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 to Report Third Quarter Fiscal Year 2019 Earnings on April 25
Conference call and webcast to follow at 1:30 p.m. PDT / 4:30 p.m. EDT
April 10, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a global technology solutions provider, today announced it will report financial results for the third quarter fiscal year 2019 on April 25 after market close. Following the earnings release, Avnet Chief Executive Officer Bill Amelio and Avnet Chief Financial Officer Tom Liguori will host a webcast and conference call at 1:30 p.m. AZ/PDT and 4:30 p.m. EDT to discuss the financial results and provide
Read More
New Financial Service Offers Software Companies a Simpler, More Profitable Path to Market
Avnet Direct Connect allows companies to maximize financial performance while delivering software applications on validated hardware platforms
April 10, 2019
PHOENIX--(BUSINESS WIRE)--Avnet Direct Connect, a financial service from global technology solutions provider Avnet (Nasdaq: AVT), gives software and original equipment manufacturer (OEM) customers the ability to deploy their applications on validated hardware solutions faster, easier and more profitably. Hardware can often stretch software companies’ finances and resources, especially those that need to focus primarily on software intellectual
Read More
Avnet to Showcase Connected IoT Ecosystem at Japan IT Week 2019
Avnet to exhibit latest end-to-end IoT solutions to simplify IoT development and deployment
April 4, 2019
Avnet, a leading global technology solutions provider, will showcase the latest Internet of Things (IoT) solutions at the IoT/M2M Expo of “Japan IT Week 2019” in Tokyo. During the three-day event from April 10-12, Avnet will introduce smart, market-ready IoT solutions that simplify IoT complexities for customers to reduce time to market, provide artificial intelligence (AI) at the edge, as well as edge-to-cloud solutions for applications that require secure connectivity.
Read More
Avnet Introduces Ultra96-V2 Development Board
Updated board includes new features for industrial applications and wider market reach
March 27, 2019
PHOENIX--(BUSINESS WIRE)--Just one year after introducing its successful Ultra96 development board, Avnet (Nasdaq: AVT), a leading global technology solutions provider, has released the new Ultra96-V2 to power industrial-grade Artificial Intelligence (AI) and Internet of Things (IoT) applications. Complete with an updated radio module that enables engineers to extend their reach into new markets, Avnet’s Ultra96-V2 is an ideal platform for smart
Read More
Avnet Leads Industry by Accepting Cryptocurrency
Digital payment option adds flexibility for customers bringing new technology to market
March 19, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions company, is working with BitPay, the largest global blockchain payment provider, to accept cryptocurrency for products and services. Today’s developers are looking for flexibility as they take their products to market, and this announcement provides our customers with more convenient ways to complete their financial transactions.
Read More
Avnet Named One of the World’s Most Ethical Companies for Sixth Straight Year
Ethisphere Institute honors Avnet for its global leadership and commitment to integrity
February 26, 2019
PHOENIX--(BUSINESS WIRE)--Business growth thrives in environments where leadership clearly and consistently focuses on guiding with purpose and integrity. For its continued commitment to these core values, Avnet (Nasdaq: AVT), a leading global technology solutions provider, has been recognized as one of the 2019 World’s Most Ethical Companies by the Ethisphere^®Institute, a global leader in defining and advancing the standards of ethical
Read More
Avnet Supply Chain Director Robert Cowan Named Supply & Demand Chain Executive 2019 ‘Pro to Know’
February 25, 2019
PHOENIX--(BUSINESS WIRE)--Navigating the global supply chain requires dedicated experts who understand the complexities of ensuring products get to where they need to be, when they need to be there. Underscoring its commitment to delivering supply chain expertise to its customers, global technology solutions company Avnet (Nasdaq: AVT) today announced Robert Cowan has been named a 2019 Pro to Know by Supply & Demand Chain Executive magazine.
Read More
Avnet Announces First Solution with LTE-M Connectivity that Provides AI and Security at the Edge
Combines Avnet’s SmartEdge Agile IoT device with Octonion’s Brainium software platform and Sequans’ Monarch chipset to enable plug and play connectivity solutions for IoT
February 25, 2019
BARCELONA, Spain--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, and Octonion, an Intelligent Edge IoT software provider, have teamed up with Orange, a mobile network operator, to launch a customized yet also modular ‘plug and play’ Avnet SmartEdge Agile IoT device using Octonion’s Brainium meta-sensing artificial intelligence (AI) software, designed specifically for the LTE-M network.
Read More
Avnet to Participate in Raymond James & Associates’ 40th Annual Institutional Investors Conference
February 20, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that the Company will participate in an upcoming financial conference.
Read More
Avnet Announces Executive Promotions
MaryAnn Miller and Ken Arnold take on new roles in Avnet’s Leadership Team
February 19, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions company, today announced two significant leadership promotions.
Read More
Avnet to Participate in the Goldman Sachs Technology and Internet Conference
Avnet presentation time revised to 2:40 p.m. PST
February 8, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, advised today that the time slot for the Company’s presentation at the Goldman Sachs Technology and Internet Conference next week has changed. The fireside chat to be presented by Avnet Chief Executive Officer Bill Amelio and Chief Financial Officer Tom Liguori now starts at 2:40 p.m. PST on Tuesday, February 12. The segment will be webcast live at
Read More
Avnet Declares Regular Quarterly Dividend
February 8, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that on February 7, 2019, its Board of Directors declared a regular quarterly cash dividend of $0.20 per share. The dividend will be paid on March 26, 2019 to shareholders of record as of the close of business on March 12, 2019.

About Avnet
Read More
Avnet Awards Strella Biotechnology $100,000 as Winner of ASU Innovation Open
Third annual competition recognizes forward-thinking IoT technologies by student engineers
February 4, 2019
PHOENIX--(BUSINESS WIRE)--The future of innovation is stronger than ever, and companies are continuously embracing creativity and supporting newfound ideas. In line with this trend, Avnet (Nasdaq: AVT), a leading global technology solutions company, and Arizona State University’s Ira A. Fulton Schools of Engineering, today awarded Strella Biotechnology with $100,000 as the winning team of the third annual ASU Innovation Open (ASUio), held at ASU
Read More
Avnet to Participate in the Goldman Sachs Technology and Internet Conference in February
January 29, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that the Company will participate in an upcoming financial conference.
Read More
Avnet Reports Second Quarter Fiscal 2019 Financial Results
Quarterly sales grew 12% year over year to $5.05 billion; GAAP diluted EPS of $0.33 decreased 30%; Adjusted diluted EPS of $1.04 rose 33%
January 24, 2019
PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced results for the second quarter ended December 29, 2018.

Second Quarter Key Financial Highlights
Read More
Avnet Named to FORTUNE’s “Most Admired Companies”
Industry recognition affirms Avnet’s commitment to growth and transformation
January 22, 2019
PHOENIX--(BUSINESS WIRE)--FORTUNE magazine today named Avnet (Nasdaq: AVT) among the “World’s Most Admired Companies” for 2019. This marks the 14^th time the global technology solutions provider has been recognized by FORTUNE for its strong reputation. Based on a survey of executives, directors and analysts, Avnet ranks among the most admired companies in the category of “Wholesalers: Electronics and Office Equipment.”
Read More
Avnet Journal Kicks off 2019 with Expert Insights on Navigating Supply Chain Volatility
January 14, 2019
January 14, 2019 – Avnet (Nasdaq: AVT), a leading global technology solutions provider, today released the January 2019 issue of Supply Chain Navigator. The issue offers a glimpse into some of the operational strategies and technology implementations leading supply chain organizations are leveraging to build the financial and foundational strength needed to enable businesses to innovate and grow amid increasingly unpredictable economic conditions.
Read More
Avnet to Report Second Quarter Fiscal Year 2019 Earnings on January 24
Conference call and webcast to follow at 2:30 p.m. MST / 4:30 p.m. EST
January 10, 2019
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a global technology solutions company, today announced it will report financial results for the second quarter fiscal year 2019 on January 24 after market close. Following the earnings release, Avnet Chief Executive Officer Bill Amelio and Avnet Chief Financial Officer Tom Liguori will host a webcast and conference call at 2:30 p.m. MST / 4:30 p.m. EST to discuss the financial results and provide a
Read More
Security Comes Full Circle: Avnet Advances IoT Security with Azure Sphere Starter Kit
New kit accelerates rapid prototyping by giving developers easy access to the fastest and easiest way to equip IoT endpoint devices to be highly secure
January 7, 2019
PHOENIX--(BUSINESS WIRE)--Security is the biggest challenge to developers bringing new IoT endpoint devices to market. To meet this need, leading global technology solutions provider, Avnet (Nasdaq: AVT) today introduced the Avnet Azure Sphere MT3620 Starter Kit, which supports rapid prototyping of IoT implementations using Microsoft’s Azure Sphere, an end-to-end solution for creating highly-secured, connected Microcontroller (MCU) devices.
Read More
Avnet Accelerates IoT Innovation at CES 2019
New IoT and AI technology enables rapid prototyping and security at the edge; Music: Not Impossible demonstrates the power of IoT solutions and services
January 3, 2019
PHOENIX--(BUSINESS WIRE)--Through a combination of unique hardware, software and cloud connectivity solutions, Avnet (Nasdaq: AVT) will bring Internet of Things (IoT) technology to life during CES 2019.
Read More
Survey of Product Developers Reveals Increasing Importance of IoT in Bringing New Technologies to Market
Partnerships help developers advance their innovations; security remains top challenge to IoT deployment

December 19, 2018
PHOENIX--(BUSINESS WIRE)--Internet of Things (IoT) and sensor technology experienced remarkable double-digit growth in 2018, yet security for IoT continues to be the greatest challenge for electronic product developers to overcome, according to new research from Avnet (Nasdaq: AVT), a leading global technology solutions provider.
Read More
Avnet Extends Samtec Franchise to Include Asia
Broadens global customer access and support to interconnect products
December 18, 2018
PHOENIX & NEW ALBANY, Ind.--(BUSINESS WIRE)--Building on their existing partnership, Avnet (Nasdaq: AVT), a leading global technology solutions provider, and Samtec, a privately held global manufacturer of a broad line of electronic interconnect solutions, today announced an extension of their distribution agreement. Avnet customers in Asia Pacific and Japan now have access to Samtec’s full product portfolio.
Read More
Avnet to Acquire Softweb Solutions; Adds Software and Artificial Intelligence to Ecosystem and Bolsters IoT Capabilities
Positions Avnet as the premier provider for AI, IoT and digital data platform solutions
December 12, 2018
PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (Nasdaq: AVT) today announced that it will acquire Softweb Solutions, Inc., a privately held software and Artificial Intelligence (AI) company that delivers innovative software solutions for Internet of Things (IoT) applications and systems designed to increase efficiency, speed time to market, and help businesses transform.
Read More
Avnet Introduces New Development Platform for Custom LCD Display Solutions
SimplePlus significantly reduces product development cycle
December 11, 2018
PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced the release of SimplePlus Display Solutions globally. SimplePlus is a unique platform that simplifies the process of customizing LCD touch display solutions for applications spanning markets which include industrial automation, medical, transportation, and more. No matter the application, SimplePlus provides the ability to meet user experience
Read More
Nexperia and Avnet Celebrate 50 Years of Success
Two industry leaders deliver performance and quality
December 11, 2018
Nexperia, the global leader in discretes, logic and MOSFET devices, and global technology solutions provider Avnet, which supports customers from idea to design and from prototype to production, today announce celebrating a half century of successfully working together with strong results.
Read More

Subscribe to Avnet News

Search Newsroom

Advanced Search