Avnet 2015 Annual Report Download - page 6

TableofContents
Technology Solutions
AsaleadingglobalITsolutionsdistributor,TSworkswithitsbusinesspartnersinthesupplychaintocreateanddeliver
effective datacenter and IT lifecycle solutions that solve the business challenges of end-users around the world. These IT
solutionsspantheentireITlifecycleandaresoldanddeliveredtoavarietyofTS’customerpartners,includingVARs,ISVs,SIs
and OEMs. These solutions can include any combination of hardware, software and supplies, and TS provided services that
addressamongotheritems,infrastructure and application management, cloud computing, automation, orchestration,datacenter
transformation,security,bigdata,aftermarketandITlifecycleservices,andmultilingualvendoraccreditedtraining.Inaddition,
TSprovidesthelatestharddiskdrivesandmicroprocessor,motherboardandDRAMmoduletechnologiestopersonalcomputing
integratorsandVARs.
CustomerpartnersrelyonTS’supplierrelationshipsandexperiencedlogistics,sales,marketing,financial,technicalandIT
experts to help them identify and capitalize on business opportunities in high-growth technologies, vertical markets and
geographies.SuppliersrelyonTS’technologyexpertiseandglobalscaleandscopetobroadentheircustomerbaseandgrowsales
inmarketsaroundtheworld.TSanditsecosystemofhighlytrainedandknowledgeablechannelpartnersserveasanextensionof
suppliers'salesforcestosellanddeliverend-to-endITsolutionstoendusers.Throughdedicatedpracticesandpartnerships,TS
and its channel partners provide the education, tools, resources, skills and support needed around technologies like storage,
networkingandsecurity,alongwithindustry-leading solutionsandservicesincorporatingnext-generation technologieslikebig
dataandanalytics,cloudcomputingandconvergedinfrastructure. Theyalsoprovidethespecializationrequiredtosuccessfully
implementandmaintainthesesolutionsinverticalmarkets,includingenergy,finance,government,healthcareandretail.
To continue to meet customer expectations in an evolving IT ecosystem, TS and its channel partners are focused on
deliveringsolutionsthatexpandendusers' product delivery capabilities, extendtheir reach and resources, and enhance project
successandreturnoninvestmentfordeploymentsthatspantheentireITlifecycle.
Acquisitions
Avnethashistoricallypursuedbusinessacquisitionstofurtheritsstrategicobjectivesandsupportkeybusinessinitiatives.
This acquisition program was a significant factor in Avnet becoming one of the largest value-added distributors of electronic
components, enterprise computer, networking and storage products and software, IT solutions and services and embedded
subsystems.Avnetexpectstocontinuetopursuestrategicacquisitionstoexpanditsmarketpresence,increaseitsscaleandscope,
andincreaseitsproductandserviceofferings.
During fiscal 2016, the Company completed two acquisitions with aggregate annualized sales of approximately $120.0
million.SeeItem7.Management’sDiscussionandAnalysisofFinancialConditionandResultsofOperationsinPartIIofthis
AnnualReportonForm10-Kforadditionalinformationonacquisitionscompletedduringfiscal2016.
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