United States

Profile: Avnet Inc (AVT.O)

AVT.O on Nasdaq

18 Jun 2019
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Avnet, Inc. (Avnet), incorporated on July 22, 1955, is a distributor of electronic components, enterprise computer, networking and storage products and software, and embedded subsystems. The Company operates through Electronics Marketing (EM) segment. The EM segment markets and sells semiconductors; interconnect, passive and electromechanical devices (IP&E), and embedded products to a customer base serving various end markets. The Company creates a link in the technology supply chain that connects electronic component and computer product manufacturers and software developers with a customer base of original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, original design manufacturers (ODMs), systems integrators (SIs), independent software vendors (ISVs) and value-added resellers (VARs). The Company distributes electronic components, computer products and software, as received from its suppliers or through a customized solution, and offers assembly and other services. The Company has operations in the Americas; Europe, the Middle East and Africa (EMEA), and Asia/Pacific, consisting of Asia, Australia and New Zealand (Asia).

The EM segment's products and services cater to a customer base serving various end markets, including automotive, communications, computer hardware and peripherals, industrial and manufacturing, medical equipment, and defense and aerospace. It offers design chain support for suppliers that provides customer engineers with a range of technical design solutions. With access to a suite of design tools and engineering support from any point in the design cycle, customers can get product specifications along with evaluation kits and reference designs that enable a range of applications from concept through detailed design, including new product introduction. EM also offers engineering and technical resources deployed worldwide to support product design, bill of materials development and technical education and training. EM also provides customers access to a range of products from a spectrum of electronic component manufacturers.

EM supply chain support and logistical services provide solutions focused on OEMs, EMS providers and electronic component manufacturers. It supplies chain planning tools and a range of inventory management solutions. EM Embedded provides embedded computing solutions, including technical design, integration and assembly to developers of application-specific computing solutions in the non-personal computer (PC) market. In addition, EM Embedded develops and manufactures standard board and industrial subsystems, and application-specific devices that enable it to produce specialized systems for specific customer requirements. EM Embedded serves OEMs that require embedded systems and solutions, including engineering, product prototyping, integration and other services in the medical, telecommunications, industrial and digital editing markets.

The Company competes with Arrow Electronics, Inc., Future Electronics, World Peace Group, Ingram Micro, Inc. and Tech Data Corp.

Company Address

Avnet Inc

2211 S 47th St
PHOENIX   AZ   85034-6403
P: +1480.6432000
F: +1480.6437370

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