Avnet

Avnet is a distributor of electronic components, computer and storage products. Read more

8,913 Followers on Owler
8,913 Followers on Owler
8,913 Followers on Owler
8,913 Followers on Owler

Avnet

Avnet is a distributor of electronic components, computer and storage products. Read more

Phil Gallagher's photo - CEO of Avnet

CEO

Phil Gallagher

CEO Approval Rating

88/100

Founded:

1921

Status:

PublicIndependent CompanyNYSEAVT

AVNET TOP COMPETITORS OR ALTERNATIVES

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Arrow Electronics is seen as one of Avnet's top competitors. Arrow Electronics's headquarters is in Centennial, Colorado, and was founded in 1935. Arrow Electronics competes in the Electrical Components & Equipment industry. Arrow Electronics generates 166% of Avnet's revenue.

Future Electronics is one of Avnet's top rivals. Future Electronics was founded in 1968, and its headquarters is in Pointe Claire, Quebec. Future Electronics competes in the Electrical Components & Equipment field. Future Electronics has 10,500 fewer employees than Avnet.

Mouser is Avnet's #3 rival. Mouser is a Private company that was founded in 1964 in Mansfield, Texas. Like Avnet, Mouser also works within the Electronic Equipment industry. Compared to Avnet, Mouser has 13,000 fewer employees.

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Avnet Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$18.5B

Avnet's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 11.2B. Over the last four quarters, Avnet's revenue has grown by 18.2%. Specifically, in Q2 2021's revenue was $4.9B; in Q1 2021, it was $4.7B; in Q4 2020, it was $4.7B; in Q2 2020, Avnet's revenue was $4.2B.

Avnet Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Witekio Holding

Sep 2019

Source »
undisclosed
Witekio is a provider of embedded system software integration solutions for industrial applications.
Softweb Solutions, Inc.

Dec 2018

Source »
undisclosed
Softweb is an IT services firm that provides application management, system integration, and software testing and quality assurance services.
Dragon Innovation, Inc.

Aug 2017

Source »
undisclosed
Dragon Innovation provides a cloud-based platform for manufacturers to manage manufacturing process for earlier stage products to factory selection and production oversight.
Hackster

Nov 2016

Source »
undisclosed
Hackster is an online hardware learning platform that allows users to design, and program internet-connected hardware.
Premier Farnell plc

Jul 2016

Source »
$911.3M
Premier Farnell is a distributor of technology products and solutions for electronic system design, maintenance and repair services.

These are all the companies that Avnet has acquired. Avnet has acquired 20 companies and its latest acquisition was Witekio Holding in Sep 2019. Witekio is a provider of embedded system software integration solutions for industrial applications.

Avnet Funding History

No recent funding data found related to Avnet

Avnet Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Defendry develops an AI based surveillance platform that detects weapons, masks and intruders for the defense industry.
$2.1M
Jul 23, 2019
Equity
-
$5M
Jun 06, 2019
Equity
-

These are all the companies that Avnet has invested in. Avnet has invested 20 companies and its latest investment was Witekio Holding in Sep 2019. Witekio is a provider of embedded system software integration solutions for industrial applications.

Avnet News

April 21, 2021Xinhua Finance Agency

Avnet Customers, Suppliers and Employees Reach Further Together to Make a Difference in the World Dur

New corporate sustainability report highlights company strategy and 100 Acts of Giving campaign prope... See more »
April 20, 2021FinanzNachrichten

Northforge Innovations Signs Representative Agreement for Broadcom Software Development Services

Avnet and EBV Elektronik to promote Northforge's support for StrataDNX, StrataXGS, BroadPTP, BroadSyn... See more »
April 19, 2021Benzinga

Avnet To Promote Northforge's Extension To Broadcomm's North America, EMEA Customers

Avnet Inc (NASDAQ: AVT) inked an agreement with software consulting and development company Northforg... See more »
March 17, 2021MarketScreener

Richard Diaz Named Supply & Demand Chain Executive 2021 "Pro to Know"

(marketscreener.com) Avnet's Richard Diaz Named Supply & Demand Chain Executive 2021 'Pro to Know' 03... See more »
March 3, 2021MarketScreener

qiio and Avnet Enter Strategic Solution and Distribution Partnership

(marketscreener.com) qiio® and Avnet Enter Strategic Solution and Distribution Partnership 03/03/2021... See more »
February 26, 2021EE World Online

SBCs carry i.MX RT1176 MCUs, target secure mission-critical apps

Avnet is enhancing the launch of NXP Semiconductor's i.MX RT1170 crossover MCU family with the MaaXBo... See more »
February 25, 2021MarketScreener

MaaXBoard RT Doubles as a Development Board and Building Block for Real-Time, Secure, High Computation-Based Applications

(marketscreener.com) Avnet MaaXBoard RT Doubles as a Development Board and Building Block for Real-Ti... See more »

Avnet Blogs

February 20, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

Avnet Helps Doctors Without Borders Fight Ebola

February 13, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

Music to Their Minds

February 6, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

A Fresh Start for Hungarian Abuse Victims

January 23, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

Avnet Helps HandsOn Greater Phoenix Score $25,000

January 16, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

Unleashing Their Inner Children

January 9, 2015AVNET TECHNOLOGY SOLUTIONS BLOG

Cooking up Fun for Kids

Avnet Press Releases

March 2, 2021Business Press 24

EBV Elektronik signs distribution deal with leading IIoT technology supplier Neoway

EBV Elektronik, an Avnet company (NASDAQ: AVT), has confirmed that it is now distributing the full ar... See more »
November 11, 2020Business Press 24

EBV plays pivotal role in construction of space-optimized robotic arms

EBV Elektronik, an Avnet company (NASDAQ: AVT), has underlined its support for ongoing space endeavou... See more »
November 9, 2020Business Press 24

Avnet Silica advances Tattile''s ANPR camera with leading-edge Xilinx technologies

Avnet Silica, an Avnet company (NASDAQ: AVT), and Tattile, a fast growing technology leader in the de... See more »
October 26, 2020Business Press 24

Avnet Silica hosting ''Sensing Discovery Day'' webcast series featuring technology insights from leading sensor specialists

Avnet Silica, an Avnet company (NASDAQ: AVT), is hosting a series of free half-day online insights an... See more »
October 15, 2020Business Wire

Avnet to Report First Quarter Fiscal Year 2021 Earnings on October 28

PHOENIX--(BUSINESS WIRE)--Avnet to report first quarter fiscal year 2021 earnings on October 28.... See more »
August 20, 2020Business Wire

Avnet to Participate in Virtual Investment Banking Conferences in September

PHOENIX--(BUSINESS WIRE)-- #Avnet--Avnet to participate in virtual investment banking conferences in ... See more »
August 11, 2020Business Wire

Hackster.io, Smart Parks, and Key Industry Partners to Build World's Most Advanced Elephant Tracker

PHOENIX--(BUSINESS WIRE)-- #Avnet--Hackster.io, Smart Parks, and key industry partners to build world... See more »

Avnet Videos

March 20, 2019Avnet Youtube Channel

"Not Impossible Labs" on YOUTUBE

March 20, 2019Avnet Youtube Channel

"Embedded Franchise Partners" on YOUTUBE

March 20, 2019Avnet Youtube Channel

"NXP boards" on YOUTUBE

March 20, 2019Avnet Youtube Channel

"Apollo Lake boards" on YOUTUBE

March 20, 2019Avnet Youtube Channel

"Xilinx Modules" on YOUTUBE

Social Media

Avnet Headquarters

2211 South 47th Street

Phoenix, Arizona85034

480-643-2000

Driving Directions »

Trending Companies

Avnet Summary

ABOUT

Overview

Avnet, Inc. (NYSE: AVT) provides electronic parts, enterprise computing and storage products and embedded subsystems. Founded in 1921 and headquartered in Phoenix Arizona, it distributes computer products and semiconductors, as well as interconnect, p...

CEO

Avnet's CEO, Phil Gallagher, currently has an approval rating of 88%. Avnet's primary competitors are Arrow Electronics, Future Electronics & Mouser.

Website

avnet.com

Frequently Asked Questions about Avnet

  1. When was Avnet founded?

    Avnet was founded in 1921
  2. Who is Avnet's CEO?

    Avnet's CEO is Phil Gallagher
  3. How much revenue does Avnet generate?

    Avnet generates $18.5B in revenue
  4. How much funding does Avnet have?

    Avnet has historically raised $0 in funding
  5. Where is Avnet's headquarters?

    Avnet's headquarters is in Phoenix Arizona, USA
  1. How many employees does Avnet have?

    Avnet has 15,500 employees
  2. What sector does Avnet operate in?

    Avnet is in Technology Hardware, Electronic Equipment, Computers & Peripherals
  3. Who are Avnet's competitors?

    Avnet's top competitors are Arrow Electronics, Future Electronics, Mouser
  4. Who has Avnet invested in?

    Avnet's has invested in companies such as Defendry, ARC Devices