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.

  • 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.

  • Interactive “digital sky” and IoT Greenhouse demonstrations on display at Avnet’s custom-built LFI pavilion

    April 25, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, announced today that Avnet Illumineer Bob Householder will be among the featured course instructors at this year’s LIGHTFAIR® International (LFI®), May 7-8, 2017, at the Pennsylvania Convention Center, Philadelphia. LFI is the world’s largest annual commercial lighting conference and trade show.

  • April 20, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, and Xilinx, Inc., the leading provider of All Programmable products, today announced a renewed commitment to their successful Primary Global Channel relationship of 31 consecutive years and wider distribution of Xilinx’s All Programmable products.

  • Deal brings product and support to customers in growth markets including eMobility

    April 19, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, and Bel Fuse Inc. (NASDAQ:BELFA and NASDAQ:BELFB), a leading global manufacturer of products that power, protect and connect electronic circuits, today announced the signing of an expanded franchise agreement.

  • April 18, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, today announced the appointment of Philip Gallagher to the role of global president of Avnet’s Core Distribution Business, reporting to CEO William Amelio. In his new role, Gallagher will oversee the company’s core distribution business, as well as its supplier relationships, global procurement and supply chain solutions business.

  • April 18, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, today announced that Ray M. Robinson submitted his resignation from the company’s Board of Directors effective May 1, 2017.

  • April 6, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, announced today that MaryAnn Miller, Senior Vice President, Chief HR Officer and head of Global Marketing and Communications has been named one of 2017’s 50 Most Powerful Women in Technology by the National Diversity Council. This is the third time in her 11-year tenure with Avnet that Miller has received this distinguished honor, first in 2014 and again in 2015.

  • New brand reflects the company’s purpose of guiding today’s ideas into tomorrow’s technology

    April 3, 2017

    Highlighting its ongoing mission to help customers navigate an ever-changing technology landscape, Avnet (NYSE: AVT) today introduced “Reach Further,” its new global branding campaign. Reach Further reflects Avnet’s corporate transformation as well as the collaborative relationship with the company’s customers in navigating the complex process of bringing new technology to the marketplace.

  • Finalists will compete for $100,000 at final round pitch competition on April 2

    March 29, 2017

    As part of its ongoing partnership with Arizona State University (ASU) to drive technology innovation and entrepreneurship, Avnet (NYSE:AVT) is sponsoring the inaugural ASU Innovation Open (ASUio). The final round of the ASUio, the ASUio Demo Day, will take place this Sunday, April 2 at Arizona State University’s Beus Center for Law and Society, from 1:30 to 4:00 p.m.

  • Appointment underscores Avnet’s continued IoT leadership and growth strategy

    March 28, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, today announced the promotion of Lou Lutostanski to the role of vice president of Internet of Things (IoT), effective immediately. Lutostanski will report directly to Pete Bartolotta, chief transformation officer for Avnet. In his new role, Lutostanski will strengthen Avnet’s IoT strategy and further Avnet’s reach to makers, entrepreneurs, startups and other IoT innovators

  • Ethisphere Institute honors Avnet for the fourth consecutive year for leading with integrity and aligning its principles with action

    March 13, 2017

    Avnet (NYSE: AVT) has been recognized as a 2017 World’s Most Ethical Company® for the fourth consecutive year by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

  • March 1, 2017

    Avnet (NYSE: AVT), a leading global technology distributor, today announced that Supply & Demand Chain Executive has selected Gerrit de Haas, vice president, Logistics for EMEA, and Yael Shloush, supply chain solutions architect, as 2017 Pros to Know. The Supply & Demand Chain Executive Pros to Know is an annual listing of the top supply and demand chain industry professionals. With these awards, a total of 13 Avnet executives

  • Creates a unique distribution model in the electronic components industry that supports customers at every stage of the product innovation and lifecycle

    February 27, 2017

    Today, Avnet (NYSE: AVT) announced it has completed the sale of its Technology Solutions business to Tech Data Corporation (NASDAQ: TECD). With the divestiture of these operations, Avnet is now solely focused on electronic components and integrated and embedded solutions, supporting its customers, ranging from makers to startups to large technology manufacturers, at every stage of the product lifecycle as they bring their latest

  • Companies announce managed services agreement and introduce Avnet’s new Global LTE IoT Starter Kit

    February 26, 2017

    BARCELONA, Spain--(BUSINESS WIRE)--Mobile World Congress - Avnet (NYSE: AVT), a leading global technology distributor, and AT&T Inc. (NYSE:T) today announced an agreement to offer AT&T’s Internet of Things (IoT) managed services as a part of Avnet’s growing IoT solutions stack.

  • February 23, 2017

    PHOENIX--(BUSINESS WIRE)--Avnet (NYSE: AVT), a leading global technology distributor, continues to demonstrate industry-leading commitment to facilitating customers’ introduction of differentiated embedded systems with the release today of the UltraZed PCIe Carrier Card and associated reference designs.

  • Technology Solutions business expands its cloud and virtualization portfolio

    February 22, 2017

    Avnet (NYSE: AVT) today announced that it is teaming with Tintri in Brazil. Avnet will distribute solutions from Tintri, a leading producer of all-flash storage for enterprise cloud. With Tintri products, partners will be able to offer their customers the agility of public cloud in their own data centers – for control of costs and predictable performance.

  • 5-4-3 Innovation Acceleration process allows partners to rapidly scope, design, produce and test working IoT prototype devices for their customers

    February 21, 2017

    PHOENIX--(BUSINESS WIRE)--Avnet (NYSE: AVT) today introduced a unique service to jumpstart partners’ abilities to create Internet of Things (IoT) solutions for their customers. Available to the channel only through Avnet’s Technology Solutions business, U.S. and Canada partners will now have access to relayr’s 5-4-3 Innovation Acceleration process.

  • Executives honored for their roles in accelerating growth in the Americas for Avnet and its channel partners

    February 20, 2017

    PHOENIX – February 20, 2017Avnet (NYSE: AVT) today announced that CRN®, a brand of The Channel Company, named Jeff Bawol, president of Avnet Technology Solutions, Americas, and Sergio Farache, senior vice president, strategy and specialist business units, Avnet Technology Solutions, Americas, to its prestigious list of 2017 Channel Chiefs. The executives on this annual list represent top leaders in the IT channel who excel at driving growth and revenue in their organizations through channel

  • Allows partners to offer specialized cybersecurity threat analyses for their healthcare and retail customers in 40+ key areas

    February 20, 2017

    ORLANDO, Fla.--(BUSINESS WIRE)--Avnet (NYSE: AVT) today unveiled two new security assessment services tailored to the unique needs of the healthcare and retail industries. Partners in the U.S. and Canada can leverage these services to quickly determine the strength of their customers’ security postures and measure customers’ security approaches compared to the overall healthcare or retail industry.

  • Avnet recognized on the annual list for the eleventh consecutive year

    February 16, 2017

    Avnet (NYSE: AVT) was honored on FORTUNE magazine’s “World’s Most Admired Companies” list for 2017 in the wholesalers: electronics and office equipment category. This marks the eleventh consecutive year that FORTUNE has recognized Avnet for its continued leadership and management in areas such as financial soundness; global competitiveness; long-term investment value; people management; quality of products and services; and use of

  • Watson-based solutions lab will empower clients to transform IoT ideas into reality

    February 16, 2017

    MUNICH--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT) today announced a collaboration with IBM (NYSE: IBM) to accelerate the time to market for IoT solutions. Led by its Technology Solutions team, Avnet will team with IBM to establish a Watson Internet-of-Things (IoT) Joint Lab within IBM’s newly opened global Watson IoT Center in Munich, Germany. Avnet will use this unique environment to showcase, demonstrate, develop and sell innovative IoT

  • February 16, 2017

    PHOENIX--(BUSINESS WIRE)--Avnet (NYSE: AVT) announced today that Gerry Fay, president of Avnet Electronics Marketing (EM), has decided to step down from his position and will depart the company to pursue external opportunities. As a result, other leadership and organizational changes are being made to streamline operations and better position Avnet for long-term profitable growth.

  • Membership in the AWS Authorized Government Reseller Program enables partners to access AWS-based solutions within state and local government organizations and the education market

    February 14, 2017

    PHOENIX--(BUSINESS WIRE)--Avnet, Inc. (NYSE: AVT) today announced that its Technology Solutions business can now provide solutions on the Amazon Web Services (AWS) Cloud to state and local government organizations and education institutions (SLED) through the AWS Authorized Government Reseller Program. Avnet partners can address their SLED customers’ needs through the award-winning Avnet Cloud Marketplace, which provides a one-stop shop for

  • February 8, 2017

    PHOENIX--(BUSINESS WIRE)--Avnet Technology Solutions (NYSE: AVT), today announced that its training division, Avnet Academy, is expanding its education portfolio to include comprehensive training courses for Lenovo’s System x and Flex products. This is now available to partners and their customers in all the countries where Avnet operates around the globe.

  • Avnet’s top partners in the U.S. and Canada recognized with awards for their success in services, next-generation technologies and vertical markets

    January 31, 2017

    Avnet, Inc. (NYSE: AVT) today announced the winners of its third annual Avnet Partner Awards, a competition that tracks, measures and rewards 11 U.S. and Canada partners of the Avnet Technology Solutions business for their performance in the IT channel.