• Home
  • News
  • Tech Data has agreed to acquire Avnet Technology Solutions

Tech Data has agreed to acquire Avnet Technology Solutions

Tech Data has agreed to acquire Avnet Technology Solutions business, a specialist in data center solutions, creating the most diverse end-to-end global IT distributor, offering solutions from the data center to the living room in more than 35 countries. (More)

Tech Data has agreed to acquire Avnet Technology Solutions business, a specialist in data center solutions, creating the most diverse end-to-end global IT distributor, offering solutions from the data center to the living room in more than 35 countries.

Bringing together teams with similar values and cultures, this combination significantly broadens our value-added distribution capabilities in the Americas and Europe, whilst enhancing Tech Data’s presence in Asia-Pacific and elsewhere for a more balanced geographic footprint.

Together Tech Data and Technology Solutions are better positioned to: capture opportunities in next-generation technologies, deliver differentiated value to our stakeholders, support employee career development and generate strong returns for shareholders. Together we offer expanded go-to-market capabilities via complementary skills, vendor relationships and new customers.

We believe this transformative transaction will bring significant opportunities to our channel community. Technology Solutions is an established leader in value-added distribution, delivering superior technology services, software, hardware and solutions across the data center, complementing Tech Data’s diversified portfolio and strategic areas targeted for growth.

It is important to emphasize that until the transaction closes, Tech Data will continue to operate as a separate, independent company and will work with customers as usual.

Full details for the acquisition are available here.

Read more news aticles

Azlan newsAzlan news