Avnet Malaysia Sdn Bhd

Founded by Charles Avnet in 1921, selling surplus radio partsOperations were family run until 1955.Avnet was incorporated in 1955 with Charles Avnet’s 2 sons – Robert Avnet, Chairman & CEO and Lester Avnet, President.Avnet reached its US$ 1Mn milestone in 1956.Avnet went public in 1959 as Avnet Electronics Corporation.Diversified its Business with interests in Electronics, Military / Space applications, ceramic & Mold casting.Avnet became a Fortune 500 Company in 1968 at No.467, with an employee strength of over 5000 in North America & Canada.Roy Vallee succeeded Leon Machiz as Chairman & CEO of Avnet in October 1998.Avnet made its first step into Asia by acquiring 70% of Hong Kong based WKK Semiconductor.Now, Avnet is a US$15.68Bn. company with over 12,000 employees

 

Avnet, Inc. is composed of two operating groups, a global logistics operation and a corporate services organization. Each group operates globally, with locations in the Americas, Europe, the Middle East and Africa (EMEA) and Asia. Avnet's Corporate Services Group provides back-office support.Avnet Electronics Marketing, serving customers in 63 countries, is the largest operating group of Phoenix-based Avnet, Inc. Avnet Electronics Marketing serves electronic original equipment manufacturers (EOEMs), electronic manufacturing services (EMS) providers, and electronic component manufacturers (ECMs) throughout North America, Brazil, Europe, Middle-East, Africa and Asia, through focused business divisions, distributing electronic components from leading manufacturers and providing associated services.Avnet Technology Solutions (TS), with locations in 34 countries, is a value-added distributor focused on enterprise computing solutions and an operating group of Avnet, Inc. representing $4.99 billion in annual revenue for FY'06. As a global technology sales and marketing organization, Avnet Technology Solutions has sales divisions focused on specific customer segments and a select line card strategy enabling an exceptional level of attention to the needs of its customers, which include Original Equipment Manufacturers (OEMs), Independent Software Vendors (ISVs), System Builders, System Integrators and Value-Added Resellers. Avnet Technology Solutions consists of the following geographic regions and sales divisions: Avnet Corporate Services (CSG)The Avnet Corporate Services Group is comprised of all of the non-sales and marketing back-office functions such as global operations, human resources, strategic planning, investor relations, communications, finance, legal and information technology.