Avnet Agrees to Acquire Seamless Technologies - Modern Distribution Management

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Avnet Agrees to Acquire Seamless Technologies

The acquisition expands cloud and automation solutions.
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Avnet Inc. (NYSE: AVT), Phoenix, AZ, has agreed to acquire Seamless Technologies, an IT private cloud and data center automation service provider.

Seamless Technologies provides services in IT infrastructure software technologies, automation, cloud, virtualization, integration and information technology infrastructure library best practices. The company had sales of $14 million in 2012.

 “The addition of these new service offerings supports our long-range vision of solutions distribution, delivering technologies, services and solutions that provide high business value and accelerate hardware, software and services sales. Seamless Technologies’ domain expertise in financial services, healthcare, and insurance will complement our SolutionsPath strategy,” said Tony Vottima, senior vice president and general manager, Avnet Services, Americas.

This transaction is expected to close in 30 days, and Seamless Technologies will be integrated into the operations of Avnet Services.

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