CEO: Rick Hamada
Dec. 31, 2012: $30.61
June 28, 2013: $33.60
Distributor Avnet's stock has been on the rise, despite the fact the company reported a 2.7 percent sales decline to $18.9 billion for the first nine months (ended March 30) of the company's fiscal 2013.
In January Avnet announced it had acquired TSSLink, an IT professional services company, in a move Avnet said would expand its expertise in data storage and virtualization services.
In June, Avnet announced a deal to acquire Seamless Technologies, a systems integrator that specializes in cloud computing, data center automation services and information technology infrastructure library (ITIL) best practices.