Avnet, Inc. (Avnet) together with its subsidiaries, is an industrial distributor of electronic components, enterprise computer and storage products and embedded subsystems. The Company distributes electronic components, computer products and software as received from its suppliers or with assembly or other value added by Avnet. In addition, Avnet provides engineering design, materials management and logistics services, system integration and configuration, and supply chain services that can be customized to meet the requirements of both customers and suppliers. Avnet has two primary operating groups: Electronics Marketing (EM) and Technology Solutions (TS). In August 2012, it acquired the operating assets of the electronic components distribution business of C.R.G. Electronics Ltd. In August 2012, it acquired Pepperweed Consulting. In October 2012, it acquired Magirus Group. In January 2013, the Company acquired TSSLink Inc.