Avnet Inc

Avnet Inc a technology solutions company markets sells and distributes electronic components The company operates through two segments Electronic Components and Farnell The Electronic Components segment markets sells and distributes semiconductors interconnect passive and electromechanical devices and other integrated components from electronic component manufacturers It also offers design chain support that provides engineers with technical design solutions engineering and technical resources to support product design bill of materials development and technical education and training and supply chain solutions that provide support and logistical services to original equipment manufacturers electronic manufacturing service providers and electronic component manufacturers In addition this segment provides integrated solutions such as technical design integration and assembly of embedded products and systems and solutions primarily for industrial applications as well as for intelligent and innovative embedded display solutions comprising touch and passive displays Further it develops and manufactures standard board and industrial subsystems and applicationspecific devices that enable it to produce systems tailored to specific customer requirements This segment serves various markets such as automotive medical defense aerospace telecommunications industrial and digital editing The Farnell segment distributes kits tools and electronic and industrial automation components as well as test and measurement products to engineers and entrepreneurs It has operations in the Americas Europe the Middle East Africa and the Asia Pacific Avnet Inc was founded in 1921 and is headquartered in Phoenix Arizona