PHOENIX--(BUSINESS WIRE)--Avnet Technology Solutions, an operating group of Avnet, Inc. (NYSE: AVT), today announced the expansion of its Latin America and Caribbean relationship with Oracle from Brazil, Chile, Mexico and Puerto Rico to also include Venezuela, as well as bolstered offerings in Puerto Rico, where Oracle Software is already available. Specifically, Avnet will now offer Oracle’s full-stack capabilities, including Oracle Systems, Oracle Technology and Oracle Applications in Venezuela. Additionally, Avnet will provide channel partners with Oracle Systems initially in Puerto Rico, and Avnet plans to extend this into other Caribbean markets in the future. Combining Oracle’s state-of-the-art offerings and Avnet’s market-proven integration expertise, these expansions can allow channel partners in these markets to more effectively address their customers’ business needs.

“These are key market inroads in the Latin America and Caribbean region for Avnet and Oracle,” said Jackelin Ramirez, general manager for the Northern Cone Region at Avnet Technology Solutions, Latin America and Caribbean. “It’s noteworthy for channel partners because they will be able to rely on our local market knowledge and regional business development practices in Venezuela. Both local Venezuelan and worldwide channel partners that want to establish operations in Venezuela will benefit from this launch. In the case of our Puerto Rico operations, this addition will gradually enable VARs in the Caribbean to complete their offerings with Oracle Systems designed for the middleware, software and applications that Oracle provides for end users.”

Avnet is one of the largest global distributors of Oracle solutions. It supports Oracle and its channel partner community in 58 countries throughout the Americas, Asia Pacific, and Europe, the Middle East and Africa. Through its long-standing relationship with Oracle, Avnet has brought a wide range of innovative tools, resources and programs to market to accelerate channel partners’ success. For example, Avnet and Oracle recently launched the Avnet Mid-market Accelerator for Oracle Software in Brazil, Chile and Mexico. Exclusively available through Avnet’s channel partners, this new, cost-effective solution allows mid-sized companies to harness the power of big data and cloud computing with Oracle’s high-performance database technologies.

”We are excited Avnet is extending their distribution of Oracle solutions in Latin America and Caribbean,” said Bruce Chumley, group vice president, Worldwide Alliances and Channels Sales, Oracle. “This strategic alliance strengthens Avnet and Oracle’s relationship by adding new territories and enhancing the overall portfolio with our unique business development programs.”

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For more information on Avnet Technology Solutions in Latin America and Caribbean, please visit ats.avnet.com/en-lac.

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About Avnet Technology Solutions

As a global IT solutions distributor, Avnet Technology Solutions transforms technology into business solutions for customers around the world. It collaborates with customers and suppliers to create and deliver services, software and hardware solutions that address the changing needs of end-user customers. The group serves customers and suppliers in North America, Latin America and Caribbean, Asia Pacific, and Europe, Middle East and Africa. It generated US $11.0 billion in annual revenue for fiscal year 2014. Avnet Technology Solutions is an operating group of Avnet, Inc. For more information, visit http://www.ats.avnet.com.

About Avnet, Inc.

Avnet, Inc. (NYSE: AVT), a Fortune 500 company, is one of the largest distributors of electronic components, computer products and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the world's leading technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. For the fiscal year ended June 28, 2014, Avnet generated revenue of $27.5 billion. For more information, visit www.avnet.com.