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Stock impact report

Panasas Signs Worldwide Manufacturing and Fulfillment Partnership with Avnet

Avnet, Inc. (AVT) 
Last avnet, inc. earnings: 4/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.avnet.com/investor-relations
Company Research Source: Business Wire
New partnership will be foundational to Panasas’ global growth and expansion SAN JOSE, Calif.--(BUSINESS WIRE)--Panasas, a leading data solutions provider for high-performance computing (HPC) and artificial intelligence (AI), and Avnet (Nasdaq: AVT) today announced an agreement enabling Panasas to use Avnet Integrated, the global advanced systems integration arm of Avnet, as its primary manufacturing and fulfillment operations partner. The partnership will enable Panasas to benefit from Avnet’s global supply chain and worldwide manufacturing footprint, strengthening Panasas’ competitive position and ability to support its growth across the global HPC and AI storage market.“Avnet Integrated excels in optimizing IT product development, manufacturing at scale, and solutions deployment, globally. This enables our customers to increase their pace of innovation and ultimately elevate their competitiveness,” said Nicole Enright, President of Avnet Integrated. “The agreement with Panasas p Show less Read more
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