Founded in 1989, PDSi is a leading provider of application-specific hardware and global support solutions for the world’s largest OEMs. For the calendar year 2010, PDSi generated revenue of approximately US$29 million. PDSi will become part of Avnet Integrated Resources, which provides reverse logistics and after-market services to the global technology industry.
“This acquisition builds on our commitment to expand into adjacent businesses and puts in place a third and critical element in our new after-market services business to benefit industrial customers, consumers and the environment,” stated Steve Church, President, Avnet Integrated Resources. “PDSi’s talented employees expand the breadth of our expertise in this rapidly growing industry. With 22 years of experience in repair, refurbishment, recycling and responsible disposition of IT products, PDSi joins Avnet’s two other lifecycle management operations that specialize in cable TV equipment repair and cell phone repair, in serving the electronics reverse logistics industry.”
From facilities in Ohio, Singapore and the Netherlands, PDSi provides services and products for the telecom, imaging, defense/aerospace, medical, semiconductor, industrial automation and IT markets. PDSi provides a variety of engineering and manufacturing services for global OEMs requiring custom product design, system integration, repair programs, warranty management and specialized production capabilities. In addition to service offerings, PDSi’s product capabilities range from board-level designs to globally certified, fully integrated systems. The investment is expected to be immediately accretive to earnings and supports Avnet’s return on capital goal of 12.5%.
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