers of network products in the world. Our customers and channel partners will now gain access to Accton’s entire networking line—networking adaptors, hubs and the latest dual speed switches, bringing us closer to our vision of providing our customers world leading brands at best value prices.”

Jamshed Mehdi, managing director of Accton Technology Corporation welcomed the deal. “Accton follows a meticulous policy of selecting and building effective partnerships with world class organisations in order to lead the industry towards adopting the latest technology,” he said. “Our understanding of this market has revealed that Major has a strong dealer base and an efficient system already in place to distribute networking products. We are extremely confident that Accton sales will grow exponentially in this region through the combined efforts of this partnership.”

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