Avnet distributes electronic components and IT solutions to customers worldwide. It sources parts from suppliers and provides services such as design-in support, supply chain management, logistics, and systems integration to help bring products to market. The company differentiates itself through a long history, broad supplier and customer networks, and a global footprint that enables end-to-end distribution and value-added services at scale. Its goal is to help technology makers move from idea to product quickly and reliably with a comprehensive, globally integrated platform.
Company Size
10,001+
Company Stage
IPO
Headquarters
Phoenix, Arizona
Founded
1921
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Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Family Planning Benefits
Long-term and Short-term Disability Insurance
Education Assistance
Professional Development Budget
Wellness Program
Avnet and The University of Hong Kong have opened the Emerging Microelectronics and Ubiquitous Systems Lab (EMUS Lab) in Hong Kong. The innovation hub aims to accelerate AI hardware commercialisation by connecting research, engineering expertise and supply chain capabilities. Located at Tseung Kwan O InnoPark, EMUS Lab focuses on edge AI, physical AI, robotics and high-performance computing. It provides innovators with engineering consultation, GPU computing resources and prototyping support to transform ideas into market-ready products. The lab has launched the DfMA Launchpad for AI MMP Programme, a 12-month co-incubation initiative supporting AI startups. The programme has attracted 27 startup teams, combining Avnet's supply chain expertise with EMUS Lab's research infrastructure and support from Hong Kong Science and Technology Parks Corporation.
Avnet Silica to showcase intelligent, connected systems from device to cloud at SIDO 2026. A diverse range of interactive use cases to display how hardware, software and connectivity technologies accelerate next-generation embedded and IoT applications. Brussels, Belgium, 9th September 2026 - Avnet Silica, an Avnet company (NASDAQ: AVT), today announced details of its presence at SIDO 2026. Taking place at La Cité Internationale de Lyon between 16th and 17th September, the leading business event will bring together technology innovators, system architects, and industrial decision makers from the worlds of AI, extended reality (XR), IoT, and robotics. At Booth E313, Avnet Silica and Farnell Electronics will showcase technologies focused on connected systems, wireless and embedded connectivity, cybersecurity, secure device design, edge intelligence, industrial AI, and vision processing. A team of the company's technical specialists will be available on the stand, hosting demonstrations developed with technology partners: AMD, BICS, DEEPX, Engicam, Kontron, Micron, Microsoft, Nordic Semiconductor, NXP Semiconductors, Renesas, TIANMA, and Tria. Key demonstrations will include: * AI in Action: Demonstrating a hybrid acceleration architecture tuned for camera-based workloads to enhance performance per watt without increasing system complexity in vision AI applications. * AI on the Edge: Running edge AI with Windows 11 IoT Enterprise LTSC 2024 across x86 and ARM platforms, without a dedicated AI accelerator. * Edge AI Innovation: Comparing real-time processing performance and power consumption across the hardware's CPU, GPU and NPU engines using a live video feed. * High-Reliability Industrial Displays: Demonstrating seamless touch integration, durability and long-term reliability in advanced display technologies for demanding automotive, industrial and medical environments. * Live Multi-Model Vision AI Kit: Highlighting real-time edge computer vision capabilities using an onboard 12 MP MIPI-CSI camera to perform multi-model AI analysis. * Security: Demonstrating hardware-rooted security and provisioning architectures designed to support alignment with Cyber Resilience Act (CRA) requirements. * Wireless & Embedded: Supporting scalable, distributed IoT deployments through LTE Cat-1bis connectivity with SGP.32 eSIM for industrial-grade wireless connectivity. Avnet Silica at SIDO 2026 "Together with our leading partners and suppliers, we look forward to welcoming visitors to this year's SIDO exhibition to exchange ideas and discuss their design challenges," said Vincent Levigoureux, Country Director - France, Avnet Silica. "With demonstrations spanning AI, connectivity, cybersecurity, edge computing and robotics, our team will be available to help engineers explore how they can move from early design decisions to scalable, real-world systems and solutions." For additional information and registration for a complimentary visitor pass, please visit this link.
Avnet continues to benefit from strong artificial intelligence demand, with direct data-centre business representing approximately 10-15% of total company sales. The company is seeing opportunities across AI infrastructure, including power management, connectivity and automation solutions in industrial markets. Avnet's higher-margin interconnect, passive and electromechanical portfolio reached approximately $4.6 billion in fiscal 2026, up from $4 billion in fiscal 2025. Fourth-quarter sales hit a record $8.3 billion, up 48% year over year and 17% sequentially. The company is also benefiting from emerging demand for edge AI applications, including robotics, drones and autonomous systems. Avnet's direct exposure to data-centre customers remains particularly strong in Asia-Pacific, where hyperscaler expansion is driving infrastructure demand.
Avnet moves into new Tempe headquarters. he electronics distributor completed its move from Phoenix into a former GoDaddy corporate campus at Arizona State University Research Park that it purchased in June 2025. Electronics distributor Avnet has moved into its new corporate headquarters in Tempe, AZ, completing a relocation the company announced last year. The 150,000-square-foot building is located at 2150 E. Warner Road within Arizona State University Research Park, near Loop 101 and Warner Road. The property previously served as GoDaddy's corporate headquarters. Avnet purchased the building in June 2025 and at the time said it expected to relocate there in mid-2026. The move shifts Avnet's headquarters from its longtime location at 2211 South 47th Street in Phoenix. The global technology distributor has been headquartered in the Phoenix metro area since the late 1990s. When announcing the purchase last year, Avnet CEO Phil Gallagher characterized the property acquisition as an investment in the Phoenix area and its technology sector, citing Arizona's business climate as a factor in the company's continued presence in the region. Avnet supports customers and suppliers across the technology product lifecycle, providing electronic components distribution alongside design, supply chain and logistics services. The company operates its core Electronic Components segment alongside Farnell, its high-service electronic components distribution business. The headquarters move follows a strong fiscal 2026 for Avnet. For the year ended June 27, the company posted $27.63 billion in sales, up 24.5% from $22.20 billion in fiscal 2025. Net income increased 39.2% to $334.4 million from $240.2 million.
Avnet twice named a Best Company. by Mike Hunter Avnet was recently named one of TIME's America's Best Companies of 2026, ranking No. 481 among 1,000 companies nationwide based on employee satisfaction, financial performance and sustainability transparency. Avnet was also recently named a 2026-2027 Best Company to Work For by U.S. News & World Report.