Avnet (AVT)

Avnet (AVT) Stock Quote Information

Avnet, Inc., together with its subsidiaries, distributes electronic components, enterprise computer and storage products, and embedded subsystems worldwide. The company operates in two segments, Electronics Marketing and Technology Solutions. The Electronics Marketing segment markets and sells semiconductors; and interconnect, passive, and electromechanical devices 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 evaluate, design-in, and procure electronic components of their technology products and systems, including supply-chain management, engineering design, inventory replenishment systems, connector and cable assembly, and semiconductor programming. 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, original equipment manufacturers (OEM), independent software vendors, system builders, and system integrators. It also provides logistics, financial, marketing, sales, and technical services, including engineering support, systems integration, and configurations. In addition, this segment offers technical design, integration, and assembly to developers of application-specific computing solutions in the non-PC market, including OEMs targeting the medical, telecommunications, industrial, and digital editing markets. The company was founded in 1955 and is headquartered in Phoenix, Arizona.