Avnet, Inc.
Overview
Avnet, Inc. was founded in 1921 and is headquartered in Phoenix, Arizona, US. The company works with suppliers in every major technology segment to serve customers of every size. With more than 300 suppliers, the company design, make, supply, and deliver technology solutions to more than 1 million customers worldwide. Avnet serves a wide range of customers from startups and mid-sized businesses to enterprise-level original equipment manufacturers, electronic manufacturing services providers, and original design manufacturers. Farnell distributes a comprehensive portfolio of kits, tools, electronic components, industrial automation components, and test and measurement products to both engineers and entrepreneurs, primarily through an e-commerce channel. The company has more than 15,000 employees globally and operates in more than 300 locations and 140 countries across North America, Europe/Middle East/Africa (EMEA), and Asia-Pacific. As of July 2, 2022, the Company’s global workforce totaled approximately 15,300 employees across 48 countries. Avnet’s sales for fiscal 2022 were $24.31 billion.
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Quick Facts
| Company Name | Avnet, Inc. |
|---|---|
| Industry | Consumer Electronics & Computers Retail |
| HQ Address | Phoenix, Arizona, US |
| Revenue | $24.31 billion [2022] |
| Employee Size | 15300 |
| Company Type | Public |
| Fiscal Year-End | July 2nd |
| Website | www.avnet.com |
| Subsidiaries | Alpha 3 Manufacturing Ltd, AVID Technologies, Inc, Avnet (Asia Pacific Holdings) Limited, Avnet (Holdings) Ltd, Avnet (NZ), Avnet (Shanghai) Limited. and More |
| Locations | Over 140 countries |
| Competitors | Arrow Electronics, Inc., Future Electronics, World Peace Group |
| Recognition & Awards | Avnet was recognized as a CIO100 Award Winner for our Design Hub project |
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