Avnet to acquire the HP Division of Servodata a.s. in the Czech Republic
(Thomson Reuters ONE) -
Avnet Technology Solutions / Avnet to acquire the HP Division of Servodata a.s. in the Czech Republic processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement.
Transaction Extends Avnet's Leadership Position in Value-Added Solutions
Distribution
Prague, Czech Republic, 4 March 2010 -Avnet, Inc.
AVT
definitive agreement to acquire certain assets of value-added distributor
Servodata a.s. in the Czech Republic. The acquired assets will be integrated
into the operations of Avnet Technology Solutions (TS), the value-added
solutions distribution leader and an operating group of Avnet, Inc. This
acquisition brings Avnet's reseller partners in the local market a broader
product offering and additional technical expertise enabling resellers to expand
their value and grow faster.
Founded in 1991, Servodata is a value added distributor of enterprise solution
components and infrastructure. Through this acquisition Avnet will be able to
provide servers, storage systems, software and services of HP to resellers in
the Czech Republic and builds on Avnet's expansion strategy in Central Europe as
well as extending its successful partnership with HP. The acquisition is
subject to customary regulatory approval and is expected to close in the second
quarter of 2010.
"This acquisition further solidifies our leadership position as the premier
value added distributor in the Czech Republic while bringing a talented group of
people helping to expand our HP practice in the Czech Republic." said Dick
Borsboom, president of Avnet Technology Solutions, EMEA.
"This divestiture of our HP business helps us focus on our core business and
gives the team joining Avnet a great opportunity to be part of a larger
organization that is recognized as a global leader in value added solutions
distribution," added Rostislav Jirkal, general manager of Servodata.
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/
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>.
###
Press Contact:
Avnet Technology Solutions
Kirsten Klatt, European Marketing & Communications Director
Kirsten.klatt(at)avnet.com
Tel: +49 (0) 2153-733 328
Investor Relations Contact:
Vince Keenan
Vincent.
Tel: 480-643-7053
[HUG#1390934]
--- End of Message ---
Avnet Technology Solutions
Lötscher Weg 66 Nettetal Germany
WKN: 850355;ISIN: US0538071038;
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 04.03.2010 - 11:02 Uhr
Sprache: Deutsch
News-ID 1010833
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
Nettetal
Phone:
Kategorie:
Business News
Anmerkungen:
Diese Pressemitteilung wurde bisher 75 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Avnet to acquire the HP Division of Servodata a.s. in the Czech Republic
"
steht unter der journalistisch-redaktionellen Verantwortung von
Avnet Technology Solutions (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
