Avnet completed its $631 million acquisition of Bell Micro. The Phoenix-based distributor paid $7 per share in cash for Bell Microproducts Inc., a distributor with a strong storage practice, 1,900 employees worldwide and $3 billion in sales last year.
Avnet Inc. announced its intentions to buy Bell Micro in late March. Now that the deal is done, it will integrate Bell Micro's Latin America and Europe/Mideast/Africa businesses into Avnet Technology Solutions. The company said it will also "explore strategic alternatives" for Bell Micro's single-tier reseller business, which sold about $450 million worth of IT last year.
The buyout of Bell Micro is the "largest acquisition in Avnet's history on a revenue basis," Avnet chairman Roy Vallee said in a statement Tuesday.
Amazon IT starts to move to the cloud
One might think that Amazon.com runs its internal ops on Amazon Web Services but one would be wrong. That is starting to change as Amazon IT director Jen Boden begins to move the technology innards of the huge e-tailer over to those Amazon Web Services. In that effort, she faces the same challenges as other IT professionals worldwide, taking years worth of technology — some homegrown, some out of the box — and rehosting it on shared infrastructure.
IBM to buy BigFix
IBM plans to buy BigFix Inc. a developer of configuration and vulnerability management software. The computing giant said the purchase will add endpoint protection services to its data center software business.
BigFix Inc., in Emeryville, Calif., specializes in software that detects devices that fail to meet corporate IT policies. BigFix uses agents to detect devices that don't have the latest antivirus, anti-malware signatures or other vendor patches and aren't configured properly to operate on the network.
Terms of the deal were not disclosed, but BigFix will become part of IBM Software Group.
Check out last week's IT channel news in brief.
Dig deeper on IT Distributors-Wholesale Providers