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Avnet, Inc. Schedules Fourth Quarter and Fiscal Yearend 2008 Earnings Announcement
Jul 1, 2008
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PHOENIX, Jul 01, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) announced today that its fourth quarter and fiscal yearend 2008 earnings announcement is scheduled to be webcast live via the Internet at www.ir.avnet.com on Wednesday, August 6, 2008. Avnet will issue a press release outlining its financial results followed by an interactive webcast ...
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Avnet, Inc. Acquires Source Electronics Corporation
Jun 30, 2008
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PHOENIX, Jun 30, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that it has acquired Source Electronics Corporation (Source) headquartered in Hollis, New Hampshire. Established in 1988, Source is a leading provider of outsourced custom programming services for integrated circuits (IC). Source combines deep technical expertise, high ...
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Avnet, Inc. Acquires Horizon Technology Group plc
Jun 30, 2008
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PHOENIX, Jun 30, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today through its wholly-owned subsidiary, Avnet (Holdings) Limited, that its offer for Horizon Technology Group plc (Horizon) has been declared unconditional in all respects. As had been previously announced, all shareholders of Horizon will receive EUR 1.18 per share, which...
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Avnet to Acquire Ontrack Solutions Pvt. Ltd.
May 23, 2008
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PHOENIX, May 23, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced that it has reached a definitive agreement to acquire Ontrack Solutions Pvt. Ltd. (Ontrack) of India. A Mumbai-based systems integrator established in 1993, Ontrack is known in the market as a leader in security, networking, consolidation, virtualization, storage and server s...
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Jeff Bawol Named President, Avnet Technology Solutions, Americas
May 21, 2008
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TEMPE, Ariz., May 21, 2008 (BUSINESS WIRE) -- Avnet Technology Solutions, an operating group of global technology distributor Avnet, Inc. (NYSE: AVT), today announced the promotion of Jeff Bawol to president of Avnet Technology Solutions, Americas, effective immediately. As president, Bawol will be responsible for the strategic direction and growth...
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Avnet, Inc. to Present at the Merrill Lynch Technology 2008 Conference and the GTDC Investor Relations Conference
May 1, 2008
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PHOENIX, May 01, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that the Company is scheduled to present at two technology conferences during the month of May.
Roy Vallee, Avnet's chairman and chief executive officer, will be presenting at the Merrill Lynch Technology 2008 Conference to be held at the Westin Times Square in New ...
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Avnet, Inc. Reports Third Quarter Fiscal Year 2008 Results
Apr 24, 2008
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PHOENIX, Apr 24, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported revenue of $4.42 billion for third quarter fiscal 2008 ended March 29, 2008, representing an increase of 13.3% over third quarter fiscal 2007 and 8.4% excluding the impact of changes in foreign currency exchange rates. Pro forma revenue growth, as defined in the Non-GAAP...
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Avnet Announces Cash Offer to Acquire Horizon Technology Group PLC
Apr 21, 2008
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PHOENIX, Apr 21, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced on Friday that through its wholly-owned subsidiary, Avnet (Holdings) Limited, the Company plans to acquire Horizon Technology Group PLC in an all cash offer for EUR 1.18 per share, which equates to an equity value of approximately EUR 98.5 million ($156.1 million) and a trans...
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Avnet, Inc. Reports Preliminary Third Quarter Fiscal Year 2008 Results
Apr 15, 2008
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PHOENIX, Apr 15, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported that sales for third quarter fiscal 2008 ended March 29, 2008 are expected to be approximately $4.42 billion representing an increase of 13% over third quarter fiscal 2007, but towards the low end of expectations. Net income for third quarter fiscal 2008, excluding restr...
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Avnet, Inc. Completes Acquisition of Azzurri Technology Ltd.
Apr 1, 2008
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PHOENIX, Apr 01, 2008 (BUSINESS WIRE) -- Avnet Inc. (NYSE: AVT) today announced that it has completed its acquisition of UK-based distributor Azzurri Technology Ltd. Azzurri is one of Europe's leading design-in distributors of high technology semiconductors and embedded systems products. Azzurri will be integrated into Avnet Electronics Marketing E...
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Avnet, Inc. Schedules Third Quarter Fiscal Year 2008 Earnings Announcement
Mar 25, 2008
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PHOENIX, Mar 25, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that its third quarter fiscal year 2008 earnings announcement is scheduled to be webcast live via the Internet at www.ir.avnet.com on Thursday, April 24, 2008. Avnet will issue a press release outlining its financial results followed by an interactive webcast at 2:00 p....
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Avnet Announces Ratings Upgraded To Investment Grade by Moody's Investors Service
Feb 25, 2008
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PHOENIX, Feb 25, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE: AVT) today announced that Moody's Investors Service raised the corporate family and senior unsecured ratings of Avnet, Inc. to Baa3 from Ba1 with a stable outlook. In its report, released on February 22, 2008, Moody's cited, "The upgrade considers the solid execution, operating efficiency ...
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Avnet, Inc. to Present at the Thomas Weisel Partners 2008 Technology Telecom Internet Conference, Raymond James 29th Annual Institutional Investors Conference and the Citigroup 5th Annual Small & Mid-Cap Conference
Jan 28, 2008
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PHOENIX, Jan 28, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that the Company is scheduled to present at three technology conferences during the months of February and March.
Roy Vallee, Avnet's chairman and chief executive officer, will be presenting at the Thomas Weisel Partners 2008 Technology Telecom Internet Conference t...
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Avnet, Inc. Reports Second Quarter Fiscal Year 2008 Results Sales, EPS and ROCE Set Second Quarter Records
Jan 24, 2008
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PHOENIX, Jan 24, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported revenue of $4.75 billion for second quarter fiscal 2008 ended December 29, 2007, representing an increase of 22.2% over second quarter fiscal 2007. Pro forma revenue growth, as defined in the Non-GAAP Financial Information Section, was 6.3% over the prior year second qua...
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Avnet Chairman and CEO Roy Vallee to Ring the NYSE Closing Bell Live from the Super Bowl XLII Complex in Arizona
Jan 23, 2008
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PHOENIX, Jan 23, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT), a leading global technology distributor, announced today its Chairman and CEO Roy Vallee will join all Arizona NYSE Euronext-listed company chairmen, CEOs and senior executives live from Arizona to ring The Closing Bell(R), Friday, February 1, 2008. The Closing Bell signifies the clos...
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Avnet, Inc. To Acquire Azzurri Technology Ltd.
Jan 10, 2008
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PHOENIX, Jan 10, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that it has entered into a definitive agreement to acquire the UK-based distributor Azzurri Technology Ltd. Azzurri is one of Europe's leading design-in distributors of high technology semiconductors and embedded systems products. The closing of the transaction is subje...
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Avnet, Inc. Announces Corporate Officer Elections, Promotions
Jan 7, 2008
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PHOENIX, Jan 07, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced the election of four new corporate officers and the promotion of two others. John Paget, president, Avnet Technology Solutions Global; Jim Smith, president, Avnet Logistics; and K.P. Tang, president, Avnet Technology Solutions Asia Pacific, have all been elected as new ...
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Avnet, Inc. Acquires YEL Electronics Hong Kong Ltd.
Jan 2, 2008
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PHOENIX, Jan 02, 2008 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that it has acquired YEL Electronics Hong Kong Ltd. (YEL). YEL, which was established in 1992, is a leading distributor of interconnect, passive, electromechanical and limited semiconductor components in the Asia region, representing over 30 franchised suppliers.
YE...
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Avnet, Inc. Schedules Second Quarter Fiscal Year 2008 Earnings Announcement
Dec 26, 2007
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PHOENIX, Dec 26, 2007 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) announced today that its second quarter fiscal year 2008 earnings announcement is scheduled to be webcast live via the Internet at www.ir.avnet.com on Thursday, January 24, 2008. Avnet will issue a press release outlining its financial results followed by an interactive webcast at 2:00...
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Avnet, Inc. Completes Acquisition of IT Solutions Division of Acal plc
Dec 17, 2007
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PHOENIX, Ariz., Dec 17, 2007 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today announced that it has completed its acquisition of the IT Solutions Division of Acal plc. The acquired business, which has annual revenues of approximately $200 million, is a leading European value-added distributor for Storage Networking (SAN), Networking, Security, Elect...
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