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Avnet, Inc.
AVT
announced today that it has signed an agreement to acquire Orchestra
Service GmbH (Orchestra), a specialist German IT distributor of
innovative storage solutions and services around EMC products.
Headquartered in Munich, Germany, Orchestra has developed strong
storage-centric expertise to help its customers grow and take advantage
of the many opportunities that exist today as well as position itself
for market growth in areas such as cloud computing, big data and
information management. The transaction, which is subject to normal
regulatory approvals, is expected to close within 30 days.
Graeme Watt, president, Avnet Technology Solutions EMEA, commented,
"This acquisition presents meaningful opportunities for both Avnet and
Orchestra to
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