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Commitment in contributing to cloud computing in China by introducing server integration solutions
HONG KONG, Nov. 14, 2012 /PRNewswire/ -- Avnet Electronics Marketing Asia, a business region of Avnet, Inc. (NYSE: AVT), today has signed a Memorandum of Understanding (MOU) with the Beijing Municipal Commission of Economy and Information Technology, to offer server integration solutions that support and drive the development of data center and cloud computing industry in China.
The MOU was finalized at a ceremony attended by Gou Zhongwen, Vice Mayor of the Beijing Municipal Government, Jin Wei, Chairman of the Beijing Municipal Commission of Economy and Information Technology, and Stephen Wong, President of Avnet Electronics Marketing Asia, Frederick Fu, Regional President of Avnet Electronics Marketing China and Chuck Kostalnick, Senior Vice President, Avnet Embedded, at the China National Convention Center on 14 November 2012.
In recent years, the Chinese government has been making significant investments in upgrading IT infrastructure, including data center and cloud computing technologies, to drive gross domestic product growth, with an emphasis on green and environmental friendliness. To support the initiative, Avnet Electronics Marketing Asia will establish an integration center in Beijing to provide integration services and build high-performance customized servers for data centers as well as customers in China. Beijing will be the first city where Avnet Electronics Marketing is expanding into this business offering in Asia.
The MOU demonstrates the commitment and dedication from the Beijing government as well as Avnet Electronics Marketing Asia in developing the cloud computing industry. Avnet has been providing turnkey solutions and component design-chain to supply-chain service to its strong customer base in the region. With this new business development, Avnet will be able to offer customers tailored server integration solutions that allow for much greater flexibility and optimization to answer diversified needs, covering markets such as data centers, cloud computing, wireless internet, security, surveillance, education, health and medical industries.
"This tremendous opportunity from the Beijing government will allow Avnet to contribute to cloud computing development in China where we see a promising future and opportunities ahead," said Wong. "The MOU solidifies Avnet's commitment to the creation of unique value to customers, moving up the value chain and addressing their needs. This new opportunity allows us to further broaden our service scope and to offer complete integration solutions to customers, supporting them on technologies related to cloud computing, such as thin client terminal, broadband communication, wireless internet, power supply and mobile data."
"We are pleased to have Avnet, a modern global leader in the high-tech service and embedded market to support the IT development of Beijing particularly in cloud computing," said Gou Zhongwen, Vice Mayor of the Beijing Municipal Government. "With Avnet's proven experience in the technology business, strong local presence and technical expertise, we are confident that Avnet will be able to contribute to support the development of world-class green data centers with top-notch capability."
Avnet will also invest in infrastructure set-up, such as a laboratory focusing on research of advanced server architecture for next generation data center with improved power efficiency, which is important for development of environmentally green data centers and lowered capital investment.
About Avnet Electronics Marketing Asia
Avnet Electronics Marketing, an operating group of Avnet, Inc. (NYSE: AVT), is the leading electronics component distributor in Asia. With its regional headquarters in Singapore, the company has offices in more than 50 locations in Asia. Avnet Electronics Marketing Asia distributes semiconductors, interconnects, passive and electromechanical components to serve a wide range of customers including original equipment manufacturers (OEMs), electronic manufacturing services (EMS) providers, and small- to medium-sized businesses, and provides associated design-chain and supply-chain services. More information is available at http://www.em.avnetasia.com.
About Avnet, Inc.
Avnet, Inc. (NYSE:AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 30, 2012, Avnet generated revenue of US$25.7 billion. For more information, visit www.avnet.com.
For further information please contact:
Winnie Pang
+852-2410-2751
Winnie.pang@avnet.com
