Avnet to buy NDI for foothold in Japanese electronics parts market
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| Tom McCartney |
As seen in Tech-On, Japan -- Avnet Inc, a US trading firm and major distributor of electronics parts, announced that it has entered into an agreement to acquire Nippon Denso Industry Co Ltd (NDI).
Avnet will acquire 100% of the shares in NDI through its Japanese arm Avnet Japan Co Ltd and incorporate NDI in Avnet Japan. The acquisition price was not disclosed. Transfer of the shares will be completed by Dec 29, 2008. Avnet Japan had a press conference to explain the acquisition on Dec 2, 2008.
Avnet intends to expand its technical support and services in the Japanese market. Its sales in Japan will be doubled after this acquisition, according to Avnet. Yukio Kawabata, president and CEO of NDI, will serve as a member of the executive management team of Avnet Japan.
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Voices: Avnet LightSpeed’s Cary Eskow: illuminating energy-efficient design
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| Cary Eskow |
As seen in EDN -- Cary Eskow is director of LightSpeed, the solid-state-lighting- and LED (light-emitting-diode)-business unit of Avnet Electronics Marketing. A 28-year Avnet veteran, he leads Avnet’s national team of illumination-focused engineers experienced in thermal, drive-stage, and optics design and has worked closely with LED manufacturers, advanced analog IC, and secondary optics vendors since receiving his first patent using LEDs two decades ago. He has published more than 30 articles and columns on HB-LED (high-brightness LED)-system design and is a member of the Underwriters Laboratory-8750 LED Standards Technical Panel. Eskow recently spoke to EDN about designing for the HB-LED market. Excerpts of that interview follow.
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Best practices: Al Maag, Chief communications officer Avnet Inc.
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| Al Maag |
As seen in Business Journal of Phoenix -- What does sustainability mean to you? “Making our planet environmentally safe and productive for future generations.”
What is your business doing to be sustainable? “We have worked with our customers and suppliers within the electronics industry on eliminating lead issues for years. Our European team led the awareness and education initiatives in the technology sector on this European Union-mandated issue. Avnet is in the early stages of formalizing its green policies. We are in the process of either doing or reviewing car policies, travel, meeting activities, facility enhancements, freight, and working with our suppliers to educate customers on how they can be more green by using creative solutions or products such as LED lighting.”
How has your business benefited from implementing those practices? “In morale, it’s a matter of pride and a sense of community our employees have embraced that conveys how much we want to be good citizens. We will continue to educate and look for areas to improve — yes, in small ways, like phasing out Styrofoam cups in our cafe and break rooms, and incorporating green practices in a new building in Chandler we just opened, where energy efficiency is an easy win, with sensors for lighting. And just turning off computers at night can save over $100,000. My favorite programs were eliminating water bottles at large meetings. At one held here, we saved $10,000 and we also had a local company take our extra food to shelters.”
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Avnet looks to Cisco to ramp up networking
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| Roy Vallee |
As seen in CRN UK -- Avnet is hoping to strengthen ties with key vendors in 2009 and has identified Cisco as a primary target.
According to chief executive Roy Vallee, the distributor has deep relationships with key vendors across the globe and will be working with them to expand into new regions. But Cisco is the missing link, he said.
“If you look at where we have come – evolving storage, software and servers in the datacentre – and look at where the technology is leading to in the converged communications space, we need to grow our networking business. There are several relationships that we are working on expanding globally,” said Vallee.
“But the one that is missing is Cisco, and that has to be fixed. We know it wants to keep its distribution limited, but this is a matter of looking for the right opportunity.”
Vallee added that the distributor does work with Cisco, but is keen to formalise the relationship.
Keith Humphreys, managing consultant at analyst Eurolan, said: “It is a missing link and it might be the place that Cisco needs a distributor such as Avnet would be in the datacentre sector. Whether or not Cisco would sign up another distributor remains to be seen.”
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Latest News Coverage
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Avnet, Inc.
December 7, 2008 Avnet to Host Analyst Day in New York City
Avnet, Inc. announced that it will host its 2008 Analyst Day at The Crowne Plaza Times Square Hotel on Tuesday, December 16, starting at 8 a.m. (Eastern) and concluding at 12 p.m., followed by a luncheon from 12 to 1:30 p.m.
Trading Markets
December 5, 2008
Avnet Lowers Sales Guidance For Hardware
Avnet lowered its sales guidance for its second quarter ending Dec. 27 by 4 percent to reflect its perception of lower demand for computer and electronic components.
CRN
December 1, 2008
American electronics distributor Avnet buys Japanese firm Nippon Denso Industry news
Avnet Inc said it agreed to buy Japanese company Nippon Denso Industry Co Ltd (NDI) in a move to double its business in Japan and boost earnings.
Domain-B, India
December 1, 2008
Valley Families to Send Holiday Greetings to Troops
Valley military families missing their loved ones serving overseas have an opportunity to give them a glimpse of home during the holidays, thanks to Avnet, Modavox and Metro Studios.
ABC15 Phoenix
October 26, 2008
23 Stocks to Consider During Global Deleveraging
Let me quickly admit that everything that follows could be wrong - one possibly shouldn't own ANY stocks or any assets.
Seeking Alpha
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Avnet Electronics Marketing
December 3, 2008
Avnet Memec Extends e2v Partnership
Avnet Memec, the highly specialised semiconductor distributor of Avnet Electronics Marketing EMEA, announced today that it has extended its European distribution partnership with e2v.
EPN, France
December 1, 2008
Avnet, TI Og Xilinx Med Video-Serie
Avnet Electronics Marketing, an operating group of Avnet, Inc. Texas Instruments (TI) and Xilinx have launched a new eight-part, weekly video series emphasizing power supply design techniques for FPGAs.
Ugens Erhverv, Denmark
November 26, 2008
Nouveaux Designs de Référence PowerWise, pour Sous-Systèmes à Rendement Optimisé
Six nouveaux designs de référence PowerWise® de National Semiconductor Corp. (NYSE : NSM) permettent aux concepteurs d’accélérer la conception en élaborant des produits consommant moins, prolongeant la vie des batteries et dissipant moins de chaleur.
Electronique Magazine, France
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Avnet Technology Solutions
December 5, 2008
VAD-Riese Avnet muss umbauen
Distributor Avnet befindet sich in einer Umbruchsphase: Enttäuscht von der schwachen Geschäftsentwicklung in diesem Jahr verordnet CEO Roy Vallee dem Konzern umfassende Umbaumaßnahmen.
Business & IT, Germany
December 2, 2008
Avnet Technology Solutions Names Steven Chlupsa as VP of Finance
Steven A. Chlupsa will serve as vice president of finance for Avnet Technology Solutions, Americas.
TMCnet
November 28, 2008
Avnet 'Doet' Distributie SanDisk
Avnet Technology Solutions is door SanDisk vanaf heden benoemd tot distributeur voor de enterprise producten.
ChannelWorld, Netherlands
November 28, 2008
Avnet Offers Fast-Track to Oracle
Distribution giant Avnet has unveiled a scheme allowing unauthorised resellers to sell entry-level Oracle technology licences.
CRN UK
November 27, 2008
IT man defies doctors in pledge to row across Atlantic
James Ketchell, Avnet Equip IT man was told he would never row again after an accident , but he's to race across the Atlantic.
Computer Weekly, UK
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Latest Press Releases
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Avnet, Inc.
Press Release:
December 4, 2008
Avnet, Inc. to Present at Credit Suisse 2008 Annual Technology Conference Updates Fiscal Second Quarter Outlook
November 19, 2008
Avnet Partners with Local Companies to Help Valley Military Families Reach Loved Ones Overseas
November 11, 2008
Avnet, Inc. to Present at the Raymond James IT Supply Chain Conference and Credit Suisse Annual Technology Conference
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Avnet Electronics Marketing
Press Release
November 30, 2008
Avnet Acquires Nippon Denso Industry Co., Ltd.
November 21, 2008
Avnet, TI and Xilinx Launch Analog eLab™ Video Series
November 20, 2008
EBV Elektronik Presents the Latest Issue of its Know-How Magazine "The Quintessence" Covering RFID Technology
November 13, 2008
Avnet Electronics Marketing Receives Annual Corporate Award from Murata
November 6, 2008
Avnet Electronics Marketing Americas Expanding Distribution Relationship with ON Semiconductor
November 6, 2008
Avnet Electronics Marketing Americas Executive Honored for Distinguished Service
November 5, 2008
'ECOmise it' -- EBV Elektronik Helps Customers Understand the EuP Directive, Including Its Challenges and Opportunities
November 4, 2008
'ECOmise it': EBV Elektronik Releases White Paper on the Challenge of Climate Change
October 31, 2008
Avnet, The MathWorks, TI, Xilinx Launch Co-Processing SpeedWay Workshop
October 30, 2008
Avnet, Xilinx and Texas Instruments Release Avnet Spartan-3A DSP FPGA / DaVinci Development Platform
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Avnet Technology Solutions
Press Release
December 9, 2008
Avnet Technology Solutions extends relationship with Wi-Fi Specialist Ruckus Wireless
December 9, 2008
Avnet Technology Solutions Taps Industry Veteran Larry Fulop to Lead Embedded Solutions Group in the Americas
November 24, 2008
Steven A. Chlupsa Joins Avnet Technology Solutions as Vice President of Finance
November 18, 2008
Avnet Technology Solutions Expands Its OneTech™ Managed Services with Hosted SharePoint Offering
November 18, 2008
Avnet Technology Solutions Launches New Services to Assist Partners in Recruiting and Hiring Highly Qualified Candidates
November 6, 2008
Tony Vottima Named Vice President of Solutions Marketing and Development, Avnet Technology Solutions, Americas
October 31, 2008
Avnet to Offer EMC's Global Financial Services Leasing Solutions to Reseller Partners
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