Avnet Completes Acquisition of Servodata HP Division in the Czech Republic
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Avnet Technology Solutions / Avnet Completes Acquisition of Servodata HP Division in the Czech Republic processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Prague, 8 April 2010: Avnet, Inc.
acquisition of the HP Division of the value-added distributor Servodata a.s. in
the Czech Republic. The HP Division will now be integrated into the operations
of value-added solutions distributor Avnet Technology Solutions, which is an
operating group of Avnet, Inc. Avnet Technology Solutions' global presence
enables its business partners to enter new geographies and more efficiently
capitalize on international business opportunities.
"We are dedicated to accelerating the success of Avnet's customers and suppliers
by investing in long-term, profitable, shared growth opportunities. With the
acquisition of Servodata's HP Division in the Czech Republic, we are able to
provide a broader product offering of HP servers, storage systems, software and
services and additional technical expertise enabling Avnet's reseller partners
in the local market to expand their value and grow faster," said Dick Borsboom,
president of Avnet Technology Solutions, EMEA.
This acquisition builds on Avnet Technology Solutions' expansion strategy in
Central Europe as well as extending its successful partnership with HP. Avnet
Technology Solutions currently supports business partners in more than 30
countries throughout EMEA.
About Avnet Technology Solutions
As a global solutions distributor, Avnet Technology Solutions collaborates with
its customers and suppliers to create and deliver effective solutions that
address the business challenges of their end-user customers locally and around
the world. For fiscal year 2009, the group served customers in more than 30
countries and generated US $7.04 billion in annual revenue. Avnet Technology
Solutions is an operating group of Avnet, Inc. Visit:www.ts.avnet.com/emea/
About Avnet
Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest
distributors of electronic components, computer products and embedded technology
in the world. Avnet accelerates its partners' success by connecting the world's
leading technology suppliers with a broad base of more than 100,000 customers
and providing cost-effective, value-added services and solutions. For the fiscal
year ended June 27, 2009, Avnet generated revenue of $16.23 billion. For more
information, visitwww.avnet.com
492567495>.
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Press Contact:
Avnet Technology Solutions
Kirsten Klatt, European Marketing & Communications Director
Kirsten.klatt(at)avnet.com
Tel: +49 (0) 2153-733 328
[HUG#1401380]
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Datum: 08.04.2010 - 13:31 Uhr
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