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Avnet acquires Australian software distributor

AVNET Technology Solutions will acquire itX Group, an Australian distributor of software, hardware and services, for $77.5m.

According to Avnet, the acquisition will double its presence in Australia, while adding complementary suppliers and business partners.

itX distributes software, hardware and services from various suppliers including Oracle, IBM, HP, VMware, Apple, Citrix, Red Hat, and Trend Micro. It also owns Briell Marketing, a distributor of specialised printers and media for identification and security cards, medical and photographic imaging.

itX has offices in Sydney, Melbourne, Brisbane, Perth, Canberra and Adelaide, and approximately 150 employees.

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