Avnet Inc. (NYSE: AVT), Phoenix, AZ, has agreed to acquire Orchestra Service GmbH, Munich, Germany.
Orchestra, with 2014 sales of $95 million, is an IT distributor of innovative storage solutions and services around EMC products. The company will be integrated into Avnet Technology Solutions’ EMEA business.
“Orchestra is a strong fit to our converged infrastructure solutions strategy and positions us well for growth in the third platform and the Internet of Things,” said Graeme Watt, president, Avnet Technology Solutions EMEA. “This acquisition is very complementary to our existing solutions portfolio in Germany and across EMEA.”