More France IP Communications Stories
May 19, 2011
Avnet, Inc., a Fortune 500 company involved in distributing electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide, is acquiring Amosdec SAS (News - Alert), another technology distributor based in Paris.
The company has not disclosed the financial terms in this deal and is expected to close in July. The company is also aiming to increase its earnings immediately with this latest acquisition.
Graeme Watt, president of Avnet's technology solutions business in Europe, the Middle East and Africa said that Amosdec's in-depth expertise in software and services, combined with Avnet's strength in the data center, further expands their value proposition for reseller partners and suppliers in Europe.
In related news, company’s counterpart, Avnet Technology Solutions has announced a joint initiative with Cisco (News - Alert) and NetApp to provide reseller partners in the U.S. and Canada with validated data center solutions based on the on the FlexPod design architecture.
This new initiative will enable Avnet to offer its partners with a single source through its newly introduced FlexPod Services for all the products, assembly, testing, technical expertise and support they need to successfully bring FlexPod to market, highlighted by VMware solutions. Additionally, since Avnet is an authorized distributor for Cisco, NetApp and VMware, Avnet resellers will be able to utilize their traditional channel programs from these suppliers when selling FlexPod for VMware solutions.
Scott Look, vice president and general manager, Avnet Technology Solutions (News - Alert), Americas, Technology Infrastructure Solutions group said that their Avnet's FlexPod Services and our single-resource capabilities mean that their resellers and their customers are ensured a consistent and positive experience.' The new FlexPod Services, available to Avnet partners, are designed to help channel partners deliver FlexPod solutions faster, easier and more profitably.
Avnet’s reach helps its partners to attain success by connecting the world's leading technology suppliers with a broad base of more than 100,000 customers by providing cost-effective, value-added services and solutions. For the fiscal year ended July 3, 2010, Avnet generated revenue of $19.16 billion.
Jyothi Shanbhag is a contributing editor for TMCnet. To read more of Jyothi's articles, please visit her columnist page.
Edited by Rich Steeves