Tech Data closes $2.6 billion acquisition of Avnet Technology Solutions

Martijn Hoogeveen
Tech Data ceo Bob Dutkowsky

Tech Data, the global tech distribution giant, closes its $2.6 billion acquisition of the Technology Solutions (TS) unit of network distributor AVnet. Florida-based TS has revenues of $9.65 billion in data center solutions, and will increase the data center share of the business of Tech Data to 45%. The take-over is paid by $2.4 in cash and $245 million in shares Tech Data. Following the departure of TS, Avnet stays behind as a pure-play semiconductor distributor, owning 7% of shares Tech Data which values the latter at $3.5 billion. Post-acquisition, Tech Data will have 14,000 employees in 40 countries. It’s main rival, Ingram Micro, is around double the size of Tech Data in terms of employees and revenues, but has a slightly different strategy, focusing more on cloud services and sourcing products for its own OEM (Original Equipment Manufacturing) brands.


Leave a Reply

Your email address will not be published. Required fields are marked *


Manual for Icecat Live: Real-Time Product Data in Your App

Icecat Live is a (free) service that enables you to insert real-time product content from some 300 m...
 June 1, 2016
World map

Iceclog Launch and Improved Icecat LIVE Documentation

“Iceclog” (Icecat content-log) is our new blog, where you will find...
 August 26, 2016
http url

Manual for Icecat URL: Links to Product Data-sheets and Images

Version: 1.20, October 4, 2016.The purpose of this post is to explain the Icecat URL method to ...
 October 4, 2015

Manual for Icecat CSV Interface

This document describes the CSV (Comma-Separated Values) variant of Icecat's Open Catalog Interface...
 September 28, 2016

Iceclog Editor Guidelines: Writing Compelling Posts

The Iceclog Editor Guidelines are a quick guide for contributors to the Iceclog blog or "cl...
 August 17, 2016

Manual for Personalized Interface File and Catalog

Via the Icecat website and login area, a user can generate personalized or customized CSV or Excel f...
 October 5, 2016

Apple Watch: a Useful Tool or a Smart Toy?

After six months spent with my Apple Watch, I am still not sure if I consider it a useful tool or "j...
 September 30, 2016

Manual for Testseek Product Reviews Integration via Icecat

Icecat provides aggregated expert reviews from our partner Testseek, as an add-on service for both O...
 October 19, 2015

Manual for Open Icecat JSON Product Requests

JSON (JavaScript Object Notation) is an increasingly popular means of transferring to data, comparab...
 February 17, 2017

FAQ for Brand Owners

Icecat is an independent global syndicator of rich product content. In...
 October 19, 2016