Avnet, Inc. is a technology Business-to-business B2B distributor headquartered in Phoenix, Arizona. Electronics Supply & Manufacturing magazine reports that Avnet Inc., a Fortune 500 company, may be the world's largest franchised distributor of electronic components and subsystems. Avnet has 16 centers and locations in more than 34 countries. Avnet Electronics Marketing is a technology industry based marketing, distribution and services company. It primarily sells electronic components from various manufacturers and provides engineering design-chain services. In Europe, the business... consists of Avnet Silica, Avnet Abacus, Avnet Embedded, Avnet Memec, and EBV. These operating entities are referred to as "Speedboats" within the business. Avnet Technology Solutions handles complete systems and products. They primarily provide services for other companies who wish to purchase all of their technology and training from a single source. Avnet Logistics employs more than 1,600 people and occupies approximately 1,300,000 square feet of warehousing space in 16 global locations, principally in North America, Europe and Asia.
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| NYSE symbol: | AVT |
| Founded: | 1921 |
| Headquarters: | Phoenix, Arizona |
| Legal structure: | Public company |
| Annual revenue: | $16,229,900,000 |
| Net income: | $-1,122,460,000 |
| Operating income: | $-1,019,290,000 |
| Market cap: | $5,300,000,000 |