Avnet Makes Latin America Acquisition
Avnet remains in acquisition mode. The distributor this week scooped up Tallard Technologies, an asset that will propel them deeper into Latin America. Here’s what Avnet potentially gains from Tallard.
Tallard is a value-added distributor that delivers global brands and solutions across Latin America. They have headquarters in Miami, Florida, and Tallard distributes “servers, software, peripherals, convergence equipment and enterprise integration services directed toward resellers, solution providers and systems integrators.”
So what’s in the Tallard package? Roughly 150 employees, along with a strong reseller base and an outreach to 30 countries in Latin America. Apple, Avaya, IBM, NetApp and Novell all are part of Tallard’s IT portfolio.
Tallard Technologies will eventually be assimilated into the Avnet Technology Solutions, Americas branch and expected to be “immediately accretive to earnings and supports Avnet’s return on capital,” according to an Avnet statement.