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About
Avnet, Inc. engages in the distribution and sale of electronic components, enterprise computer, storage products, information technology solutions and services, and embedded subsystems. It operates through the Electronics Marketing and Technology Solutions segments. The Electronics Marketing segment markets and sells semiconductors, interconnect, passive and electromechanical devices and embedded products. The Technology Solutions segment focuses on the value-added distribution of enterprise computing servers and systems, software, storage, services, and complex solutions. The company was founded by Charles Avnet in 1921 and is headquartered in Phoenix, AZ. | |||
Description
Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer, networking and storage products and software, IT solutions and services, and embedded subsystems in the Americas, Europe, the Middle East, Africa, and the Asia/Pacific. It operates through two segments, Electronics Marketing (EM) and Technology Solutions (TS). The EM segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products for the electronic component manufacturers, as well as offers services that enable customers to evaluate, design-in, and procure electronic components throughout the lifecycle of their technology products and systems. This segment offers its products and services to a diverse customer base serving automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defense and aerospace end-markets. The TS segment creates and delivers datacenter and IT lifecycle solutions that solve the business challenges of end-user customers. This segment also provides value-added distribution of enterprise computing servers and systems, software, storage, services, and complex solutions; and hard disk drives, microprocessors, motherboards, and DRAM module technologies to personal computing integrators and value-added resellers. This segment serves value-added resellers, independent software vendors, system integrators, and original equipment manufacturers (OEMs). Avnet, Inc. was founded in 1955 and is headquartered in Phoenix, Arizona. |