REDMOND, Wash. — Dec. 20, 2010 — Avnet Inc., one of Windows Embedded’s three U.S. authorized distributors and one of the largest distributors of electronic components, computer products and embedded technology, celebrated its 50th anniversary as a public company on the New York Stock Exchange (NYSE). On Wednesday, Dec. 15, 2010, the company commemorated this milestone by ringing the NYSE Closing Bell. To view the replay, click here.
Avnet first got its start selling decanters and musical instruments, along with various other products, and later sold radio parts from 1921 to present in New York. The company has seen and overcome various obstacles during the past five decades, including the Great Depression, World War II and Y2K. First listed on NYSE on Dec. 30, 1960, Avnet has evolved from a diversified conglomerate to a focused technology distributor. It is one of only 350 companies to achieve 50 years on the NYSE.
“Windows Embedded congratulates Avnet for 50 years on the NYSE,” said Valerie Olague, senior regional marketing manager for Microsoft’s Windows Embedded business. “This is an exciting milestone and rare achievement, and such recognition speaks volumes to the organization’s determination, commitment and contributions within the technology sector.”
Avnet Technology Solutions has been distributing a full line of Windows Embedded products to OEMs since 1999. During this time Avnet has helped guide customers through the toolkit and purchasing process, pairing Windows Embedded software, hardware and services to offer a complete and packaged solution.
“Driven by the proliferation of technology, profitable organic growth and strategic acquisitions — 115 since joining the NYSE — Avnet has advanced rapidly while demonstrating financial sustainability over the last 50 years on the NYSE, and is well positioned to continue to thrive as an industry leader,” said Roy Vallee, Avnet’s chairman and chief executive officer.
For interesting facts about Avnet, its history and business, visit the Avnet website. For additional updates, you can also find Avnet on Twitter and on Facebook.