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<title><![CDATA[Avnet TS EMEA Press]]></title>
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<title><![CDATA[Avnet Brings Together Industry Leaders to Create  “One Vision” for Growth]]></title>
<description><![CDATA[Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), held its annual Computer Components European sales conference the 15th to 18th October 2009 in Malta. Attended by more than 150 Avnet Business Partners, the conference was themed &ldquo;One Vision,&rdquo; which underlines Avnet&rsquo;s solutions-driven approach to technology sales and marketing. The event provided attendees with an in-depth look into the business strategies and industry trends they need to create opportunities for accelerated success throughout the region.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/7211/avnet_brings_together_industry_leaders_to_create_one_vision_for_growth.html</link>
<pubDate>Mon, 09 Nov 2009 14:36:00 GMT</pubDate>
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<title><![CDATA[Avnet and Kodak Service Agreement Enhances Customer Service and Choice]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT) today announced that it has signed a service agreement with Kodak, the world&rsquo;s foremost imaging innovator.&nbsp; Under the terms of the agreement, Kodak will service the majority of document scanners distributed by Avnet in the UK and Ireland for various manufacturers, enhancing Avnet&rsquo;s existing service offerings in these regions. &nbsp;Further European countries will be added to the agreement later in the year.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/7161/avnet_and_kodak_service_agreement_enhances_customer_service_and_choice.html</link>
<pubDate>Mon, 02 Nov 2009 16:55:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports First Quarter Fiscal Year 2010 Results]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) today reported revenue of $4.36 billion for the first  quarter fiscal 2010 ended October 3, 2009, representing a decrease of 3.1% over  the first quarter fiscal 2009 and a 0.6% decrease excluding the impact of  changes in foreign currency exchange rates. On a pro forma (organic) basis, as  defined in the Non-GAAP Financial Information Section, revenue declined 6.5%  over the prior year first quarter. Net income for the first quarter fiscal 2010  was $50.9 million, or $0.33 per share on a diluted basis, as compared with net  income of $90.3 million, or $0.59 per share on a diluted basis, for the first  quarter last year. Included in the current and prior year quarters are  restructuring, integration and other items amounting to $16.3 million after-tax,  or $0.11 per share on a diluted basis, and $11.4 million after-tax, or $0.08 per  share on a diluted basis, respectively. Details on these items are more fully  described in the Non-GAAP Financial Information section of this release.  Excluding these items in both periods, net income for the current year first  quarter was $67.2 million, or $0.44 per share on a diluted basis, as compared  with $101.7 million, or $0.67 per share on a diluted basis, in the prior year  period. Due to the Company's 52/53-week fiscal calendar, the results for the  first quarter of fiscal year 2010 included a fourteenth week as compared with  the typical thirteen weeks.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/7121/avnet_inc_reports_first_quarter_fiscal_year_2010_results.html</link>
<pubDate>Thu, 29 Oct 2009 09:17:00 GMT</pubDate>
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<title><![CDATA[Avnet Recognized as AMD’s Global Distributor of the Year]]></title>
<description><![CDATA[Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), announced today that it was named AMD&rsquo;s (NYSE:AMD) top-performing global distributor during the recent AMD Executive Forum 2009, held in Austin, Texas. AMD selected Avnet for this honor based on its ability to expand AMD&rsquo;s market presence and revenues globally. AMD also awarded Avnet three regional distinctions, naming Avnet as distributor of the year in ANZ, EMEA and North America.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/7001/avnet_recognized_as_amds_global_distributor_of_the_year.html</link>
<pubDate>Tue, 27 Oct 2009 18:00:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions Receives TANDBERG’s Channel Development Partner of the Year Award]]></title>
<description><![CDATA[Avnet Technology Solutions, the solutions distribution leader and an operating group of Avnet, Inc. (NYSE: AVT), announced today that they have been recognized as the Channel Development Partner of the Year for EMEA by TANDBERG, the leading global provider of video conferencing and telepresence solutions. Avnet received the award on the 11th October at the TANDBERG EMEA Partner Summit in Lisbon, Portugal.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/7111/avnet_technology_solutions_receives_tandbergs_channel_development_partner_of_the_year_award.html</link>
<pubDate>Mon, 26 Oct 2009 16:19:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions Partners with Lanamark to Bring a Supplier-neutral Virtualisation Sales and Services Automation Platform to the IT Channel]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added IT distributor and an operating group of Avnet, Inc. (NYSE: AVT), has signed an European distribution agreement with Lanamark, a global provider of virtualisation sales and services automation platforms that enable solution providers to accelerate design and delivery of supplier-neutral desktop virtualisation, server virtualisation and storage solutions.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/6851/avnet_technology_solutions_partners_with_lanamark_to_bring_a_supplierneutral_virtualisation_sales_and_services_automation_platform_to_the_it_channel.html</link>
<pubDate>Wed, 30 Sep 2009 08:31:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions Expands capabilities in EMEA and Adds Two New Solution Practices]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added distributor of enterprise computing solutions and an operating group of Avnet, Inc. (NYSE:AVT), today announced the expansion of its EMEA business and has appointed Wayne Gratton as director of Unified Communications&nbsp;EMEA&nbsp;and Mickey Bharat as director&nbsp;of Independent Software&nbsp;EMEA. These promotions will strengthen Avnet Technology Solutions' focus on two high-growth technology market segments - unified communications and independent software solutions.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/6551/avnet_technology_solutions_expands_capabilities_in_emea_and_adds_two_new_solution_practices.html</link>
<pubDate>Mon, 14 Sep 2009 11:35:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports Fourth Quarter and Fiscal Year 2009 Results]]></title>
<description><![CDATA[(BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported revenue of $3.77 billion for the        fourth quarter fiscal 2009 ended June 27, 2009, representing a decrease        of 19.5% over the fourth quarter fiscal 2008 and 14.7% excluding the        impact of changes in foreign currency exchange rates. On a pro forma        (organic) basis, as defined in the Non-GAAP Financial Information        Section, revenue declined 24.7% over the prior year fourth quarter. Net        loss for the fourth quarter fiscal 2009 was $30.9 million, or $0.20 per        share, as compared with net income of $144.1 million, or $0.95 per share        on a diluted basis, for the fourth quarter last year. Included in the        current quarter are impairment charges and restructuring, integration        and other items amounting to $78.9 million after-tax, or $0.52 per        share. Included in the prior year quarter is income of $15.9 million, or        $0.10 per share on a diluted basis, related to the gain on the sale of        Calence LLC, partially offset by restructuring, integration and other        charges. Details on these items are more fully described in the Non-cash        Impairment Charges section and the Non-GAAP Financial Information        section of this release. Excluding these items in both periods, net        income for the current year fourth quarter was $48.0 million, or $0.32        per share, as compared with $128.2 million, or $0.85 per share on a        diluted basis, in the prior year period.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/6361/avnet_inc_reports_fourth_quarter_and_fiscal_year_2009_results.html</link>
<pubDate>Wed, 05 Aug 2009 15:07:00 GMT</pubDate>
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<title><![CDATA[Avnet names Jamal Qaffaf General Manager Middle East]]></title>
<description><![CDATA[Avnet Technology Solutions EMEA, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT), announces the appointment of Jamal Qaffaf as General Manager Middle East, effective on the 1st of July.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/6271/avnet_names_jamal_qaffaf_general_manager_middle_east.html</link>
<pubDate>Mon, 29 Jun 2009 10:58:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions picks up prestigious Motorola award]]></title>
<description><![CDATA[For the second year running Avnet Technology Solutions (Avnet), the value-added IT distributor, has been recognised for its distribution excellence.&nbsp; This month, Motorola presented Avnet with the prestigious EMEA Motorola Wireless Broadband 2008 award in recognition of its top sales position in 2008.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/6121/avnet_technology_solutions_picks_up_prestigious_motorola_award.html</link>
<pubDate>Wed, 27 May 2009 08:58:00 GMT</pubDate>
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<title><![CDATA[Avnet Rises to No. 144 on Fortune 500]]></title>
<description><![CDATA[Avnet, Inc., (NYSE: AVT) a global technology marketing, distribution and services company, climbed to No. 144 on the annual Fortune 500 list of America's largest corporations and has also been named to Fortune&rsquo;s top 20 most profitable tech companies .]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5911/avnet_rises_to_no_144_on_fortune_500.html</link>
<pubDate>Mon, 04 May 2009 14:45:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports Third Quarter Fiscal Year 2009 Results]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) today reported revenue of $3.70 billion for the third quarter fiscal 2009 ended March 28, 2009, representing a decrease of 16.3% over the third quarter fiscal 2008 and 10.5% excluding the impact of changes in foreign currency exchange rates. On a pro forma (organic) basis, as defined in the Non-GAAP Financial Information Section, revenue was down 22.3% over the prior year third quarter. Net income for the third quarter fiscal 2009 was $18.0 million, or $0.12 per share on a diluted basis, as compared with net income of $107.2 million, or $0.71 per share on a diluted basis, for the third quarter last year. Included in the current quarter and year-ago quarter are restructuring, integration and other items amounting to $0.18 and $0.05 per share on a diluted basis, respectively, as more fully described in the Non-GAAP Financial Information section of this release. Excluding these charges in both periods, net income for the current year third quarter was $44.8 million, or $0.30 per share on a diluted basis, as compared with the prior year quarter's net income of $114.8 million, or $0.76 per share on a diluted basis.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5851/avnet_inc_reports_third_quarter_fiscal_year_2009_results.html</link>
<pubDate>Thu, 23 Apr 2009 09:18:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions wins Sun Channel Development Partner of the Year Award for the Second Year running ]]></title>
<description><![CDATA[Avnet Technology Solutions (Avnet), the value-added IT distributor, picked up two achievement awards at Sun's recent annual awards ceremony.&nbsp; For the second year running Sun awarded Avnet with the distinguished Channel Development Partner of the Year Award in recognition of its success in supporting and driving business growth with Sun's Principal and Associate Partners. In addition Andy James of Avnet collected the Systems Engineer of the Year Award for demonstrating a significant technical contribution to the Sun business.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5571/avnet_technology_solutions_wins_sun_channel_development_partner_of_the_year_award_for_the_second_year_running.html</link>
<pubDate>Fri, 13 Mar 2009 13:18:00 GMT</pubDate>
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<title><![CDATA[Avnet names Eddy Bergiers Regional Sales Director France and Benelux]]></title>
<description><![CDATA[Avnet Technology Solutions EMEA, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT), announces the appointment of Eddy Bergiers as regional sales director France and Benelux, effective immediately.&nbsp;&nbsp;]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5491/avnet_names_eddy_bergiers_regional_sales_director_france_and_benelux.html</link>
<pubDate>Thu, 05 Mar 2009 10:36:00 GMT</pubDate>
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<title><![CDATA[Avnet Completes Joint Venture in Turkey]]></title>
<description><![CDATA[Avnet, Inc. (NYSE: AVT) announced today that it has completed its joint venture with Sanko Holding Group in Turkey. The joint venture, Avnet Technology Solutions Sanayi ve Ticaret A.S., will now be part of the operations of Avnet Technology Solutions Europe, Middle East and Africa (EMEA).]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5371/avnet_completes_joint_venture_in_turkey.html</link>
<pubDate>Mon, 23 Feb 2009 14:00:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions appointed as First Pan European Value Added Distributor by I.R.I.S.]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT) and I.R.I.S. Group, a publicly traded company (Euronext Brussels: IRI), and market leader in high speed scanning, Optical Character Recognition (OCR), compression and Intelligent Document Recognition (IDR), today announced that they have entered into a Pan-European Value Added Distribution Agreement.&nbsp;]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5331/avnet_technology_solutions_appointed_as_first_pan_european_value_added_distributor_by_iris.html</link>
<pubDate>Tue, 03 Feb 2009 20:45:00 GMT</pubDate>
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<title><![CDATA[Dot Hill Systems Corp. a market leader in providing flexible storage offerings extends partnership with Avnet]]></title>
<description><![CDATA[Dot Hill Systems Corp. (NASDAQ: HILL)&nbsp; a market leader in providing flexible storage offerings and responsive service to OEMs and system integrators, today announced it has extended its European partnership agreement with Avnet Technology Solutions, a leading distributor of enterprise computing products, software and services.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5191/dot_hill_systems_corp_a_market_leader_in_providing_flexible_storage_offerings_extends_partnership_with_avnet.html</link>
<pubDate>Fri, 30 Jan 2009 13:59:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports Second Quarter Fiscal Year 2009 Results]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT)&nbsp;today reported revenue of $4.27 billion for second quarter fiscal 2009 ended December 27, 2008, representing a decrease of 10.2% over second quarter fiscal 2008 and 6.4% excluding the impact of changes in foreign currency exchange rates. On a pro forma (organic) basis, as defined in the Non-GAAP Financial Information Section, revenue was down 14.9% over the prior year second quarter. Net income for second quarter fiscal 2009 was $112.3 million, or $0.75 per share on a diluted basis, as compared with net income of $142.2 million, or $0.93 per share on a diluted basis, for the second quarter last year. Excluding certain items in both periods as noted below, net income for the current year second quarter was $95.0 million, or $0.63 per share on a diluted basis, as compared with prior year net income of $135.9 million, or $0.89 per share on a diluted basis.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/5051/avnet_inc_reports_second_quarter_fiscal_year_2009_results.html</link>
<pubDate>Thu, 22 Jan 2009 08:39:00 GMT</pubDate>
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<title><![CDATA[Avnet Enters IT Distribution Business in Turkey through Joint Venture ]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) announced today that it has entered into a joint venture agreement with Sanko Holding Group in Turkey. Under the terms of the agreement, Avnet will acquire a 50.01 percent interest of the joint venture, which will include the operations of Akora Technology and Industry Corporation (Akora), a Sanko affiliate company, making the joint venture one of the largest IT distributors in Turkey. Founded in 2001, Akora distributes servers, storage, workstations and computer components to approximately 3,000 resellers throughout Turkey. The transaction, which is subject to government approval, is expected to close in the next few weeks. The joint venture, Avnet Technology Solutions Sanayi ve Ticaret A.S., will become part of the operations of Avnet Technology Solutions Europe, Middle East and Africa (EMEA).]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/4891/avnet_enters_it_distribution_business_in_turkey_through_joint_venture.html</link>
<pubDate>Fri, 19 Dec 2008 16:19:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports First Quarter Fiscal Year 2009 Results]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) reported revenue of $4.49 billion for first quarter fiscal 2009 ended September 27, 2008, representing an increase of 9.7% over first quarter fiscal 2008 and 7.0% excluding the impact of changes in foreign currency exchange rates. Pro forma (organic) revenue growth, as defined in the Non-GAAP Financial Information Section, was up 0.9% over the prior year first quarter. Net income for first quarter fiscal 2009 was $92.8 million, or $0.61 per share on a diluted basis, as compared with net income of $105.5 million, or $0.69 per share, for the first quarter last year. Excluding certain items in the current period as noted below, net income in the current year first quarter was $101.7 million, or $0.67 per share on a diluted basis.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/4551/avnet_inc_reports_first_quarter_fiscal_year_2009_results.html</link>
<pubDate>Thu, 23 Oct 2008 14:59:00 GMT</pubDate>
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<title><![CDATA[Avnet to Distribute InfoGuard Advanced Encryption Solution]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT), and InfoGuard AG, a Swiss specialist in network encryption solutions, today announced a distribution agreement for the UK, Benelux, Germany and Austria. The agreement enables Avnet to add the complete line of InfoGuard high performance encryption technologies to its range of security solutions. InfoGuard is the first high speed encryption product in the Avnet portfolio and addresses increased demand for optical encryption from enterprises, managed service providers and telecom carriers.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/4421/avnet_to_distribute_infoguard_advanced_encryption_solution.html</link>
<pubDate>Wed, 01 Oct 2008 00:08:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports Fourth Quarter and Fiscal Year 2008 Results]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) today reported revenue of $4.68 billion for fourth quarter fiscal 2008 ended June 28, 2008, representing an increase of 10.4% over fourth quarter fiscal 2007 and 5.4% excluding the impact of changes in foreign currency exchange rates. Pro forma (organic) revenue growth, as defined in the Non-GAAP Financial Information Section, was 4.2% over the prior year fourth quarter. Net income for fourth quarter fiscal 2008 was $144.1 million, or $0.95 per share on a diluted basis, as compared with net income of $124.7 million, or $0.81 per share, for the fourth quarter last year. Excluding certain items in both periods as noted below, net income in the current year fourth quarter was $128.2 million, or $0.85 per share on a diluted basis, as compared with $123.9 million, or $0.81 per share, in the prior year. The Company's effective tax rate for the 2008 fiscal year, excluding certain items, was 30.6%, thereby positively impacting its fourth quarter results by approximately $0.02 per share relative to the Company's earlier projection. Last year's fourth quarter also had a similar benefit of approximately $0.02 per share. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/4261/avnet_inc_reports_fourth_quarter_and_fiscal_year_2008_results.html</link>
<pubDate>Wed, 06 Aug 2008 16:29:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Acquires Horizon Technology Group plc]]></title>
<description><![CDATA[Phoenix, Arizona &ndash; June 30, 2008 -&ndash; Avnet, Inc. (NYSE:AVT) announced today through its wholly-owned subsidiary, Avnet (Holdings) Limited, that its offer for Horizon Technology Group plc (Horizon) has been declared unconditional in all respects.&nbsp;As had been previously announced, all shareholders of Horizon will receive &euro;1.18 per share, which equates to an equity value of approximately &euro;98.5 million ($156.1 million).&nbsp;Horizon is a leading technical integrator and distributor of information technology products in the UK and Ireland.&nbsp;The transaction is expected to be accretive to earnings by approximately $0.10 per share in FY2009, excluding integration charges, and supports Avnet&rsquo;s long-term return on capital goals.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/4081/avnet_inc_acquires_horizon_technology_group_plc.html</link>
<pubDate>Mon, 30 Jun 2008 08:54:00 GMT</pubDate>
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<title><![CDATA[Avnet Signs Pan-European Printer Distribution Agreement With Datamax /  O’Neil]]></title>
<description><![CDATA[Avnet Technology Solutions, a value-added distributor of enterprise computing products and an operating group of Avnet, Inc. (NYSE:AVT), &nbsp;today announced that it has entered into a Pan-European distribution agreement with Datamax / O&rsquo;Neil, both subsidiaries of Dover Corporation&rsquo;s Product Identification &amp; Printing Group.&nbsp;The agreement enables Avnet to add the complete line of Datamax desktop printers, coupled with O'Neil's mobile printers, to its existing range of printing solutions to expand its offerings to customers. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3861/avnet_signs_paneuropean_printer_distribution_agreement_with_datamax_oneil.html</link>
<pubDate>Tue, 20 May 2008 14:27:00 GMT</pubDate>
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<title><![CDATA[Avnet  Expanding Central European Logistics and Integration Center in Tongeren]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT), a global technology distribution and services company, has broken ground on a 10.000 m2 expansion of its Tongeren, Belgium, central distribution center, which houses both a pan-European distribution and logistics operation and an integration center, primarily serving Avnet Technology Solutions EMEA customers. The total area will be 34.000 m2, doubling the size of its current integration services area.&nbsp;The facility houses Avnet&rsquo;s fully automated, centralized European logistics and integration services center, which is ISO 9001 certified for quality standards and ISO14001 certified for meeting environmental management standards. A wide range of high value-added integration and logistic services for Avnet&rsquo;s business partners are delivered from the Tongeren facility. In 2007, more than eight million enterprise servers, storage devices, thin clients, wireless mobility devices and other information technology equipment components were shipped through the center.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3711/avnet_expanding_central_european_logistics_and_integration_center_in_tongeren.html</link>
<pubDate>Mon, 28 Apr 2008 09:35:00 GMT</pubDate>
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<title><![CDATA[Avnet Announces Cash Offer to Acquire HORIZON TECHNOLOGY GROUP PLC]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) announced on Friday that through its wholly-owned subsidiary, Avnet (Holdings) Limited, the Company plans to acquire Horizon Technology Group PLC in an all cash offer for &euro;1.18 per share, which equates to an equity value of approximately &euro;98.5 million ($156.1 million) and a transaction value of &euro;94.4 million ($149.6 million) assuming a net cash position for Horizon of &euro;4.1M as of December 31, 2007. Horizon is a leading technical integrator and distributor of information technology products in the UK and Ireland. The transaction, which is subject to, among other things, the completion of a tender offer under the Irish Takeover Rules and EU merger control clearance, is expected to close by the end of June 2008.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3731/avnet_announces_cash_offer_to_acquire_horizon_technology_group_plc.html</link>
<pubDate>Mon, 21 Apr 2008 10:22:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions to market RAID products from Fibrenetix in Europe as Master Distributor]]></title>
<description><![CDATA[Avnet Technology Solutions, an operating group of global technology distributor Avnet Inc. (NYSE:AVT) today announced it has been appointed as a &ldquo;master distributor&rdquo; in Europe for Fibrenetix, one of the leading RAID system manufacturers. In this role, Avnet will work with Fibrenetix&rsquo; existing distributors providing marketing and sales support of its RAID products in order to further expand the market for its RAID products. At the same time, Avnet will improve the availability of Fibrenetix products through its extensive warehousing capabilities and centrally managed shipping. Avnet will work with small and local distributors to ensure greater product availability for them as well. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3551/avnet_technology_solutions_to_market_raid_products_from_fibrenetix_in_europe_as_master_distributor.html</link>
<pubDate>Mon, 10 Mar 2008 09:00:00 GMT</pubDate>
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<title><![CDATA[Avnet Technology Solutions appoints Miriam Murphy as IBM Business Group Leader for EMEA region]]></title>
<description><![CDATA[Avnet Technology Solutions, an operating group of global technology distributor Avnet, Inc. (NYSE: AVT), today announced the appointment of Miriam Murphy as leader for the IBM Product Business Group in EMEA. In this role Murphy will be responsible for the strategic direction and growth of Avnet&rsquo;s IBM business in Europe, the Middle East and Africa.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3491/avnet_technology_solutions_appoints_miriam_murphy_as_ibm_business_group_leader_for_emea_region.html</link>
<pubDate>Thu, 21 Feb 2008 11:00:00 GMT</pubDate>
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<title><![CDATA[Virtual Iron Continues European Channel Expansion with Avnet]]></title>
<description><![CDATA[Virtual Iron Software (www.virtualiron.com), a provider of enterprise-class server virtualization software, and Avnet Technology Solutions, a value-added distributor of enterprise computing products, today announced the expansion of their European distribution partnership. The agreement expands the availability of Virtual Iron&rsquo;s software solutions through Avnet to Austria, Switzerland, The United Kingdom, France, Poland, Czech Republic, Slovakia, Hungary, Slovenia, Romania, Russia, The Netherlands, Luxembourg, and Ukraine. Avnet has been promoting and selling Virtual Iron in Belgium, Germany and Italy since June 2007.&nbsp;]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3541/virtual_iron_continues_european_channel_expansion_with_avnet.html</link>
<pubDate>Tue, 19 Feb 2008 13:47:00 GMT</pubDate>
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<title><![CDATA[Avnet Inc.: Reports Second Quarter Fiscal Year 2008 Results Sales, EPS and ROCE Set Second Quarter Records]]></title>
<description><![CDATA[Avnet, Inc. (NYSE:AVT) today reported revenue of $4.75 billion for second quarter fiscal 2008 ended December 29, 2007, representing an increase of 22.2% over second quarter fiscal 2007. Pro forma revenue growth, as defined in the Non-GAAP Financial Information Section, was 6.3% over the prior year second quarter. Net income for second quarter fiscal 2008 was $142.2 million, or $0.93 per share on a diluted basis, as compared with net income of $99.1 million, or $0.67 per share, for the second quarter last year. Included in the current quarter results are a one-time gain on the sale of a building and an additional gain from a prior sale of a business resulting from the receipt of a contingent payment. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3451/avnet_inc_reports_second_quarter_fiscal_year_2008_results_sales_eps_and_roce_set_second_quarter_records.html</link>
<pubDate>Tue, 05 Feb 2008 09:47:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Completes Acquisition of IT Solutions Division of Acal plc]]></title>
<description><![CDATA[Avnet Inc. (NYSE: AVT) today announced that it has completed its acquisition of the IT Solutions Division of Acal plc.&nbsp; The acquired business, which has annual revenues of approximately $200 million, is a leading European value-added distributor for Storage Networking (SAN), Networking, Security, Electronic Document Management, as well as managed and professional services.&nbsp; The division, which has operations in the UK, the Netherlands, Belgium, Germany, France and Sweden,&nbsp; will be integrated into Avnet Technology Solutions&rsquo; EMEA business. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/3211/avnet_inc_completes_acquisition_of_it_solutions_division_of_acal_plc.html</link>
<pubDate>Mon, 17 Dec 2007 13:00:00 GMT</pubDate>
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<title><![CDATA[BakBone Announces European-Wide Distribution Agreement with Avnet]]></title>
<description><![CDATA[BakBone Software&reg; (BKBO.PK), a global provider of heterogeneous, integrated data protection solutions, today announced it has entered into a partnership with Avnet Technology Solutions (ATS), allowing the distributor to offer BakBone&rsquo;s entire product line to its resellers across Europe. Avnet Technology Solutions is an operating group of Avnet, Inc., one of the world's largest distributor of electronic components, enterprise computing products and embedded technology . Previous collaborations have created a strong relationship between the companies, making this agreement the next logical step. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2981/bakbone_announces_europeanwide_distribution_agreement_with_avnet.html</link>
<pubDate>Mon, 19 Nov 2007 09:08:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports First Quarter Fiscal Year 2008 Results]]></title>
<description><![CDATA[PHOENIX, Oct 25, 2007 - Avnet, Inc. (NYSE:AVT) today reported revenue of $4.10 billion for first quarter fiscal 2008, ended September 29, 2007, representing an increase of 12.3% over first quarter fiscal 2007. Net income for first quarter fiscal 2008 was $105.5 million, or $0.69 per share on a diluted basis, as compared with net income of $64.1 million, or $0.44 per share on a diluted basis, for the first quarter last year. Excluding debt extinguishment costs that negatively impacted the prior year quarter, net income and diluted earnings per share increased 31% and 25%, respectively, over the year-ago period. Included in these results is stock compensation expense of $0.05 per diluted share in the current year first quarter as compared with $0.03 per share in the same period last year. ]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2871/avnet_inc_reports_first_quarter_fiscal_year_2008_results.html</link>
<pubDate>Thu, 25 Oct 2007 09:00:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Completes Acquisition of Magirus Enterprise Infrastructure Division]]></title>
<description><![CDATA[Phoenix, Ariz. &ndash; October 8, 2007 &ndash; Avnet, Inc. (NYSE:AVT) today announced that it has completed its acquisition of the Enterprise Infrastructure Division of Magirus Group.&nbsp; The acquired business, which has annual revenues of approximately $500 million, is a value-added distributor of IBM and Hewlett-Packard enterprise computing products in seven European countries and Dubai.&nbsp; The acquisition is expected to meet or exceed the company&rsquo;s stated return-on-capital-employed goal and add approximately $0.08 EPS in calendar 2008.&nbsp; The integration of the acquired business into Avnet&rsquo;s Technology Solutions group in Europe is expected to be essentially complete by June 2008.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2341/avnet_inc_completes_acquisition_of_magirus_enterprise_infrastructure_division.html</link>
<pubDate>Sun, 07 Oct 2007 19:36:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. Reports Fourth Quarter and Fiscal Year 2007 Results]]></title>
<description><![CDATA[PHOENIX, Aug 08, 2007 (BUSINESS WIRE) -- Avnet, Inc. (NYSE:AVT) today reported record revenue of $4.24 billion for fourth quarter fiscal 2007, ended June 30, 2007, representing an increase of 17.3% over fourth quarter fiscal 2006. Organic (pro forma) revenue growth, as defined in the Non-GAAP Financial Information section, was 4.0% over the prior year fourth quarter. Net income for fourth quarter fiscal 2007 was $124.7 million, or $0.81 per share on a diluted basis, as compared with net income of $58.8 million, or $0.40 per share on a diluted basis, for the fourth quarter last year. Excluding certain items noted below, net income was a record $123.9 million, or $0.81 per share on a diluted basis, representing a 42.4% and 37.3% increase, respectively, over the year-ago period. The Company's effective tax rate for the 2007 fiscal year came in at approximately 33%, thereby positively impacting its fourth quarter results by roughly $0.02 per share.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2241/avnet_inc_reports_fourth_quarter_and_fiscal_year_2007_results.html</link>
<pubDate>Sun, 07 Oct 2007 19:05:00 GMT</pubDate>
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<title><![CDATA[Avnet, Inc. to Acquire IT Solutions Division of Acal plc]]></title>
<description><![CDATA[Phoenix, Arizona, September 27, 2007 -- Avnet, Inc. (NYSE:AVT) announced that it has reached a definitive agreement with Acal plc for Avnet to acquire the IT Solutions division of Acal plc.&nbsp; Acal IT Solutions is a leading value-added distributor for Storage Area Networking (SAN), Secure Networking and Electronic Document Management products and services, with operations in the UK, the Netherlands, Belgium, Germany, France and Sweden.&nbsp; The closing of the transaction is subject to approval by Acal shareholders and EU merger control clearance.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2321/avnet_inc_to_acquire_it_solutions_division_of_acal_plc.html</link>
<pubDate>Thu, 27 Sep 2007 19:23:00 GMT</pubDate>
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<title><![CDATA[Avnet to Acquire Magirus Enterprise Infrastructure Division]]></title>
<description><![CDATA[Phoenix, 19 July 2007 &ndash; Avnet, Inc., (NYSE: AVT) announced today that it has entered into a definitive agreement to acquire the European Enterprise Infrastructure Division of value-add distributor Magirus Group.&nbsp; With annual revenues of approximately $500 million, the acquired business will be integrated into the European operations of Avnet Technology Solutions (TS), the IT distribution group of Avnet, Inc. The agreement covers the distribution of servers, storage systems, software and services of IBM and Hewlett-Packard to resellers in seven European countries and Dubai. With this transaction, Magirus is exiting the IBM and HP enterprise business and will in the future concentrate on building other segments of its business.]]></description>
<link>http://www.ts.avnet.com/emea/press_centre/press_centre_more/2301/avnet_to_acquire_magirus_enterprise_infrastructure_division.html</link>
<pubDate>Thu, 19 Jul 2007 19:19:00 GMT</pubDate>
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