Through a combination of unique hardware, software and cloud connectivity solutions, Avnet (Nasdaq: AVT) will bring Internet of Things (IoT) technology to life during CES 2019. The leading global technology solutions provider will introduce enhanced end-to-end IoT capabilities that accelerate the prototyping and development of IoT solutions for customers, provide artificial intelligence (AI) at the…
Electronics distributors have carved out a niche for themselves in the explosive Internet of Things (IoT) market. Most IoT products use technologies familiar to designers — wireless components, sensors and interconnect, passive and electromechanical (IP&E) devices. Distributors are increasingly offering soup-to-nuts IoT solutions for customers, including security technologies and services. IoT and sensor technology experienced…
Avnet, Inc. (Nasdaq: AVT) today announced that it will acquire Softweb Solutions, Inc., a privately held software and Artificial Intelligence (AI) company that delivers innovative software solutions for Internet of Things (IoT) applications and systems designed to increase efficiency, speed time to market, and help businesses transform. Building on Avnet and Softweb’s track record for bringing…
Avnet (Nasdaq: AVT), a leading global technology solutions provider, today announced the release of SimplePlus Display Solutions globally. SimplePlus is a unique platform that simplifies the process of customizing LCD touch display solutions for applications spanning markets which include industrial automation, medical, transportation, and more. No matter the application, SimplePlus provides the ability to meet…
Success in today’s Internet of Things (IoT) marketplace requires unique combinations of hardware, software and security delivered in a timely manner to solve complex technical requirements. Now entrepreneurs and creators can expect to have a new solution that leverages Artificial Intelligence (AI) to help speed the development process through a new product being developed by…
As the electronics industry plows through calendar Q4, murmurs of uncertainty around 2019 are surfacing. Analysts say there’s a possibility that demand for electronic components will cool in 2019, and tariffs continue to fuel uncertainty throughout the electronics supply chain. “Semiconductor memory ASPs are going to fall. Semiconductor sales are going to decline. The U.S…
Avnet, Inc. (Nasdaq: AVT) today announced results for the first quarter ended September 29, 2018. First Quarter Key Financial Highlights Sales of $5.09 billion rose 9.2% year over year Sales grew 9.9% year over year in constant currency GAAP diluted EPS from continuing operations rose 53.2% to $0.72 year over year Adjusted diluted EPS from…
Implementing Internet of Things (IoT) projects can seem daunting, but it doesn’t have to be. Beginning this month, a new series of IoT Readiness Workshops from Avnet (Nasdaq: AVT), a leading global technology solutions provider, will prepare digital transformation teams to effectively deploy IoT projects in their organizations. Now open for registration, these IoT Readiness…
The Microchip Technology/Microsemi Corp. distribution channel is beginning to gel following the March acquisition of Microsemi by Microchip. Microsemi has joined Microchip in its authorization of Avnet Inc. to carry its complete product portfolio across the globe. This is the first major move by the merged entity as it assesses its combined distribution channel. For…
Avnet, Inc. (Nasdaq: AVT) today announced results for the fourth quarter and fiscal year ended June 30, 2018. Fourth Quarter Key Financial Highlights Sales of $5.06 billion increased 9.8% year over year Sales grew 6.7% year over year in constant currency GAAP operating income margin of 2.5% Non-GAAP adjusted operating income margin improved year over…