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Tech Data to buy Avnet Technology Solutions for USD 2.6 bln

2016-09-19 14:41:00| Telecompaper Headlines

(Telecompaper) Avnet has agreed to sell its Technology Solutions division to rival Tech Data for USD 2.6 billion. The company said it will focus going forward on design and supply chain services, and especially high growth areas like the IoT, embedded solutions and critical platforms. It will partner with Tech Data on serving the IoT solutions market. Avnet will receive USD 2.4 billion in cash and 2.8 million shares in Tech Data as payment for the operations.

Tags: data buy technology solutions

 

Avnet Enhances IoT Cloud Connectivity Solutions Portfolio With Zentri Franchise In The Americas

2016-05-24 07:09:39| wirelessdesignonline News Articles

Avnet, Inc., a leading global technology distributor, recently announced that it has signed a distribution agreement with Zentri, a secure IoT SaaS platform provider

Tags: solutions portfolio cloud franchise

 
 

Avnet Expands IoT Solutions' Portfolio With New LSR Wireless Shield And TiWiConnect Reference Design

2016-05-10 10:16:09| wirelessdesignonline News Articles

Avnet, Inc., a leading global technology distributor, recently introduced the new LSR Wireless Shield, a low-cost platform with customizable sensor/peripheral capabilities for the prototyping of wireless connected Internet of Things (IoT) products using SmartFusion2 system-on-chip (SoC) field programmable gate arrays (FPGAs) from Microsemi Corporation.

Tags: design reference solutions wireless

 

Avnet Appointed As Exclusive Global Distributor For Microsemi ACT FPGAs

2016-04-13 03:00:07| Semiconductors - Topix.net

Avnet, Inc. said it has been appointed as the exclusive global distributor for Microsemi Corporation's ACT 1, ACT 2 and ACT 3 field programmable gate array families. According to the company, the appointment comes into immediate effect.

Tags: global act exclusive appointed

 

Avnet, Inc. (AVT) Upgraded by Zacks Investment Research to "Hold"

2016-03-30 04:24:53| Electronics - Topix.net

According to Zacks, "The global distributor of electronic components and computer products, Avnet reported lower-than-expected second-quarter fiscal 2016 results. Year-over-year comparisons were also unfavorable, mainly due to stronger U.S. dollar and weak demand in industrial markets and EM Americas.

Tags: to research hold investment

 

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