Avnet, Inc. AVT

Company Overview

Avnet, Inc. is a global technology solutions provider focused on electronic components distribution, embedded solutions, and supply chain and design services for original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and industrial customers. The company operates primarily in the electronics distribution industry and serves sectors including industrial automation, aerospace and defense, automotive, communications, healthcare, and data center infrastructure. Avnet generates most of its revenue through the distribution of semiconductors, interconnect products, passive and electromechanical components, embedded computing systems, and related engineering and logistics services.

The company’s principal business lines include Electronic Components distribution and Farnell, its global high-service distribution business focused on engineers, makers, and maintenance professionals. Avnet differentiates itself through its global supply chain infrastructure, engineering support capabilities, long-standing supplier relationships, and broad customer reach across both large OEMs and small-to-medium engineering customers. Founded in 1921 in New York as a surplus parts distributor, Avnet evolved through decades of acquisitions and expansion into one of the world’s largest electronics distributors, with a substantial international footprint and integrated logistics network.