Avnet is a global technology solutions company headquartered in Phoenix, Arizona, United States. Founded in 1921, the company began as a radio parts distribution business by Charles Avnet. Over the years, Avnet expanded its product and service offerings to become a leading distributor of electronic components and embedded solutions.

Avnet's headquarters, known as the Avnet Tower, is located in downtown Phoenix. The modern 10-story building houses the company's executive offices and various operational departments. The tower serves as a hub for Avnet's global operations and houses state-of-the-art facilities to support its customers and partners.

As a technology solutions provider, Avnet offers a wide range of products and services across three primary business groups: electronic components, enterprise solutions, and embedded solutions. The company collaborates with leading manufacturers to provide customers with access to an extensive selection of electronic components, including semiconductors, interconnects, passive and electromechanical products. Avnet also delivers enterprise solutions such as data center solutions, cloud services, and security solutions, helping organizations transform and optimize their IT infrastructure.

In addition, Avnet offers embedded solutions, including design and engineering services, to help customers develop and bring their products to market faster. Avnet operates on a global scale, with a presence in more than 125 countries. The company has established significant partnerships and joint ventures to enhance its capabilities and expand its market reach.

Noteworthy subsidiaries include Avnet Silica, Premier Farnell, and Hackster. io, which further strengthen Avnet's position in the electronics distribution and innovation space. Avnet has proven its market position as a global technology solutions provider.

With annual revenues exceeding $15 billion, the company ranks among the top distributors of electronics in the world. Avnet competes with other industry leaders like Arrow Electronics and Future Electronics, continuously striving to deliver innovative solutions and exceptional customer service. In recent years, Avnet has made several strategic moves to align with industry trends and foster growth.

Notable events include the acquisition of Premier Farnell in 2016, which expanded Avnet's presence in Europe and strengthened its online distribution capabilities. Additionally, Avnet's partnership with Samsung in 2019 aimed to create a global IoT solutions ecosystem, leveraging Avnet's expertise in design and distribution. Currently, Avnet is focused on providing end-to-end technology solutions, embracing emerging technologies such as the Internet of Things (IoT), artificial intelligence (AI), and edge computing.

The company continues to evolve its product portfolio and services to meet the changing needs of its customers and drive future growth in the technology industry