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Avnet, Inc. (NYSE:AVT), Phoenix, AZ, has agreed to acquire French IT distributor Amosdec SAS.
Amosdec is in the field of virtualization and storage management solutions throughout France.
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During 2010, Amosdec generated revenue of US$90 million.
Graeme Watt, president of Avnet Technology Solutions, Europe, Middle East and Africa, said: "The acquisition of Amosdec will significantly strengthen Avnet Technology Solutions' position in France, the third largest IT market in Europe. Amosdec's excellent leadership team and talented employees along with its strong market position with VMware and NetApp provides us with the opportunity to further develop our software, storage, and services portfolio throughout EMEA."
Headquartered in Paris, Amosdec offers technical consultancy and training, pre-sales support and installation services to its 500+ value-added reseller (VAR) partners.
Avnet is a distributor of electronic components, computer products and embedded technology serving customers in more than 70 countries worldwide. For the fiscal year ended July 3, 2010, Avnet had revenue of $19.16 billion.