Today, Avnet, Inc. announced that they have acquired San Jose, CA-based IT services organization, TSS Link, Inc. This acquisition will allow Avnet to greatly expand their service offerings.
“This acquisition supports the strategic expansion of our services portfolio and further strengthens our ability to deliver a comprehensive IT solution for our business partners. A key component of our solutions distribution strategy is the ability to drive growth for our suppliers and value-added resellers in markets where demand is continually increasing, such as storage and virtualization,” explained Jeff Bawol, President Avnet Technology Solutions, Americas, in a press release today.
TSS Link, Inc., which will become a part of the Avnet Technology Solutions, Americas division, has been in the IT Services industry since 2004. They offered a wide range of services to their North American customers, including end-user training, tech support, consulting and outsourcing services, technical staff augmentation and disaster recovery.
According to today’s press release, the announced acquisition will help Avnet reach their return on capital goal of 12.5%. For more information about Avnet, Inc., please visit the site here.
