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Avnet strengthens position in design, supply chain services

Posted: 07 Jul 2005 ?? ?Print Version ?Bookmark and Share

Keywords:semiconductor? memec?

Avnet Inc. has completed the acquisition of Memec, a distributor specializing in semiconductors.

By completion of the acquisition, Avnet Electronics Marketing (EM), an operating group of Avnet Inc., strengthens its position of delivering value-added distribution services to EOEMs, EMS providers and ODMs in 69 countries. The acquisition also further enhances Avnet EM's semiconductor line-card, customer-base and talent pool around the world.

Harley Feldberg, president, Avnet Electronics marketing, said, "Although Avnet has always maintained a strong commitment to design chain and supply chain services, the acquisition of Memec allows us to provide a more balanced mix of these services to our customers regardless of location," Feldberg continued. "This accelerates our mission to be the most successful electronic components distributor in the world by delivering the best solutions to our customers and suppliers. As customers seek to consolidate vendors, reduce operating expense and accelerate time to market, Avnet Electronics Marketing is well positioned to support their needs."

From a structural standpoint, Avnet Electronics Marketing shares common support and infrastructure regionally, although varies its structure by region, to support the nuances of each marketplace. Beyond its existing global footprint, Avnet EM will now offer its customers Avnet Memec, a series of additional semiconductor-focused divisions, located in each of its four regions: Americas, EMEA, Asia and Japan. Although supplier franchises may vary across regions, all Avnet Memec divisions, worldwide, will continue to deliver the world-class engineering services that have led the industry. This focus will be complemented by Avnet's already strong global and regional commitment to design and supply chain services. Feldberg stated, "We have been very careful to create a global model that preserves, and ultimately enhances, the value of the Memec organization to the market."

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