American broadliner Tech Data has completed its acquisition of the Technology Solutions business from its competitor Avnet. The combination creates a premier global end-to-end IT distributor with unmatched capabilities and the most diverse solutions from the data center to the living room. "This is a momentous day in our company's history and we are excited to welcome our talented colleagues at Technology Solutions to the Tech Data family", said Bob Dutkowsky, chief executive officer of Tech Data. "Our combined company is perfectly positioned at the epicenter of the IT ecosystem—with the scale and scope to serve dynamic markets throughout the world—giving our customers access to an end-to-end portfolio of IT solutions and efficiently bringing our vendors' products to new customers in more markets. Our organizations' common cultures, shared values and commitment to providing a world-class customer experience will serve as the foundation for the new Tech Data. Together, we will be an even stronger company, capable of doing more for our channel partners than ever before. We remain confident that the acquisition of Technology Solutions creates a winning combination for our customers, vendors, and shareholders, as well as the employees of both organizations."
The addition of Technology Solutions significantly broadens Tech Data's value-added distribution business (aka Azlan), increasing the company's ability to help its partners capitalize on next-generation technologies while enhancing its go-to-market capabilities with complementary skills, expanded vendor relationships, and new customer sets. The combined company has a larger and more balanced geographic footprint, including a presence in the Asia-Pacific region, a new market for Tech Data. The company has operations in 40 countries, with 14,000 employees serving approximately 115,000 customers in more than 100 countries. The company also announced its global executive leadership, as well as several new regional and global roles. Reporting to CEO Bob Dutkowsky are:
In Europe, Tech Data has also announced its European Executive Board, which will be led by Zammit:
The total purchase price at close was approximately €2.35 billion (subject to certain post-close adjustments), including €2.17 billion in cash, and 2,785,402 shares of Tech Data stock, representing approximately 7.3% of Tech Data's shares outstanding (after issuance of the new shares). Tech Data financed the cash portion of the purchase price through a combination of €900 million from its recent public debt offering and €900 million of bank term loans, and the remainder from drawings under other credit facilities and cash on hand. The transaction is expected to be significantly accretive to Tech Data's non-GAAP earnings per share in the first full year. The company expects to achieve annual cost savings of approximately €90 million within 24 months, with one-time costs to achieve these cost savings expected to be approximately €135 million.
Information Builders grows its analytics accelerator program with Avnet EMEA partnership
Multispecialist Avnet has unveiled a collaboration with IBM to accelerate the time to market for IoT solutions. Led by its Technology Solutions team, Avnet will team with IBM to establish a Watson Internet-of-Things (IoT) Joint Lab within IBM's newly opened global Watson IoT Center in Munich, Germany. Avnet will use this unique environment to showcase, demonstrate, develop and sell innovative IoT solutions. "There is no limit to how IoT can be used to improve the world. We're already seeing tremendous potential in new IoT applications that we're developing with our customers, which range from protecting our children to preventing Legionnaires' disease", said Patrick Zammit, global president of Avnet Technology Solutions. "Avnet's latest collaboration with IBM will accelerate our ability to provide customers with the foundation they need to rapidly develop marketable IoT solutions."
At the lab, clients from around the world will be able to engage with Avnet and IBM IoT experts to create working prototypes and solutions that draw on the business benefits of Watson IoT and the power of cognitive computing. They can also enhance their IoT technical expertise through hands-on, on-the-job learning in the lab. Additionally, Avnet and IBM will engage with clients on joint business opportunities. "With almost 20 billion connected devices in the world today, the Internet of Things is rapidly becoming the biggest source of data on the planet", said Harriet Green, global head of Watson IoT. "With Watson cognitive computing, we have the opportunity to convert that data into meaningful insight to transform companies, industries and society. We are proud to partner with Avnet at our new Watson IoT HQ in Munich in a new joint lab where our best minds can work together side by side. With this agreement, we are pooling our shared deep history and expertise to deliver on the potential of the Internet of Things."
The joint lab will help enable and inspire clients to imagine the "art of the possible" with IoT – creating new business models and exploring innovative approaches to industry challenges. One way Avnet will achieve this is through its newly acquired Premier Farnell business, which will use the lab to develop proof-of-concept electronic boards embedded with IBM’s Watson IoT and Bluemix services at the device level. The aim is to create a seamless experience for customers, allowing them to rapidly exploit new use cases for customers. "Our focus is on helping businesses to bring their ideas to market – proof-of-concepts are a critical aspect of that", said Richard Curtin, senior director of strategic alliances for Premier Farnell. "In the lab, we will develop new electronic boards with enhanced cloud and software capabilities, giving our customers a huge boost in building smarter IoT solutions that can positively impact our world."
In addition to the lab, Avnet and IBM are actively collaborating to build IoT offerings to accelerate solution development with the IBM Watson IoT and IBM Bluemix platforms. This includes IoT starter kits from Avnet's Electronics Marketing and Premier Farnell businesses. Clients will gain access to an extensive catalog of over 150 IBM Bluemix cloud services, including the IBM Watson IoT platform, DevOps, mobile and analytics services through the Avnet Cloud Marketplace. Additionally, clients will have access to in-depth technical training on the IBM Bluemix and IBM Watson IoT Platform through Avnet's training and education services. "It often takes 10 or more partners to create a single IoT solution, and it can be a challenging and time-consuming task to find the right partners" said Mark Martin, Avnet's vice president, IBM global supplier executive. "We're taking the guesswork out of this for our partners by continually building a solid ecosystem of known companies they can work with to develop their IoT solutions. The new joint lab will be a key place for customers and partners to come together to collaborate with experts to quickly advance their solution design, and it is a vital resource that will be a key asset of the Technology Solutions portfolio over the long term.".
Infrastructure VAD Avnet Technology Solutions has announced that Avnet Academy, its training division, is expanding its education portfolio to include comprehensive training courses for Lenovo's System x and Flex products. This is now available to partners and their customers in all the countries where Avnet operates around the globe. Avnet continues to invest in delivering IT training and certification services, principally around the high-growth technologies that align with Avnet's solutions specialist approach. Lenovo is an existing strategic supplier for Avnet, and this agreement will further support partners and their customers to develop, implement and maintain business solutions that rely on Lenovo technology. IT education and certification training enables IT professionals to become more highly qualified. According to IDC, certified IT professionals take training at a far greater rate than their uncertified colleagues. The study showed that certified professionals are:
Hees Ham, vice president of Education Services North America at Avnet Technology Solutions, said: "we're providing our partners with tools and training to help their end customers accelerate their careers. With our Lenovo training path, we will help guide IT professionals to ensure they have the skills, certifications and tools needed to handle real-world, next-generation technology environments."
Alex M. Badia, director Data Center Group Services Training at Lenovo, said: "as a leading solutions specialist, the launch of this program by Avnet makes it simpler for partners and their customers to build up knowledge and become more highly qualified, which in turn helps them to transform technology into business solutions and further accelerate their success." Supporting the new Lenovo agreement, Avnet is running pilot partner programs to encourage the successful promotion of training. They will offer rewards for positioning training effectively, with the aim of driving accelerated growth in education services. In the EMEA region, Avnet is a Lenovo distributor in Austria, Czechia, Germany, Hungary, India, Italy, Poland, Portugal, Romania, Slovakia, Spain, Switzerland, Turkey and the United Kingdom.
Tech Data European boss Cano planning exit
Tech Data's European boss Nestor Cano is planning to retire from the distributor once the integration of Avnet TS is complete, should the deal get the go-ahead. Tech Data announced plans to snap up Avnet Technology Solutions last September in a deal worth €2.35b, which is expected to close in the first half of this year. Should the deal go ahead, Cano will continue in his role throughout the integration process, but will then retire. Cano joined Tech Data through the Computer 2000 acquisition in 1989 and served in various management positions in Spain and Portugal, before being promoted to regional managing director. A number of US and global roles followed before he become president of Europe for the firm in 2007 (source: Channelweb UK).
Tech Data Technology Solutions Handelsgesellschaft mbH
Tech Data Technology Solutions Handelsgesellschaft mbH
Sra. Judith Ecker
Ano de criação : 1976
Serviços de valor acrescentado