Stock Report: Avnet Inc. (AVT) Report Updated: May 20, 2013 | Print This Page

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems in the Americas, Europe, the Middle East, Africa, Asia, Australia, and New Zealand. The company operates in two segments, Electronics Marketing and Technology Solutions. The Electronics Marketing segment markets and sells semiconductors; interconnect, passive, and electromechanical devices; and embedded products to electronic component manufacturers in various industries, including automotive, communications, computer hardware and peripheral, industrial and manufacturing, medical equipment, military, and aerospace. This segment also offers various value-added services that help customers to evaluate, design-in, and procure electronic components throughout the lifecycle of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly, and semiconductor programming. In addition, it serves original equipment manufacturers (OEM) in the medical, telecommunications, industrial, and digital editing markets. The Technology Solutions segment markets and sells mid- to high-end servers, data storage, and software products; and offers the services required to implement these products and solutions to the value-added reseller channel. It also focuses on the OEM market for computing technology; system integrators; and non-personal computer OEMs that require embedded systems and solutions, including engineering, product prototyping, integration, and other value-added services, as well as independent software vendors, general-purpose computers manufacturers, and system builders. The company was founded in 1921 and is headquartered in Phoenix, Arizona.