This milestone represents a century of transformation and resilience, and Avnet's Centennial Central website celebrates the people, values and foundation that have helped the company thrive over its 100-year history.
"Congratulations to the employees, leaders, partners, shareholders and customers who have helped the company reach this landmark anniversary. Your talent, relationships and innovative spirit will help us further drive technology forward in the next century," said
Throughout the years, Avnet embarked on a continuous transformation alongside the ever-evolving technology market. Resiliency, adaptability and execution have been key as Avnet continues to enable its customers and accelerate technological development through its expertise in components distribution and deep knowledge of the global supply chain. Today, Avnet is continually strengthening and evolving its core business, managing the complex global environment with diverse revenue streams that drive top-line growth while continuing to innovate and accelerate our differentiated capabilities such as digital,
KEY DATES
* 1921: Avnet was founded by
* 1940s: The company opened its first manufacturing facility to assemble state-of-the-art military antennas-remaining at the forefront of innovation by helping master this technology and condense delivery times to help the
* 1955: Avnet was incorporated.
* 1956: The company opened its second connector assembly plant near
* 1959: Avnet goes public on the
* 1965: Avnet purchased Guild Musical Instruments. Throughout the 1960s and 70s, the company made guitars and counted The Beatles and
* 1968: Avnet landed on the moon for the second time. The company provided a range of zero-defect components to Hughes Aircraft, which built the Surveyor soft-landing lunar spacecraft. The fifth Surveyor touched down at the Tycho Crater on
* 1969: Avnet became the first technology distributor to place an order with Intel.
* 1975: Avnet operated 33 microprocessor demonstration centers, as semiconductor sales were almost triple that of connectors.
* 1979: Avnet opens the
* 1984: When chip supply began outstripping demand and created an excess of inventory throughout the semiconductor industry in the 1980s, Avnet revolutionized the industry by centralizing and automating its inventory management in its first mega-warehouse in
* 1987: Avnet launches a second mega-warehouse in
* 1993: Avnet was the only distributor in the US to offer all five American semiconductor lines.
* 1997: Avnet Design Services is launched to meet customers' demand for engineering and technical assistance.
* 1999: Avnet opens a distribution center in
* 2000-2020: Avnet acquired 68 companies, including
* 2012: Farnell begins selling the first Raspberry Pi, the Model B. By 2020, Farnell had sold 15 million of the 30 million Raspberry Pis sold.
* 2021: Avnet celebrates its 100th anniversary with a continued commitment to furthering today's ideas into tomorrow's technologies.
Multimedia assets:
* Celebrating 100 years throughout 2021: www.centennialcentral.com
* Creation of the 100th anniversary logo: https://www.centennialcentral.com/avnet-logo-story/
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* Avnet on the moon: https://www.centennialcentral.com/avnet-moon-landing/ * State-of-the-art in the '40s: https://www.centennialcentral.com/rosie-the-riveter-further-together/
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