Avnet Inc has announced that it has completed its acquisition of German IT distributor Orchestra Service Gmbh.
The new subsidiary, based in Munich, Germany’s Gilching suburb, specializes in storage solutions and EMC product services. It markets itself as a value-added distributor focused on backup and recovery, archiving, replication and storage.
“The acquisition of Orchestra is part of our long-term strategic plan to expand Avnet’s solutions portfolio in the region, while strengthening our EMC partnership in Germany,” Patrick Zammit, global president of Avnet Technology Solutions said in a statement. “Orchestra’s capabilities are an excellent complement to our converged infrastructure solutions offerings.”
The acquisition was first announced Sept 30. The company was founded in 1998, and had revenues of approximately US$95 million in the 2014 calendar year.