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1. www.ir.avnet.com › news-releases › news-releaseAvnet Agrees to Sell Technology Solutions Business Unit to ...

   www.ir.avnet.com › news-releases › news-release

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   Sep 19, 2016 · PHOENIX--(BUSINESS WIRE)-- Avnet, Inc. (NYSE: AVT), a leading global technology distributor, today announced that it has entered into an agreement to sell its Technology Solutions operating group to Tech Data Corporation in a stock and cash transaction valued at approximately $2.6 billion.

2. www.zdnet.com › article › tech-data-buys-avnetsTech Data buys Avnet's Technology Solutions group for $2.6 ...

   www.zdnet.com › article › tech-data-buys-avnets

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   Tech Data Corp. will buy Avnet's Technology Solutions unit, which preconfigures datacenter gear and offers other services, in a deal valued at $2.6 billion in cash and stock.

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4. news.avnet.com › press-releases › press-releaseAvnet Completes Sale of Technology Solutions to Tech Data

   news.avnet.com › press-releases › press-release

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   Feb 27, 2017 · Creates a unique distribution model in the electronic components industry that supports customers at every stage of the product innovation and lifecycle. Today, Avnet (NYSE: AVT) announced it has completed the sale of its Technology Solutions business to Tech Data Corporation (NASDAQ: TECD).

5. ir.synnex.com › news › press-release-detailsTD SYNNEX - Tech Data Completes Acquisition of Avnet's ...

   ir.synnex.com › news › press-release-details

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   Feb 27, 2017 · Tech Data Completes Acquisition of Avnet's Technology Solutions Business. Creates Premier Global IT Distributor with the Most Diverse End-to-End Solutions from the Data Center to the Living Room. Announces Corporate and Regional Leadership of Combined Company. CLEARWATER, Fla., Feb. 27, 2017 (GLOBE NEWSWIRE) -- Tech Data Corporation (NASDAQ ...

6. www.itworldcanada.com › article › tech-data-toTech Data to acquire Avnet in multi-billion dollar deal

   www.itworldcanada.com › article › tech-data-to

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   Sep 20, 2016 · In what is arguably one of the biggest IT distribution deals in industry history, Tech Data has acquired the technology solutions group of Avnet for $2.6 billion.

   • Author: Paolo Del Nibletto

7. www.marketscreener.com › quote › stockAvnet : Completes Sale of Technology Solutions to Tech Data

   www.marketscreener.com › quote › stock

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   Mar 20, 2017 · PHOENIX--(BUSINESS WIRE)--Today, Avnet (NYSE: AVT) announced it has completed the sale of its Technology Solutions business to Tech Data Corporation (NASDAQ: TECD). With the divestiture of these operations, Avnet is now solely focused on electronic components and integrated and embedded solutions, supporting its customers, ranging from makers ...

8. People also ask

   What is Avnet's deal with Tech Data Corporation?

   • PHOENIX -- (BUSINESS WIRE)-- Avnet , Inc. ( NYSE: AVT ), a leading global technology distributor, today announced that it has entered into an agreement to sell its Technology Solutions operating group to Tech Data Corporation in a stock and cash transaction valued at approximately $2.6 billion .

   Avnet Agrees to Sell Technology Solutions Business Unit to Tech Data

   www.ir.avnet.com/news-releases/news-release-details/avnet-agrees-sell-technology-solutions-business-unit-tech-data

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   Who is Avnet Technology Solutions?

   • Avnet's Technology Solutions operating group is a global IT solutions distributor serving customers and suppliers in more than 80 countries. It provides next generation solutions, marketing, training, resources and services that span the cloud to the data center and encompass the entire IT lifecycle.

   Avnet Agrees to Sell Technology Solutions Business Unit to Tech Data

   www.ir.avnet.com/news-releases/news-release-details/avnet-agrees-sell-technology-solutions-business-unit-tech-data

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   How will Avnet & Tech Data Partner?

   • Additionally, Avnet and Tech Data intend to partner on delivering world class IOT end-to-end solutions to the market. Upon completion of the transaction, Avnet expects to realize a gain of $3.75 to $4.75 per share.

   Avnet Agrees to Sell Technology Solutions Business Unit to Tech Data

   www.ir.avnet.com/news-releases/news-release-details/avnet-agrees-sell-technology-solutions-business-unit-tech-data

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   How much money did Avnet receive from Tech Data?

   • Avnet received approximately $2.4 billion in cash and shares of Tech Data common stock valued at approximately $245 million based on the closing price of Tech Data’s shares on February 25, 2017. “Today marks a critical stage in the transformation of Avnet.

   Avnet Completes Sale of Technology Solutions to Tech Data

   news.avnet.com/press-releases/press-release-details/2017/Avnet-Completes-Sale-of-Technology-Solutions-to-Tech-Data/default.aspx

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9. ir.synnex.com › news › press-release-detailsTech Data Corporation to Acquire Technology Solutions ...

   ir.synnex.com › news › press-release-details

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   Sep 19, 2016 · The combination of Tech Data and Technology Solutions will create a premier IT distributor with unmatched skills, consultative expertise, and strong partner relationships to help its customers capture these next-generation technology opportunities.