Newsroom

Press Releases

In this section of the Avnet Newsroom, you'll find our press releases listed in chronological order and archived by year. Organize press releases with the dropdown menu or try the "Search terms" feature to search by keyword, date range and more.

Avnet, Dragon Innovation and Kickstarter Launch Hardware Studio
New Survey from Avnet Offers Insights into Moving Technology from Development to Market
September 19, 2017
For the growing entrepreneur community, there is good news and continuing challenges. The good news is that designers say they are finding it much easier today to identify the right technologies for their ideas and use those technologies to develop and test prototypes. On the flip side, they are finding it more difficult to identify the right market for sales for the products they are developing and to get financing. These results come from a U.
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Avnet Singapore Wins 2017 Best Distributor Xilinx Dedicated FAE Award for Xilinx Channel Taiwan and ASEAN Region
Recognized for Field Application Engineering Capabilities
September 18, 2017
Avnet (NYSE:AVT), a leading global technology distributor, recently received the 2017 Best Distributor Dedicated Field Application Engineering (DFAE) Award in Taiwan and ASEAN from Xilinx, Inc. (NASDAQ:XLNX), as a result of accelerating sales to achieve profitable growth.
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Avnet Adds Link to Americas’ LED Value Chain with Opulent Americas Agreement
September 11, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today announced the signing of a distribution agreement with Opulent Americas, Inc., part of Singapore-based Opulent Group. Effective immediately, Avnet’s technical sales and field-based LED lighting experts (Illumineers) will support customers using Opulent LED lighting modules, heat sinks and other integrated LED lighting components and systems for solid state lighting,
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Avnet, TD next Deal Extends Franchise Exclusive into the Americas
Agreement builds on highly successful engagement in Europe
August 30, 2017
Avnet (NYSE: AVT), a leading global technology distributor, and TD next, a business unit of Telecom Design, have signed an agreement expanding Avnet’s current franchise exclusive in EMEA to include the Americas.
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Avnet and Arizona State University Invite Enterprising Students to Compete in Second Annual ASU Innovation Open
Visionary student ventures from across the country are invited to compete for a $100,000 grand prize to further their new technology innovations
August 29, 2017
Avnet (NYSE: AVT), a leading global technology distributor, in partnership with Arizona State University (ASU) and the Ira A. Fulton Schools of Engineering, are accepting applications for the 2018 ASU Innovation Open (ASUio), a multi-round competition that supports student ventures from across the United States in driving technology innovation and entrepreneurship. Students will compete for a grand prize of $100,000 to continue
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Avnet Acquires Dragon Innovation
Simplifies the Hardware Path from Prototype through to Volume Production
August 22, 2017
Avnet (NYSE: AVT) announced today that it has acquired Dragon Innovation, expanding the global distributor’s portfolio of offerings for customers as they move from design to prototype to volume production. Dragon Innovation’s proven process and deep hardware experience help customers understand manufacturing costs and schedules, find factories and manage production as they scale their businesses.
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Avnet Reports Fourth Quarter and Fiscal Year 2017 Results
August 9, 2017
Avnet, Inc. (NYSE:AVT) today announced results for the fourth quarter and fiscal year ended July 1, 2017.

Fourth Quarter Results
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Avnet Announces Plan for Chief Financial Officer Transition
August 9, 2017
Avnet (NYSE: AVT) today announced that Kevin Moriarty, the Company’s Chief Financial Officer (CFO) for the past 4.5 years, has notified the Company of his decision to step down from the position due to personal reasons, effective August 18, 2017. Ken Jacobson, the Company’s controller, has been named interim CFO. Ken has been with Avnet for more than 4 years and brings a wealth of experience to this role.
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Avnet Eases Wireless Systems’ Development with Murata 1DX Wi-Fi Bluetooth Pmod
New interface module lets IoT systems’ designers add wireless capability to existing development kits
August 3, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today introduced the Murata 1DX Wi-Fi Bluetooth Pmod^™, a new interface module enabling designers of wireless, embedded and Internet of Things (IoT) systems to add wireless capabilities to existing development kits. Customers in the Americas and EMEA can now purchase the $59 AES-PMOD-MUR-1DX-G Pmod with Wi-Fi and Bluetooth from Avnet.com.
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Avnet Expands Rapid Prototyping Support with MikroElektronika Agreement in the Americas
July 26, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today announced a distribution agreement in the Americas with MikroElektronika, a leading provider of hardware and software tools supporting rapid prototype and product development.
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Avnet Honoured with 13 IP&E Supplier Awards in a Row
July 19, 2017
Avnet (NYSE:AVT), a leading global technology distributor, has hit double digit figures in awards won over the last four months, taking home 13 supplier awards and marking a momentous start to 2017 as it continues to strengthen its foothold in Asia Pacific.
The awards were presented by various technology partners across the region in recognition of Avnet’s outstanding performance in driving profitable growth and sales for the interconnect, passive and electromechanical (IP&E) business
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Avnet Unveils ‘Ask Avnet’ Industry’s First AI-to-Human Digital Platform
Customers invited to beta test for streamlined information access; new tool designed to accelerate time to market for new technology solutions
July 12, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today unveiled Ask Avnet, the industry’s first digital platform that integrates artificial intelligence (AI) and industry expertise on demand to help a wide range of customers, including engineers, procurement specialists and professional makers, find the critical insights and information they need daily to bring their technology solutions to market.
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Avnet Boosts Intelligent Lighting Portfolio with MOONS’ Franchise in the Americas
Deal also extends access to MOONS’ diverse line of high-accuracy, power-optimized motors
June 15, 2017
Avnet (NYSE: AVT), a leading global technology distributor, and MOONS’ Industries America, Inc., a leading motor and LED driver manufacturer, today announced the signing of an expanded franchise agreement, extending Avnet’s comprehensive supply chain optimization and technical support for MOONS’ line of motion control and intelligent LED lighting control products from EMEA to the Americas.
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Avnet Opens Registration for Visible Things Industrial IoT SpeedWay Design Workshop Series
June 14, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today announced that registration is now open for a series of interactive SpeedWay Design Workshops^™for designers of Industrial Internet of Things (IIoT) applications using Avnet’s SK002 Visible Things^™ IIoT Starter Kit.
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Avnet Introduces Cost-Optimized MiniZed Platform for Embedded Vision and Industrial IoT Systems
Single-Core Zynq-7000 SoC-based board delivers performance in small form factor for entry-level application development
June 13, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today introduced the compact and cost-effective MiniZed^™ Zynq SoC development platform. MiniZed provides an entry-level development and demonstration platform for single-core Xilinx^® Zynq^®-7000 All Programmable SoC devices. This cost-optimized solution supports cloud connectivity and industrial IoT applications such as motor control and embedded vision. The $89 starter kit is now
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Avnet Honored with Three Awards from Micron Technology for Best-in-Class Technical and Business Performance
June 7, 2017
SINGAPORE, June 07, 2017 – Avnet (NYSE:AVT), a leading global technology distributor, has been recognized for its outstanding technical and business performance at the Micron Technology Awards. Avnet Asia Pacific picked up the 2016 Most Valuable Player and Best Demand Creation awards, while Avnet Taiwan won Best Field Application Engineers Service 2016.
This marks the second year of Micron Technology's (NASDAQ:MU) awards program which recognizes distributors supporting the company’s
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Avnet Expands UbiquiOS Franchise into the Americas
New deal broadens customer access to secure, wireless connectivity stack
June 7, 2017
Avnet (NYSE: AVT), a leading global technology distributor, and UbiquiOS^™ Technology Limited, a leading provider of hardware-agnostic, wireless connectivity software, today announced a new distribution agreement that expands Avnet’s franchise rights with UbiquiOS to include the Americas. Effective immediately, Avnet will offer UbiquiOS’s integrated stack to customers in the Americas as well as Europe, accelerating the development of IoT-enabled
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Avnet Consolidates Distribution Centres
New Facility in Hong Kong to Support Growth in North Asia
May 25, 2017
HONG KONG, MAY 25, 2017 - Avnet (NYSE: AVT), a leading global technology distributor, announced today that it will be merging its distribution centres in to one new facility to increase productivity efficiency and speed-to-delivery.
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New Issue of Supply Chain Navigator from Avnet Celebrates Disruptive Innovation
E-pub showcases pioneering approaches to supply chain finance, employee engagement and global sourcing
May 23, 2017
Avnet, a leading global technology distributor, today released the May 2017 issue of Supply Chain Navigator, the award-winning journal dedicated to supply chain thought leadership. This special edition examines how industry leaders including Cisco, General Electric, Nestle, Nike and Puma are reimagining their businesses and their supply networks to keep pace with the leapfrog advances in the “golden triangle” - people, processes and technology - that
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Avnet Named Exclusive Global Distributor for Silego Technology
Strategic engagement will accelerate adoption of groundbreaking Configurable Mixed-signal IC technology

May 22, 2017
Avnet (NYSE: AVT), a leading global technology distributor, and Silego Technology today announced a new exclusive global distribution channel agreement. Effective immediately, Avnet will be Silego’s only global distributor and will serve as Silego’s sole demand creation distributor in the Americas and Europe. Avnet will also bolster Silego’s current regional distributor network in Japan, Korea, Taiwan and China.
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Avnet Helps Guide Makers’ Technology Ideas to Production at Maker Faire
Avnet to preview new initiative announced with Kickstarter and Dragon, plus showcase its communities and tools available to support makers in the technology product lifecycle
May 18, 2017
Avnet (NYSE: AVT), a leading global technology distributor, today announced its activities as a presenting sponsor at Maker Faire Bay Area beginning tomorrow at the San Mateo County Event Center.
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Avnet Unveils its ‘Smart Neighborhood’ at Internet of Things World
May 16, 2017
INTERNET OF THINGS WORLD -- Avnet (NYSE: AVT), a leading global technology distributor, will showcase how the Internet of Things (IoT) impacts daily life in its “Smart Neighborhood” at Internet of Things World , May 16-18 at the Santa Clara Convention Center. In Booth #302, Avnet will demonstrate smart home and smart city technology featuring its customers’ products and Avnet-designed development kits.
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Avnet Introduces Visible Things Development Kit for Industrial IoT Applications
May 16, 2017
INTERNET OF THINGS WORLD -– Avnet (NYSE: AVT), a leading global technology distributor, today announced a starter kit specifically designed for the development of Industrial Internet of Things (IIoT) applications. The SK002 Visible Things Industrial IoT Starter Kit adds to the company’s Visible Things^™ platform, which offers a complete development solution that enables engineers to get their IoT systems and applications quickly designed, tested
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Avnet’s Team of IoT Experts to Present at IoT World 2017
May 9, 2017
Avnet (NYSE: AVT), a leading global technology distributor, will share its IoT industry knowledge and expertise throughout Internet of Things World next week at the Santa Clara Convention Center. Executives representing Avnet’s leading team of IoT experts will share insights on how companies of all sizes can design, supply, build and deliver IoT products anywhere in the world. The conference kicks off on May 16 with a keynote from Lou
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Avnet Reports Third Quarter Fiscal Year 2017 Results
Investing in New Global ERP System to Support Digital Transformation Provides Fiscal 2018 Outlook Reflecting Impact of Supplier Program Changes

April 27, 2017
Avnet, Inc. (NYSE:AVT) today announced results for the third quarter fiscal year 2017 ended April 1, 2017.
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