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.

  • September 5, 2018

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a global technology solutions company, today announced the new Multi-Camera FMC Module, an UltraZed-compatible device designed to help engineers more quickly and efficiently develop custom video systems using Xilinx MPSoCs, and in turn, allows customers to immediately start development of their vision applications.

  • August 29, 2018

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that the Board of Directors approved an expansion of the company’s current share repurchase authorization by $500 million. Avnet now has $722 million available for share repurchases when combined with prior authorizations.

  • August 28, 2018

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that Jo Ann Jenkins has been appointed to the company's board of directors. She will also serve on the audit and corporate governance committees.

    Jenkins is currently CEO of AARP, the world’s largest non-profit, non-partisan member organization. She joined AARP in June 2010 and has been leading it as CEO since September 2014

  • Avnet empowers horticulture businesses and users with long-range remote control sensing and lighting technologies at the largest horticulture trade exhibition in Asia

    August 27, 2018

    Avnet Asia Pacific showcased its end-to-end smart horticulture solutions this week at Horti Asia 2018.  

  • August 22, 2018

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced that two of its senior executives will participate in the Citi 2018 Global Technology Conference and the Deutsche Bank 2018 Technology Conference, both of which will take place in September.

  • Global rollout of new SOM and Carrier Card will accelerate embedded vision designs

    August 22, 2018

    PHOENIX--(BUSINESS WIRE)--Avnet (Nasdaq: AVT), a leading global technology solutions provider, today released the UltraZed-EV Starter Kit, providing designers with the core tools necessary to shape the future of advanced embedded vision design and turn their ideas into reality. By bundling the new UltraZed-EV System on Module (SOM) and Carrier Card, Avnet has created a complete platform for prototyping and evaluating embedded video processing

  • Fourth quarter sales rose 10 percent year over year

    Transformation delivered cash flow from operations of $236 million, the highest in five years

    August 8, 2018

    Avnet, Inc. (Nasdaq: AVT) today announced results for the fourth quarter and fiscal year ended June 30, 2018.

    Fourth Quarter Key Financial Highlights

  • Named Global Distribution Partner for Microsemi Portfolio

    July 31, 2018

    Avnet (Nasdaq: AVT), a leading global technology company, has been named a global distribution partner for Microsemi Corporation, a wholly owned subsidiary of Microchip Technology, Inc. As an extension of Avnet’s multiyear relationship with Microchip Technology, Inc. (Nasdaq: MCHP), Avnet customers now have immediate access to the complete Microsemi portfolio of semiconductor and system solutions for aerospace and defense, communications

  • Conference call and webcast to follow at 1:30 pm PDT / 4:30 pm EDT

    July 25, 2018

    Avnet (NASDAQ: AVT), a global technology company, today announced it will report financial results for the fourth quarter and fiscal year ended June 30, 2018, on August 8 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. PDT / 4:30 p.m. EDT to discuss the financial results and provide a corporate update

  • July 2, 2018

    Avnet (NASDAQ: AVT), a leading global technology distributor, announced today that it will begin to offer ParceLive, a real-time shipment tracking system, on a global basis to its customer base. The ParceLive service was developed by Hanhaa, a UK-based IoT innovator.

  • June 27, 2018

    At the Mobile World Congress Shanghai 2018 starting today, Avnet Asia Pacific will showcase innovative Narrowband IoT (NB-IoT) solutions together with its partners, to accelerate the commercialization of NB-IoT.

  • June 27, 2018

    Demonstrating its continued expertise in developing and managing strategic, value-enhancing supply chain solutions, Avnet (Nasdaq: AVT), a leading global technology company, has been recognized by research and advisory firm Gartner, Inc. as a high-tech supply chain organization.

  • Avnet Taiwan received the “Best Companies to Work for in Asia 2018 – Taiwan” fro

    Avnet wins HR Asia’s first award in Taiwan for “Best Companies to Work for in Asia 2018 – Taiwan”

    June 19, 2018

    Avnet Asia Pte Ltd has been named one of the Best Companies to Work for in Asia – Taiwan. This is the latest achievement by Avnet’s employees which builds upon the company’s previous recognition from HR Asia Awards in Hong Kong.  

  • June 13, 2018

    Avnet (Nasdaq: AVT), a leading global technology company, today announced that Tony Roybal has been named regional president, Americas electronic components for Avnet, reporting to Phil Gallagher, senior vice president and global president, electronic components.

    In his new role, Roybal will oversee all activities related to Avnet’s electronic components business in the Americas and manage the operations teams supporting the

  • element14 and Hackster.io comprise world’s largest community to support creators, professional engineers and entrepreneurs in technology product development

    June 12, 2018

    One million members have joined Avnet’s online communities, element14.com and Hackster.io, creating the world’s largest collaborative networks of engineers, entrepreneurs and developers who learn from each other’s product ideas. element14 and Hackster help product developers all over the world get work done faster and more effectively. Instead of scouring several sources for answers, members turn to the communities of Avnet (Nasdaq: AVT)

  • Companies align to accelerate delivery of differentiated IIoT products and services

    June 5, 2018

    Avnet (Nasdaq: AVT), a leading global technology distributor, and relayr, a global Industrial Internet of Things (IIoT) platform provider, have established a strategic alliance to accelerate the development and delivery of complete end-to-end IIoT solutions to customers throughout the Americas and Europe.

  • May 23, 2018

    Avnet (NASDAQ: AVT), a leading global technology company, today announced that Oleg Khaykin has been appointed to the company's board of directors. He will also serve on the audit committee and the corporate governance committee.

    Khaykin is currently president and CEO of Viavi Solutions, Inc., a provider of network and service enablement solutions. He is also a member of their board of directors. He joined Viavi in February

  • Hosts a series of workshops to connect entrepreneurs across the ecosystem and galvanize
    next-generation technology solutions

    May 22, 2018

    Avnet Asia Pacific reinforced its commitment to the maker and startup communities with a series of workshops held recently and designed to propel next-generation innovations. A team of technical experts from Avnet shared the latest developments in enabling IoT to a group of makers and aspiring entrepreneurs at the heart of Singapore’s startup base, JTC Launchpad. A joint workshop with A*STAR ETPL was also conducted for startups to understand the full spectrum of the IoT ecosystem to bring real

  • Conference title sponsor for the second consecutive year, Avnet demonstrates how it empowers more than 2 million customers to bring their IoT projects to life

    May 14, 2018

    Avnet (NASDAQ: AVT), a leading global technology company, will be showcasing its connected ecosystem this week at Internet of Things (IoT) World 2018, May 14-17 at the Santa Clara Convention Center in Santa Clara, Calif. The Avnet ecosystem is an expansive network of owned companies, services, solutions and partners that provides more than two million customers with the tools and resources they need to bring their IoT projects to market

  • Ticker symbol to remain “AVT”

    April 26, 2018

    Avnet (NYSE: AVT), a leading global technology distributor, announced today that it will transfer its stock exchange listing from the New York Stock Exchange to The Nasdaq Global Select Market (Nasdaq). The company expects that its common stock will commence trading on Nasdaq on May 8, and will continue to be listed under the “AVT” ticker symbol.

  • Strategic Initiatives Continue to Drive Improved Financial Performance

    April 26, 2018

    Avnet, Inc. (NYSE:AVT) today announced results for the third quarter ended March 31, 2018.

    Third Quarter Fiscal 2018 Highlights

  • April 2018 edition of Supply Chain Navigator also includes exclusive interview with HP Inc. CSCO Stuart Pann

    April 24, 2018

    Avnet (NYSE: AVT), a leading global technology distributor, released the latest edition of the Supply Chain Navigator, supply chain thought leadership journal, with an exclusive interview with HP Inc. Chief Supply Chain Officer Stuart Pann, and an in-depth look at how IoT connectivity in the Factory of the Future has put industrial supply chains in the crosshairs of the world’s most sophisticated and malicious cybercriminals.

  • Avnet Sigfox Conference 2018 will showcase end-to-end enterprise solutions for IoT and smart city applications

    April 18, 2018

    Avnet Asia Pacific will host the Avnet Sigfox Conference 2018 tomorrow at the Hong Kong Science Technology Park. The conference will showcase Avnet’s innovative enterprise solutions using Sigfox’s proprietary network technologies to support companies embarking on IoT projects.

  • New Avnet resource "From complexity to clarity" simplifies challenges in implementing embedded vision technologies

    April 5, 2018

    Avnet Asia Pacific, together with Xilinx, the leader in adaptive and intelligent computing, have launched a new resource that is a series of global offerings that removes the complexities around new embedded vision technologies and innovations. “From Complexity to Clarity” will feature content and analysis from experts in the industry and a line-up of webinars and events that will be made available throughout the year, offering extensive support for designers and developers adopting Avnet’s

  • Agreement extends existing European and APAC franchise relationship worldwide across Nordic’s complete range of wireless connectivity hardware, firmware, and development tools

    March 26, 2018

    Nordic Semiconductor today announced it has signed a new agreement with Avnet (NYSE: AVT), a leading global technology distributor, covering the distribution of Nordic’s Bluetooth® Low Energy (Bluetooth LE), ANT+, IEEE 802.15.4, and 2.4GHz proprietary ultra low power (ULP) wireless connectivity solutions in the Americas.