PITTSBURGH, June 12, 2019 /PRNewswire/ -- WESCO
International, Inc. (NYSE: WCC) announced today that WESCO
Distribution, Inc. has entered into an alliance with Silicon
Valley-based Plug and Play, a global innovation and startup
accelerator platform. WESCO joins as a founding anchor member in
launching their newest accelerator, B2B Sales and Distribution,
focused on industry-specific startups and their technologies.
Headquartered in Pittsburgh,
Pa., WESCO International is a leading provider of
electrical, industrial, and communications maintenance, repair and
operating (MRO) and original equipment manufacturer (OEM) products,
construction materials, and advanced supply chain management and
logistics services.
Headquartered in Sunnyvale,
Calif., Plug and Play connects startups and leading
corporations around the world through a series of industry-specific
accelerator programs. WESCO will have access to a global network of
startups developing new digital technologies and innovative tools
and solutions for the B2B distribution value chain.
"The future of distribution will require new data-driven
solutions and services that build upon our historical roots of
linking manufacturers to customers in the supply chain. Our
alliance with Plug and Play positions WESCO to effectively
participate in the digital ecosystem and expand the digitization of
our business at a faster rate," said John
J. Engel, Chairman, President and CEO of WESCO
International.
"We are excited to have this opportunity to engage with WESCO to
facilitate the launch of the B2B Sales and Distribution
Accelerator. WESCO's leading position in wholesale distribution
combined with their digital transformation strategy makes them an
ideal founding member," said Saeed
Amidi, CEO of Plug and Play.
About WESCO International
WESCO International, Inc. (NYSE: WCC), a publicly traded Fortune
500 holding company headquartered in Pittsburgh, Pennsylvania, is a leading
provider of electrical, industrial, and communications maintenance,
repair and operating (MRO) and original equipment manufacturer
(OEM) products, construction materials, and advanced supply chain
management and logistic services. 2018 annual sales were
approximately $8.2
billion. The company employs approximately 9,300
people, maintains relationships with approximately 30,000
suppliers, and serves approximately 70,000 active customers
worldwide. Customers include commercial and industrial businesses,
contractors, government agencies, institutions, telecommunications
providers, and utilities. WESCO operates 10 fully automated
distribution centers and approximately 500 branches
in North
America and international markets, providing a
local presence for customers and a global network to serve
multi-location businesses and multi-national corporations.
http://www.wesco.com
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in
Silicon Valley, we have built accelerator programs, corporate
innovation services and an in-house VC to make technological
advancement progress faster than ever before. Since our inception
in 2006, our programs have expanded worldwide to include a presence
in over 20 locations globally giving startups the necessary
resources to succeed in Silicon Valley and beyond. With over 10,000
startups and 280 official corporate partners, we have created the
ultimate startup Protected ecosystem in many industries. We provide
active investments with 200 leading Silicon Valley VCs, and host
more than 700 networking events per year. Companies in our
community have raised over $7 billion
in funding, with successful portfolio exits including Danger,
Dropbox, Lending Club and PayPal. For more information, visit
www.plugandplaytechcenter.com.
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SOURCE WESCO International, Inc.