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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