What kind of company is Avnet?

What kind of company is Avnet?

electronic components
Avnet, Inc. is a distributor of electronic components headquartered in Phoenix, Arizona, named after Charles Avnet, who founded the company in 1921….Avnet.

Type Public
Traded as Nasdaq: AVT S&P 400 Component
Industry Electronics
Founded 1921 New York City, New York, U.S.
Founder Charles Avnet

Is Avnet a global company?

Avnet is a global electronic components distributor with extensive design, product, marketing and supply chain expertise for customers and suppliers at every stage of the product lifecycle.

Who bought Avnet?

Tech Data Corporation
( NYSE : AVT), a leading global technology distributor, today announced that it has entered into an agreement to sell its Technology Solutions operating group to Tech Data Corporation in a stock and cash transaction valued at approximately $2.6 billion .

Is Avnet Part of Tech Data?

Bob Dutkowsky I am pleased to announce that Tech Data has completed the acquisition of Avnet’s Technology Solutions business, creating a premier global IT distributor with unmatched capabilities and the most diverse end-to-end solutions from the data center to the living room.

Is Avnet a good company to work for?

Is Avnet a good company to work for? Avnet has an overall rating of 4.0 out of 5, based on over 1,218 reviews left anonymously by employees. 81% of employees would recommend working at Avnet to a friend and 69% have a positive outlook for the business. This rating has improved by 8% over the last 12 months.

Is Avnet a Fortune 500 company?

PHOENIX – Phoenix-based electronics distributor Avnet topped the list of most successful companies in Arizona for 2020, according to Fortune 500. Avnet, headquartered near State Route 143 and 44th Street, led the group of 19 and ranked No. 169 overall, with revenues of $19.5 billion.

When did Tech Data Buy Avnet?

February 27, 2017
February 27, 2017 11:00 ET | Source: Tech Data Corp. Tech Data Corp. CLEARWATER, Fla., Feb. 27, 2017 (GLOBE NEWSWIRE) — Tech Data Corporation (NASDAQ:TECD) today announced it has completed its acquisition of the Technology Solutions business from Avnet, Inc.

Who acquired Tech Data?

Apollo in June 2020 acquired Tech Data for $5.4 billion. “TD Synnex is uniquely positioned in today’s relentlessly transforming technology ecosystem,” said Rich Hume (pictured), TD Synnex CEO, in a prepared statement.

What year did Avnet first earn a spot on the Fortune 500 list?

414 on the 2012 FORTUNE Global 500, a list of the world’s largest corporations. With $26.5 billion in sales in fiscal year 2011, Avnet appeared on this global list for the first time in its history.

Who is Synnex merging with?

Tech Data
SYNNEX Corp. has agreed to acquire Clearwater-based Tech Data in a deal valued at more than $7 billion. Clearwater-based technology distribution company Tech Data, the largest company headquartered in the Tampa-St.

When did Avnet go public?

In 1959 the company went public on theAmerican Stock Exchange. In 1960, Avnet made its first acquisition, British Industries Corporation, and gained a listing on the New York Stock Exchange.

What is Avnet doing with my personal data?

When browsing and using our website, Avnet collects, stores and/or processes personal data. To ensure fair and transparent processing of your personal data and compliance with applicable laws on data protection, please read our Privacy and Data Protection Information on your personal data.

Where is Avnet located in Phoenix AZ?


Hilton Ave, Suite 250. Phoenix, AZ 85034, United States. Tel: 480-643-2000.

What is Avnet smart asset monitoring?

Avnet’s Smart Asset Monitoring solution can help you make the most out of your aging assets and reduce asset lifecycle costs. Track and locate assets instantly, maximize asset availability and construct an issue tracking ticketing system all within one dashboard.