Avnet eyes return to European M&A scene
After taking a break to "digest" its latest acquisitions, American multispecialist Avnet could be set to get back on the M&A trail in Europe next year, with converged systems, security, and licensing renewals earmarked as key target areas. The firm has not made any buyouts in Europe for a year, since the acquisition of German embedded electronics specialist MSC. A voluntary hiatus as the distributor seemingly needed time to digest Magirus, the last major acquisition in the past seven or eight years. Now that is its ready to enter the M&A arena, Avnet may look to turn its focus towards different areas. The future deals are geared towards new competencies and higher-value market areas, such as onverged systems, security (on a pan-European basis, especially around Cisco and RSA), license renewals and services (source : Channelnomics EU).
A new Competence Center for Avnet
Infrastructure VAD Avnet Technology Solutions has opened its new Information Management / Business Analytics Competence Center in Leinfelden near Stuttgart. The centre will act as an EMEA hub for delivering information management and BA services and solutions across the region through a single, dedicated team with complete sales expertise, pre-sales support, business development and consulting services. These will be further backed up by Avnet's local expertise in the field to provide comprehensive support in this highly complex and technical marketplace. This Competence Center is the second in the region, after a first dedicated to security and networking solutions, which opened in June in the Netherlands.
Avnet TS appoints Dieter Lott as Vice President, Business Development, EMEA
Multispecialist Avnet Technology Solutions has expanded Dieter Lott's responsibilities, as a member of the EMEA executive team, to the benefit of its customers and suppliers in the region. As vice president business development EMEA, Dieter Lott is taking on additional responsibility for the Enterprise Business Group, managing the core strategic supplier relationships. This follows on from Miriam Murphy’s appointment to senior vice president, North region, in June. Dieter continues to be responsible for strategy, pan-EMEA account management and global System Integrator (SI) sales. Dieter joined Avnet in 2000 and has held a number of senior roles within the global strategic planning, finance and administration, and business innovation divisions.
Avnet Technology Solutions to offer Cisco security solutions to defend fast-evolving datacentres
Multispecialist Avnet Technology Solutions has extended its agreement with Cisco to include distribution of Cisco's security products portfolio. The collaboration further strengthens Avnet's security offerings following the launch of its Security & Networking Solutions division in EMEA. This collaboration covers the regions in which Avnet currently operates with Cisco as a distribution partner, including Austria, Belgium, France, Germany, Italy, the Netherlands, Spain, Switzerland and the United Kingdom.
Avnet loses its President
American multispecialist Avnet has announced that Avnet Technology Solutions Global President Phil Gallagher intends to step down from his current role to focus on new career opportunities in line with his personal goals. Mr. Gallagher will stay in place until a successor is named and will assist in a collaborative transition. The company has initiated a search to replace him and expects to have a new leader in place by the end of the calendar year.