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Avnet TS

Avnet TS swallows bite-sized Mattelli

Avnet Technology Solutions has devoured IT estate management small fry Mattelli as it builds out a services portfolio. This comes just a week after Avnet TS acquired enterprise distie Magirus and some months after it took over IBM reseller and consultancy Ascendant Technologies. Cheshire-based Mattelli developed the UNITY …
Paul Kunert, 12 Jul 2012
Avnet TS

Avnet TS confirms EMEA exec line-up

Avnet Technology Solutions has tweaked its organisational structure in EMEA and named those execs with a seat at the top table after completing the acquisition of Magirus. Joining the senior management team in the region, Christian Magirus, COO at the self titled distie becomes veep for services. The channel veteran will look …
Paul Kunert, 30 Oct 2012
Avnet TS

Avnet welds services tentacles into one mighty arm

Distributor goliath Avnet Technology Solutions has rounded up its disparate portfolio of acquired service providers into one unit as traditional product sales continue to wane. The Avnet Services team was created to "increase operational efficiencies" by merging the firm's software, lifecycle and training services operations. " …
Paul Kunert, 01 May 2013
Avnet TS

Avnet TS sales slide but operating income up

Distribution Goliath Avnet Technology Solutions suffered a double-digit revenue slide across EMEA but boosted operating profits after cost-cutting and pursuing only margin-boosting biz in its fiscal Q3. TS, the enterprise wing of Avnet Inc, saw global turnover for the quarter ended 31 March fall 8.1 per cent to $2.52bn, but …
Paul Kunert, 26 Apr 2012
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Avnet TS swallows Ascendant Technology

Avnet Technology Solutions has swallowed IBM middleware reseller and consultancy Ascendant Technology (Atech) for an undisclosed sum. Atech – which has offices in North America, Europe, Brazil and India – has several IBM Lotus awards but also makes software tools including apps for e-commerce, enterprise portal and collaboration …
Paul Kunert, 26 Mar 2012
Avnet TS

Annus Horribilis for Avnet Inc

Enterprise tech distie Avnet closed off fiscal '13 on a relative high - well sort of - but the single digit sales hike came too late in the day for management to characterise the year as one of progress. The sector bellwether posted Q4 numbers for the three months ended 29 June showing a 4.5 per cent year-on-year rise in revenue …
Paul Kunert, 07 Aug 2013
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Oracle biz-pusher Paul Young leaves Avnet TS

Avnet has commenced the search for a successor to Oracle business unit director Paul Young, who is moving to Hamilton Rentals as UK sales director. Young joined US enterprise distie Avnet in 2008 when it acquired independent Horizon Technology, formerly Clarity Technology, for €101.3m. John Toal veep and and country manager at …
Paul Kunert, 17 Apr 2012
Avnet TS

Avnet Technology Solutions swallows Pepperweed

Avnet Technology Solutions has swallowed Pepperweed Consulting, an HP Software Elite Partner Stateside. This is the latest acquisition Avnet TS has made this year after snapping up enterprise distie Magirus and minnow solutions providers including Mattelli and Ascendant Tech. IT enterprise management and integration firm …
Paul Kunert, 03 Aug 2012
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Avnet waves farewell to John Toal ahead of Magirus gobble

Avnet Technology Solutions (TS) is starting to restructure ahead of its acquisition of Magirus with long serving director Sukh Rayat replacing John Toal at the top of the UK organisation. Distie veteran Toal, who was in charge of the operation for two years and four months, joined Avnet when it acquired Bell Microproducts in …
Paul Kunert, 01 Oct 2012
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Avnet TS senior veep Coburn exits amid divisional tweak

Avnet Technology Solutions' senior veep EMEA Gary Coburn has left the distributor following a divisional tweak designed to reduce management costs. As part of the move, Avnet has handed Miriam Murphy - SVP of the IBM Product Business Group - control of the Business Product Group that had previously been managed by Coburn. …
Paul Kunert, 07 Jul 2011
Avnet TS

Avnet gobbles Magirus, aiming to deliver swollen offerings

Avnet Inc is consuming pan-European distributor Magirus Group for an undisclosed sum. The agreement was made public today - just hours after it emerged that Ingram Micro is splashing $850m to acquire BrightPoint ($650m in cash and assuming $190m worth of debts). Stuttgart-based Magirus offloaded its $500m enterprise hardware …
Paul Kunert, 02 Jul 2012
Avnet TS

Avnet devours reseller BrightStar Partners

Avnet Technology Solutions (ATS) continues to expand its IT services biz after hoovering up an IBM reseller stateside that also houses a consultancy and software operation. The distie titan has already blurred the traditional business boundaries between wholesalers and solution providers by acquiring Pepperweed Consulting, …
Paul Kunert, 22 Oct 2012
Avnet TS

Avnet CEO: Sales flat, profit down... but 'outlook' is better

Avnet's CEO says the distributor is moving in the right direction after reporting fiscal Q2 numbers that were dramatically better than the opening three months of its new financial year. Sales came in essentially flat on a year ago period at $6.7bn but contain the financials of four firms acquired in October and November …
Paul Kunert, 24 Jan 2013
Avnet TS

Avnet looking to cut costs AGAIN

Avnet CEO Rick Hamada has described fiscal Q1 numbers as a "disappointing setback" with profits falling steeply and further cost cutting required. The distie titan already revealed plans to lop a load of costs to help out the bottom line when it unveiled preliminary Q1 figures early this month, with sales down nine per cent to $ …
Paul Kunert, 25 Oct 2012
Avnet TS

Avnet Technology Solutions in UK revamp

Avnet Technology Solutions is proposing to work with fewer channel customers which buy opportunistically, and throw its support instead behind those that want a "strategic relationship". The US distie giant is trying to tap into a relatively a nebulous term in the channel - loyalty - and has formed customer facing business units …
Paul Kunert, 13 Dec 2012
Avnet TS

Avnet Q4 sales, profit hit as resellers keep wallets shut

Avnet sales and profit in Q4 slumped across both its components and tech solutions businesses on the back of a summer slowdown in reseller spending and a blistering currency headwind. Turnover for the period ended 30 June fell 8.8 per cent to $6.3bn, operating profit dropped by just over a fifth to $213.4m and net profits sunk …
Paul Kunert, 08 Aug 2012
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Nicked sensitive Avnet server disks sparks ICO probe

The Information Commissioner's Office (ICO) has confirmed it is investigating a potential data breach at Avnet Technology Solutions (TS) following the break-in prior to Christmas. As previously reported, thieves raided the enterprise distie's Haslingden office on 21 December and made off with hard disk drives containing archived …
Paul Kunert, 28 Feb 2012
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Oracle alarmed as Avnet TS loses Bharat

Avnet Technology Solutions is further restructuring its management deck, with EMEA director of the Oracle hardware and software franchise Mickey Bharat set to leave the distributor. Bharat joined Avnet through its 2008 acquisition of Horizon and according to sources within Oracle – who questioned the logic of his departure – was …
Paul Kunert, 13 Jul 2011
Avnet TS

Avnet fears possible $73m bill as US Customs probe deeper

Avnet has warned it may be liable to cough $73m for duties, interest or fines arising from a US Customs and Border Protection probe into unpaid import tax owed by the previously acquired Bell Microproducts operation. In an SEC filing, enterprise distie Avnet said this was a worst case scenario and it has actually set aside $10m …
Paul Kunert, 03 Jul 2012
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Computacenter networking boss Godwin heads to Avnet

Avnet Technology Solutions has plucked Computacenter's (CC) data centre and networking boss Henry Godwin from the UK to run its Middle East and Africa operation. For Godwin this represents a return to his roots, as he previously did time in distribution before moving to services-based-reseller CC. Godwin was the HP and Symantec …
Paul Kunert, 19 Sep 2011
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Avnet: Our buy of tech provider to BBC and Boots is quite routine

Avnet Technology Solutions boss Phil Gallagher has defended its acquisition of IBM middleware reseller and consultancy Ascendant Technology (Atech) - claiming the deal poses no threat to resellers. Earlier this week the enterprise distributor gobbled $90m sales outfit Atech for an undisclosed sum, which has operations in North …
Paul Kunert, 30 Mar 2012
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Microsoft dumps two distributors overboard in Blighty cull

Microsoft has confirmed that it is to part ways with two distributors in the UK next year, following an intensive review of its contracts. The lucky pair are Avnet Technology Solutions and VIP Computers, both of which had been expected to leave the stables when Microsoft put the contracts out to tender last month in a Request …
Paul Kunert, 30 Oct 2013

Juniper Network pushes button, exits two distributors

Juniper Networks has given Computerlinks and Azlan their marching orders following a review of the UK distributor line-up, leaving it with Arrow ECS, Avnet TS and Westcon. The review began in May when Juniper named Will Hamber to manage its fragmented network of 30 wholesalers across EMEA. Former HP and Edge-Core Networks …
Paul Kunert, 01 Aug 2012
Tech Data

Tech Data gobbles Brightstar's piece of their Euro biz pie

Distribution behemoth Tech Data Corp has gulped down Brightstar's 50 per cent stake in the firms' European joint venture for around $165.6m (£106.4m) in cash. The two wholesalers set up Brightstar Europe in 2007 to share the risks and rewards of tapping up the burgeoning mobility and wireless device space in the region. Bob …
Paul Kunert, 11 Jul 2012

Now Fujitsu breaks up with UK tech distributor Northamber

Fujitsu Technology Products Group (FTPG) has become the latest major vendor to give UK IT distributor Northamber its marching orders, The Channel can exclusively reveal. Folk close to the Japanese outfit reckon the clock is already ticking on Surrey-based Northamber to wind down its position. "They are gone by 30 June," said one …
Paul Kunert, 16 Apr 2013
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React Technologies rises from ashes of burning balance sheet

React Technologies has executed a textbook dive into administration followed by a phoenix-like rise from the ashes - and now trades as React Enterprises having wiped off suppliers' debts in the comeback. The network reseller, led by boss Jess Thompson-Hughes, called in receivers Leonard Curtis on 16 March and installed Mark …
Paul Kunert, 26 Mar 2012
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Juniper Networks eyes up EMEA distributors, axe in hand

Juniper Network's recently installed EMEA distribution boss admitted he has a "big job of work" to untangle its web of wholesalers across the region and determine which it wants to keep on board and which will be jettisoned. Industry vet Will Hamber was confirmed as the networking firm's distie bigwig last month after joining …
Paul Kunert, 18 Jun 2012
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Disk prices double after flood - and could 'double again'

Hard disk prices doubled in the past fortnight following the severe flooding in Thailand and could potentially rise by the same amount again, channel sources have warned. The world's second largest producer of drives behind China, Thailand, is dealing with the aftermath of flooding that has killed 380 people, inundated 14,000 …
Paul Kunert, 03 Nov 2011

HDS: 'We're out of the traps to become a grown-up channel biz'

Hitachi Data Systems has for the first time handed its sales team in the UK and Ireland a channel component within their overall revenue target. This is one of a number of changes made by the new guard at the storage vendor in the wake of a shakeup of local management last year, including the additions of new regional veep …
Paul Kunert, 31 May 2012
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Magirus claims 'head start' from EMC on VSPEX private cloud

EMC is promoting Magirus as the go-to distributor for VSPEX after it certified 14 configurations that can be assembled at its Euro facility. The converged infrastructure – a pure channel play aimed at mid-market users – is "more flexible" than VCE's Vblock or Net App's Flex Pod, said Philippe Fossé, EMC veep for EMEA channels. …
Paul Kunert, 20 Jun 2012