<PAGE>

                                                                   Exhibit 3.2
 
                       AMENDED AND RESTATED  BYLAWS OF

                         SAVOIR TECHNOLOGY GROUP, INC.

                           (A Delaware Corporation)


                                   ARTICLE I

                                    OFFICES
                                    -------

     1.1   Registered Office.  The registered office of the Corporation shall be
           -----------------                                                    
in the City of Wilmington, County of New Castle, State of Delaware.

     1.2   Other Offices.  The Corporation may additionally have offices at such
           -------------                                                        
other places, both within and without the State of Delaware, as the Board of
Directors from time to time may determine or the business of the Corporation may
require.


                                  ARTICLE II

                           MEETINGS OF STOCKHOLDERS
                           ------------------------

     2.1   Annual Meeting.  An annual meeting of the stockholders shall be held
           --------------                                                      
for the purpose of electing directors and conducting such other business as may
come before the meeting. The date, time and place, within or without the State
of Delaware, of the annual meeting shall be determined by resolution of the
Board of Directors.

     2.2   Procedure of Annual Meeting; Notice of Annual Meeting.  To be
           -----------------------------------------------------        
properly brought before the annual meeting, business must be either (a)
specified in the notice of meeting (or any supplement thereto) given by or at
the direction of the board of directors, (b) otherwise properly brought before
the meeting by or at the direction of the board of directors, or (c) otherwise
properly brought before the meeting by a stockholder of record. In addition to
any other applicable requirements, for business to be properly brought before
the annual meeting by a stockholder, the stockholder must have given timely
notice thereof in writing to the Secretary of the corporation. To be timely, a
stockholder's notice must be delivered to or mailed and received at the
principal executive offices of the corporation, addressed to the attention of
the Secretary of the corporation, within the time specified in the federal proxy
rules for timely submission of a stockholder proposal for inclusion of such
proposal in the proxy statement of the corporation or, if not within such time,
then not less than 35 days nor more than 60 days prior to the meeting; provided,
however, that in the event that less than 50 days' notice or prior public
disclosure of the date of the meeting is given or made to stockholders, notice
by the stockholder to be timely must be so received by the earlier of (a) the
close of business on the 15th day following the day on which such notice of the
date of the annual meeting was mailed or such public disclosure was made,
whichever first occurs, and (b) two days prior to the date of the meeting. A
stockholder's

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notice to the Secretary shall set forth as to each matter the stockholder
proposes to bring before the annual meeting (i) a brief description of the
business desired to be brought before the annual meeting, (ii) the name and
record address of the stockholder proposing such business, (iii) the class and
number of shares of the corporation which are beneficially owned by the
stockholder, and (iv) any material interest of the stockholder in such business.
Notwithstanding anything in these by-laws to the contrary, no business shall be
conducted at the annual meeting except in accordance with the procedures set
forth in this Section 2.2; provided, however, that nothing in this Section 2.2
shall be deemed to preclude discussion by any stockholder of any business
properly brought before the annual meeting.

     All such notices of an annual meeting shall be delivered, either personally
or by mail, by or at the direction of the Board of Directors, the President or
the Secretary, not less than ten (10), nor more than sixty (60) days before the 
date of the meeting and if mailed, such notice shall be deemed to be delivered
when deposited in the United States mail addressed to the stockholder at his
address as it appears on the records of the Corporation, with postage prepaid.

     The Chairman of the Board of Directors shall, if the facts warrant,
determine and declare to the meeting that business was not properly brought
before the meeting in accordance with the provisions of this Section 2.2, and if
he should so determine, he shall so declare to the meeting and any such business
not properly brought before the meeting shall not be transacted.

     2.3   Nomination of Directors.  Only persons who are nominated in
           -----------------------                                    
accordance with the following procedures shall be eligible for election as
directors. Nominations of persons for election to the Board of Directors at the
annual meeting, by or at the direction of the Board of Directors, may be made by
the nominating committee of the Board of Directors or person appointed by the
Board of Directors; nominations may also be made by any stockholder of record of
the corporation entitled to vote for the election of directors at the meeting
who complies with the notice procedures set forth in this Section 2.3. Such
nominations, other than those made by or at the direction of the Board of
Directors, shall be made pursuant to timely notice in writing to the Secretary
of the corporation. To be timely, a stockholder's notice shall be delivered to
or mailed and received at the principal executive offices of the corporation
addressed to the attention of the Secretary of the corporation not less than 35
days prior to the meeting; provided, however, that, in the case of an annual
meeting and in the event that less than 50 days' notice or prior public
disclosure of the date of the meeting is given or made to stockholders, notice
by the stockholder to be timely must be so received not later than the earlier
of (a) the close of business on the 15th day following the day on which such
notice of the date of the meeting was mailed or such public disclosure was made,
whichever first occurs, or (b) two days prior to the date of the meeting. Such
stockholder's notice to the Secretary shall set forth (a) as to each person whom
the stockholder proposes to nominate for election or reelection as a director,
(i) the name, age, business address and residence address of the person, (ii)
the principal occupation or employment of the person, (iii) the class and number
of shares of capital stock of the corporation which are beneficially owned by
the person, (iv) a statement as to the person's citizenship, and (v) any other
information relating to the person that is required to be disclosed in
solicitations for proxies for election of directors pursuant to Section 14 of

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the Securities Exchange Act of 1934, as amended, and the rules and regulations
promulgated thereunder; and (b) as to the stockholder giving the notice, (i) the
name and record address of the stockholder and (ii) the class, series and number
of shares of capital stock of the corporation which are beneficially owned by
the stockholder. The corporation may require any proposed nominee to furnish
such other information as may reasonably be required by the corporation to
determine the eligibility of such proposed nominee to serve as director of the
corporation. No person shall be eligible for election as a director of the
corporation unless nominated in accordance with the procedures set forth herein.

     In connection with any annual meeting, the Chairman of the Board of
Directors shall, if the facts warrant, determine and declare to the meeting that
a nomination was not made in accordance with the foregoing procedure, and if he
should so determine, he shall so declare to the meeting and the defective
nomination shall be disregarded.

     2.4   Special Meetings.  Special meetings of the stockholders for any other
           ----------------                                                     
purpose may be held at such time and place, within or without the State of
Delaware, as shall be stated in the notice of the meeting or in a duly executed
waiver of notice thereof. Special meetings may be called by the Board of
Directors, or by the President, and shall be called by the President at the
request of the holders of a majority of the outstanding shares of capital stock
entitled to vote. Such request shall state the purpose or purposes of the
proposed special meeting. Business transacted at any special meeting of
stockholders shall be limited to the purpose or purposes stated in the notice.

     2.5   Notice of Special Meeting.  Upon request in writing delivered either
           -------------------------                                           
in person or by registered or certified mail, return receipt requested, to the
Chairman, Chief Executive Officer, President or Secretary by any person entitled
to call a special meeting of stockholders, it shall be the duty of such
Chairman, Chief Executive Officer, President or Secretary forthwith to cause to
be given to the stockholders entitled thereto notice of such meeting to be held
on a date not less than 20 nor more than 90 days after the receipt of such
request, as such officer may fix. If such notice is not given within 40 days
after the delivery of or mailing of such request, the persons calling the
meeting may fix the time of meeting and give notice thereof as in the manner
hereinafter provided, or cause such notice to be given by any designated
representative.

     All such notices of a special meeting shall be delivered, either personally
or by mail, by or at the direction of the Board of Directors, the President or
the Secretary, not less than ten (10), nor more than sixty (60) days before the
date of the meeting and if mailed, such notice shall be deemed to be delivered
when deposited in the United States mail addressed to the stockholder at his
address as it appears on the records of the Corporation, with postage prepaid.

     Except where express provision is made by statute, notice of such special
meetings shall be given in the same manner and contain the same statements as
required for annual meetings of stockholders. Notice of any special meeting
shall also specify the purpose or purposes of such meeting and no other business
may be transacted at such meeting. Except where express provision is made by
statute, the procedures for bringing business before a

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special meeting of the stockholders shall be the same as those required for
bringing business before an annual meeting.

     2.6   Stockholder Lists.  The officer having charge of the stock ledger of
           -----------------                                                   
the Corporation shall prepare and make, at least ten days before every meeting
of stockholders, a complete list of the stockholders entitled to vote at such
meeting, arranged in alphabetic order, specifying the address of and the number
of shares registered in the name of each stockholder. Such list shall be open to
the examination of any stockholder, for any purpose germane to the meeting,
during ordinary business hours, for a period of at least ten days prior to the
meeting, either at a place within the city where the meeting is to be held,
which place shall be specified in the notice of the meeting, or, if not so
specified, at the place where the meeting is to be held. The list also shall be
produced and kept at the time and place of the meeting during the whole time
thereof, and may be inspected by any stockholder who is present.

     2.7   Quorum and Adjournments.  The holders of a majority of the stock
           -----------------------                                         
issued and outstanding and entitled to vote thereat, present in person or
represented by proxy, shall constitute a quorum at all meetings of the
stockholders except as otherwise provided by statute or by the certificate of
incorporation. If a quorum is not present, the holders of the shares present in
person or represented by proxy at the meeting, and entitled to vote thereat,
shall have the power, by affirmative vote of the holders of a majority of such
shares, to adjourn the meeting to another time and/or place. Unless the
adjournment is for more than thirty (30) days or unless a new record date is set
for the reconvened meeting, no notice of the reconvened meeting need be given to
any stockholder, provided that the time and place of the reconvened meeting are
announced at the meeting at which the adjournment is taken. If the adjournment
is for more than thirty (30) days, or if after the adjournment a new record date
is fixed for the reconvened meeting, a notice of the reconvened meeting shall be
given to each stockholder of record entitled to vote at the meeting. At the
reconvened meeting, the Corporation may transact any business which might have
been transacted at the original meeting.

     2.8   Majority.  When a quorum is present at any meeting, the vote of the
           --------                                                           
holders of a majority of the stock having voting power present in person or
represented by proxy shall decide any question brought before such meeting,
unless the question is one upon which, by express provision of an applicable
statute or of the certificate of incorporation, a different vote is required, in
which case such express provision shall govern and control the decision of such
question.

     2.9   Voting.  Every stockholder shall, at every meeting of the
           ------                                                   
stockholders, be entitled to one vote in person or by proxy for each share of
the capital stock having voting power held by such stockholder, except that no
proxy shall be voted on after three years from its date, unless such proxy
provides for a longer period. A duly executed proxy shall be irrevocable if it
states that it is irrevocable and if, and only as long as, it is coupled with an
interest sufficient in law to support an irrevocable power. A proxy may be made
irrevocable regardless of whether the interest with which it is coupled is an
interest in the

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stock itself or an interest in the Corporation generally. Voting at meetings of
stockholders need not be by written ballot.

     2.10  Consent of Absentees.  The transactions of any meeting of
           --------------------                                     
stockholders, however called and noticed, shall be valid as though had at a
meeting duly held after regular call and notice, if a quorum was present either
in person or by proxy, and if, either before or after the meeting, each of the
stockholders entitled to vote, not present in person or by proxy, signs a
written waiver of notice or a consent to the holding of such meeting, or an
approval of minutes thereof. All such waivers, consents or approvals shall be
filed with the corporate records or made a part of the minutes of the meeting.

     2.11  Action Taken Without a Meeting.  Unless otherwise restricted by the
           ------------------------------                                     
Certificate of Incorporation, any action required or permitted to be taken at
any annual or special meeting of the stockholders may be taken without a
meeting, without prior notice and without a vote, if a consent or consents in
writing, setting forth the action so taken, shall be signed by the holders of
outstanding stock having not less than the minimum number of votes that would be
necessary to authorize or take such action at a meeting at which all shares
entitled to vote thereon were present and voted. Prompt notice of the taking of
the corporate action without a meeting by less than unanimous written consent
shall be given to those stockholders who have not consented in writing. Every
written consent shall bear the date of signature of each stockholder or member
who signs the consent, and no written consent shall be effective to take the
corporate action referred to therein unless, within sixty (60) days of the
earliest dated consent delivered to the Corporation in the manner required by
the General Corporation Law of Delaware, written consents signed by sufficient
number of holders or members to take this action are delivered to the
Corporation by delivery to its registered office in the State of Delaware, its
principal place of business, or an officer or an agent of the Corporation having
custody of the book in which proceedings of meetings of stockholders are
recorded. Delivery made to the Corporation's registered office shall be by hand
or by certified or registered mail, return receipt requested.

     2.12  Record Date of Stockholders.  The Board of Directors is authorized to
           ---------------------------                                          
fix in advance the date not exceeding sixty (60) nor less than ten (10) days
preceding the date of any meeting of stockholders, or the date for the payment
of any dividend, or the date for the allotment of rights, or the date when any
change or conversion or exchange of capital stock shall go into effect, as the
record date for the determination of the stockholders entitled to notice of, and
to vote at, any such meeting, and any adjournment thereof, or entitled to
receive payment of any such dividend, or to any such allotment of rights, or to
exercise the rights in respect of any such change, conversion or exchange of
capital stock, or to give such consent, and, in such case, such stockholders and
only such stockholders as shall be stockholders of record on the date so fixed
shall be entitled to such notice of, and to vote at, such meeting, and any
adjournment thereof, or to receive payment of such dividend, or to receive such
allotment of rights, or to exercise such rights, or to give such consent, as the
case may be, notwithstanding any transfer of any stock on the books of the
Corporation, after such record date fixed as described above.

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     2.13  Conduct of Meeting.  The Chairman of the Board of, in his or her
           ------------------                                              
absence the President or any Vice President designated by the Chairman of the
Board, shall preside at all regular or special meetings of stockholders. To the
maximum extent permitted by law, such presiding person shall have the power to
set procedural rules, including but not limited to, rules respecting the time
allotted to stockholders to speak, governing all aspects of the conduct of such
meetings.

     2.14  Notice of Business Proposed at Meetings.  To be properly brought
           ---------------------------------------                         
before any meeting of the stockholders, business must either be (a) specified in
the notice of meeting (or any supplement thereto) given by or at the direction
of the Board of Directors, (b) otherwise properly brought before the meeting by
or at the direction of the Board of Directors, or (c) otherwise properly brought
before the meeting by a stockholder. In addition to any other applicable
requirements, for business to be properly brought before a meeting by a
stockholder, the stockholder must have given timely notice thereof in writing to
the Secretary of the Corporation.

     Notwithstanding anything in these Bylaws to the contrary, no business shall
be conducted at any meeting except in accordance with the procedures set forth
in this Section 2.14, provided, however, that nothing in this Section 2.14 shall
                      --------  -------                                         
be deemed to preclude discussion by any stockholder of any business properly
brought before a meeting.

     The Chairman of the Board shall, if the facts warrant, determine and
declare to the meeting that business was not properly brought before the meeting
in accordance with the provisions of this Section 2.14, and if he or she should
so determine, he or she shall so declare to the meeting and any such business
not properly brought before the meeting shall not be transacted.

     2.15  Inspectors of Election.  In advance of any meeting of stockholders,
           ----------------------                                             
the Board of Directors may appoint any person(s), other than nominees for
office, inspectors of election to act at such meeting or any adjournment
thereof. If inspectors of election are not so appointed, the President may, and
on the request of any stockholder or his proxy, shall, make such appointment at
the meeting. The number of inspectors shall be either one (1) or three (3). If
appointed at a meeting on the request of one or more stockholders or proxies,
the majority of shares present shall determine whether one (1) or three (3)
inspectors shall be appointed. In case any person appointed as inspector fails
to appear or fails or refuses to act, the vacancy may be filled by appointment
by the Board of Directors in advance of the meeting, or at the meeting by the
President. The duty of such inspector shall include the following: determining
the number of shares outstanding and the voting power of each; the shares
represented at the meeting, the existence of a quorum and the authenticity and
effect of proxies; receiving votes, ballots or consents; hearing and determining
all challenges and questions in any way arising in connection with the right to
vote; counting and tabulating all votes or consents; determining the results;
and such other acts as may be proper to conduct the election or vote with
fairness to all stockholders.

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                                  ARTICLE III

                                   DIRECTORS
                                   ---------

     3.1   Powers.  The business and affairs of the Corporation shall be managed
           ------                                                               
by or under the direction of the Board of Directors, which may exercise all such
powers of the Corporation and do all such lawful acts and things as are not by
statute or by the certificate of incorporation or by these bylaws directed or
required to be exercised or to be done by the stockholders.

     3.2   Number, Election and Term of Office.  The number of the directors of
           -----------------------------------                                 
the Corporation shall be determined from time to time by resolution of the Board
of Directors. The initial number of authorized members of the Board of Directors
shall consist of six (6) directors, until such time as the Board of Directors
modifies such number by amendment to this Paragraph 3.2. All directors shall be
elected at the annual meeting or any special meeting of the stockholders, except
as provided in Section 3.3, and each director so elected shall hold office until
the next annual meeting and until his or her successor is elected and qualified
or until his or her earlier resignation or removal. Directors need not be
stockholders.

     In connection with any annual meeting, the Chairman of the board of
directors shall, if the facts warrant, determine and declare to the meeting that
a nomination was not made in accordance with the foregoing procedure, and if he
should so determine, he shall so declare to the meeting and the defective
nomination shall be disregarded.

     3.3   Vacancies.  A vacancy or vacancies in the Board of Directors shall be
           ---------                                                            
deemed to exist in the case of death, resignation or removal of any director for
cause, or if the authorized number of directors be increased. Vacancies may be
filled by a majority of the remaining directors, though less than a quorum, or
by a sole remaining director, unless otherwise provided in the Certificate of
Incorporation. The stockholders may elect a director or directors at any time to
fill any vacancy or vacancies not filled by the directors. If the Board accepts
the resignation of a director tendered to take effect at a future time, the
Board shall have power to elect a successor to take office when the resignation
is to become effective. If there are no directors in office, then an election of
directors may be held in the manner provided by statute. If, at the time of
filling a vacancy or any newly created directorship, the directors then in
office shall constitute less than a majority of the whole Board (as constituted
immediately prior to any such increase), the Court of Chancery may, upon
application of any stockholder or stockholders holding at least ten percent
(10%) of the total number of the shares at the time outstanding having the right
to vote for such directors, summarily order an election to be held to fill any
such vacancies or newly created directorships, or to replace the directors
chosen by the directors then in office.

     3.4   Annual Meetings.  The annual meeting of each newly elected Board of
           ---------------                                                    
Directors shall be held at such time and place as is specified by the
stockholders at the meeting at which the directors were elected. If no such time
and place is specified by the stockholders, the President shall specify such
time and place and give at least twenty-four

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(24) hours' notice thereof to each newly elected director, either personally, by
telephone, by mail or by telegraph.

     3.5   Regular Meetings.  Regular meetings, other than the annual meeting,
           ----------------                                                   
of the Board of Directors shall be held at such times and places within or
without the State of Delaware as shall be determined, from time to time, by
resolution of the Board of Directors.

     3.6   Special Meetings.  Special meetings of the Board of Directors may be
           ----------------                                                    
called by the President, any Vice President or the Secretary, and shall be
called by the President upon the express written request of any two directors,
on twenty-four (24) hours' prior notice to each director, either personally, by
telephone, by mail or by telegraph, at such time and such place within or
without the State of Delaware as shall be specified in such notice.

     3.7   Quorum and Majority.  At all meetings of the Board of Directors, a
           -------------------                                               
majority of the total number of directors shall constitute a quorum for the
transaction of business. The vote of the majority of the directors present at a
meeting at which a quorum is present shall be the act of the Board of Directors.
If a quorum shall not be present at any meeting of the Board of Directors, the
directors present thereat may adjourn the meeting from time to time, without
notice other than announcement at the meeting, until a quorum shall be present.

     3.8   Telephonic Meeting.  Members of the Board of Directors, or any
           ------------------                                            
committee designated by such Board, may participate in a meeting of such Board
or committee by means of conference telephone or similar communications
equipment by means of which all persons participating in the meeting can hear
each other. Participation in a meeting pursuant to this Paragraph 3.8 shall
constitute presence in person at such meeting.

     3.9   Committees.  The Board of Directors may, by resolution passed by a
           ----------                                                        
majority of the whole Board, designate one or more committees, each committee to
consist of one or more of the directors of the Corporation, which to the extent
provided in the resolution of the Board of Directors, or in these bylaws, shall
have and may exercise all the powers and authority of the Board of Directors in
the management of the business and affairs of the Corporation, and may authorize
the seal of the Corporation to be affixed to all papers which may require the
same, except as limited by Delaware General Corporation Law. Each committee of
the Board of Directors may fix its own rules of procedure and shall hold its
meetings as provided by such rules, except as may otherwise be provided by the
resolution of the Board of Directors designating such committee, but in all
cases, the presence of at least a majority of the members of such committee
shall be necessary to constitute a quorum. In the event that a member of such
committee is absent or disqualified, the member or members thereof present at
any meeting and not disqualified from voting, whether or not he or they
constitute a quorum, may unanimously appoint another member of the Board of
Directors to act at the meeting in place of any such absent or disqualified
member. Each committee shall keep regular minutes of its meetings and report the
same to the Board of Directors when required.

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     3.10  Action Taken Without a Meeting.  Any action required or permitted to
           ------------------------------                                      
be taken at any meeting of the Board of Directors, or of any committee thereof,
may be taken without a meeting if all members of the Board or committee, as the
case may be, consent thereto in writing, and the writing or writings are filed
with the minutes of proceedings of the Board or committee.

     3.11  Compensation of Directors.  The Board of Directors, by resolution
           -------------------------                                        
adopted by a majority of the whole Board, may establish reasonable compensation
of all directors for services to the Corporation as directors, officers or
otherwise. No such payment shall preclude any director from serving the
Corporation in any other capacity and receiving compensation therefor. Members
of committees designated by the Board of Directors may be allowed like
compensation for their services to the Corporation.

     3.12  Interested Directors.  No contract or transaction between the
           --------------------                                         
Corporation and one or more of its directors or officers, or between the
Corporation and any other corporation, partnership, association or other
organization in which one or more of its directors or officers are directors or
officers, or have a financial interest, shall be void or voidable solely for
this reason, or solely because the director or officer is present at or
participates in the meeting of the Board of Directors or a committee thereof
which authorizes the contract or transaction, or solely because his or their
votes are counted for such purpose, if: (a) the material facts as to his or
their relationship or interest and as to the contract or transaction are
disclosed or are known to the Board of Directors or the committee, and the Board
of Directors or committee in good faith authorizes the contract or transaction
by the affirmative votes of a majority of the disinterested directors, even
though the disinterested directors be less than a quorum; or (b) the material
facts as to his or their relationship or interest and as to the contract or
transaction are disclosed or are known to the stockholders entitled to vote
thereon, and the contract or transaction is specifically approved in good faith
by vote of the stockholders; or (c) the contract or transaction is fair as to
the Corporation as of the time it is authorized, approved or ratified, by the
Board of Directors, a committee thereof or the stockholders. Common or
interested directors may be counted in determining the presence of a quorum at a
meeting of the Board of Directors or of a committee which authorizes the
contract or transaction.


                                  ARTICLE IV

                                   OFFICERS
                                   --------

     4.1   Officers and Elections.  The officers of the Corporation shall be
           ----------------------                                           
chosen by the Board of Directors and shall consist of a Chairman of the Board, a
President, one or more Vice Presidents, a Secretary, a Treasurer and such other
officers and assistant officers as may be deemed necessary or desirable by the
Board of Directors. Any number of offices may be held by the same person. In its
discretion, the Board of Directors may leave unfilled for any period as it may
deem necessary or advisable any office except the offices of President,
Secretary and Treasurer.

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<PAGE>
 
     4.2   Removal.  Subject to the rights, if any, of an officer under any
           -------                                                         
contract of employment, any officer elected or appointed by the Board of
Directors may be removed by the Board of Directors at any time, with or without
cause.

     4.3   Resignation.  Any officer may resign at any time by giving written
           -----------                                                       
notice to the Corporation. Any resignation shall take effect on the date of the
receipt of that notice or at any later time specified in that notice, the
acceptance of the resignation shall not be necessary to make it effective. Any
resignation shall be without prejudice to the rights, if any, of the Corporation
under any contracts to which the officer is a party.

     4.4   Terms of Office and Vacancies.  The officers of the Corporation shall
           -----------------------------                                        
hold office until their successors are duly elected and qualified, or until
their earlier resignation or removal. Any officer elected or appointed by the
Board of Directors may be removed at any time by the affirmative vote of a
majority of the Board of Directors. Any vacancy occurring in any office of the
Corporation, by death, resignation or otherwise, shall be filled by the Board of
Directors.

     4.5   Salaries.  Salaries of all officers shall be fixed by the Board of
           --------                                                          
Directors.

     4.6   Chairman of the Board.  The Chairman of the Board shall, when
           ---------------------                                        
present, preside at all meetings of the stockholders and of the Board of
Directors and, subject to these bylaws, shall exercise such other powers and
shall perform such other duties as may from time to time be prescribed by the
Board of Directors.

     4.7   President.  The president shall be the chief executive officer of the
           ---------                                                            
Corporation, shall have general and active management of the business of the
Corporation and shall see that all orders and resolutions of the Board of
Directors are carried into effect. He shall execute bonds, mortgages and other
contracts requiring a seal, under the seal of the Corporation, except where
required or permitted by law to be otherwise signed and executed and except
where the signing and execution thereof shall be expressly delegated by the
Board of Directors to some other officer or agent of the Corporation, and shall
perform such other duties and have such other powers as the Board of Directors
may from time to time prescribe.

     4.8   Vice President.  In the absence of the President or in the event of
           --------------                                                     
his inability or refusal to act, the Vice President, or if there be more than
one, the Vice Presidents in the order determined by the Board of Directors (or
if there be no such determination, then in the order of their election) shall
perform the duties of the President, and when so acting, shall have all powers
of and be subject to all the restrictions upon the President. The Vice President
shall perform such other duties and have such other powers as the Board of
Directors may from time to time prescribe.

     4.9   Secretary.  The Secretary shall attend all meetings of the Board of
           ---------                                                          
Directors and all meetings of the stockholders and record all the proceedings of
the meetings of the Corporation and of the Board of Directors in a book to be
kept for that purpose and shall perform like duties for the standing committees
when required. He shall give, or cause to

                                     -10-
<PAGE>
 
be given, notice of all meetings of the stockholders and special meetings of the
Board of Directors, and shall perform such other duties as may be prescribed by
the Board of Directors or the President, under whose supervision he shall be. He
shall have custody of the corporate seal of the Corporation and he, or an
Assistant Secretary, shall have authority to affix the same to any instrument
requiring it, and when so affixed, it may be attested by his signature or by the
signature of such Assistant Secretary. The Board of Directors may give general
authority to any other officer to affix the seal of the Corporation and to
attest the affixing by his signature.

     4.10  Assistant Secretary.  The Assistant Secretary, or if there be more
           -------------------                                               
than one, the Assistant Secretaries in the order determined by the Board of
Directors (or if there be no such determination, then in the order of their
election), shall, in the absence of the Secretary or in the event of his
inability or refusal to act, perform the duties and exercise the powers of the
Secretary and shall perform such other duties and have such other powers as the
Board of Directors may from time to time prescribe.

     4.11  Treasurer.  The Treasurer shall have the custody of the Corporation's
           ---------                                                            
funds and securities and shall keep full and accurate accounts of receipts and
disbursements in books belonging to the Corporation and shall deposit all monies
and other valuable effects in the name and to the credit of the Corporation in
such depositories as may be designated by the Board of Directors.

          The Treasurer may disburse the funds of the Corporation as may be
ordered by the Board of Directors, taking proper vouchers for such
disbursements, and shall render to the President and the Board of Directors, at
its regular meetings, or when the Board of Directors so requires, an account of
transactions and of the financial condition of the Corporation.

          If required by the Board of Directors, the Treasurer shall give to the
Corporation a bond (which shall be renewed every six years) in such sum and with
such surety or sureties as shall be satisfactory to the Board of Directors for
the faithful performance of the duties of his office and for the restoration to
the Corporation, in case of his death, resignation, retirement or removal from
office, of all books, papers, vouchers, money and other property of whatever
kind in his possession or under his control belonging to the Corporation.

     4.12  Assistant Treasurer.  The Assistant Treasurer, or if there shall be
           -------------------                                                
more than one, the Assistant Treasurers in the order determined by the Board of
Directors (or if there be no such determination, then in the order of their
election), shall, in the absence of the Treasurer or in the event of his
inability or refusal to act, perform the duties and exercise the powers of the
Treasurer and shall perform such other duties and have such other powers as the
Board of Directors may from time to time prescribe.

                                     -11-
<PAGE>
 
                                   ARTICLE V

               EXECUTION OF CORPORATE INSTRUMENTS, RATIFICATION
               ------------------------------------------------
          OF CONTRACTS, AND VOTING OF SHARES OWNED BY THE CORPORATION
          -----------------------------------------------------------

     5.1   Execution of Corporate Instruments.  The Board may, in its
           ----------------------------------                        
discretion, determine the method and designate the signatory officer or
officers, or other person or persons, to execute any corporate instrument or
documents, or to sign the corporate name without limitation, except where
otherwise provided by law, and such execution or signature shall be binding upon
the Corporation. Unless otherwise specifically determine by the Board:

           (a)  formal contracts of the Corporation, promissory notes,
                deeds of trust, mortgages, and other evidences of
                indebtedness of the Corporation, and other corporate
                instruments or documents requiring the corporate seal
                (except for share certificates issued by the
                Corporation), and share certificates owned by the
                Corporation, shall be executed, signed, or endorsed by
                the President, or jointly endorsed by any Vice
                President and the Secretary, Assistant Secretary,
                Treasurer or Assistant Treasurer.

           (b)  checks drawn on banks or other depositories on funds
                to the credit of the Corporation, or in special
                accounts of the Corporation, shall be signed in such
                manner (which may be a facsimile signature) and by
                such person or persons as shall be authorized by the
                Board; and

           (c)  dividend warrants, drafts, insurance policies, and all
                other instruments and documents requiring the
                corporate signature, but not requiring the corporate
                seal, shall be executed or signed in the manner
                directed by the Board.

     5.2   Ratification by Stockholders.  The Board may, in its discretion,
           ----------------------------                                    
submit any contract or act for approval or ratification by the stockholders at
any special meeting of stockholders called for that purpose. Any contract or act
which shall be approved or ratified by the holders of a majority of the voting
power of the Corporation represented at such meeting shall be as valid and
binding upon the Corporation as though approved or ratified by each and every
shareholder of the Corporation, unless a greater vote is required by law for
such purpose.

                                     -12-
<PAGE>
 
     5.3  Voting of Shares Owned by the Corporation.  All shares of other
          -----------------------------------------                      
corporations owned or held by the Corporation for itself or for other parties in
any capacity shall be voted, and all proxies with respect thereto shall be
executed, by the person authorized to do so by resolution of the Board or, in
the absence of such authorization, by the President, any of the Vice Presidents,
the Secretary or an Assistant Secretary.


                                  ARTICLE VI

                             CERTIFICATES OF STOCK
                             ---------------------

     6.1   Entitlement.  Every holder of stock in the Corporation shall be
           -----------                                                    
entitled to have a certificate, signed by, or in the name of the Corporation, by
the Chairman or Vice Chairman of the Board, or the President or a Vice
President, and by the Treasurer or an Assistant Treasurer, or the Secretary or
an Assistant Secretary of the Corporation, representing the number of shares
owned by him in the Corporation.

     6.2   Facsimile Signatures.  Any signature on the certificate may be
           --------------------                                          
facsimile, other than the counter-signature (a) of a transfer agent other than
the Corporation or its employee, or (b) of a registrar other than the
Corporation or its employee. In case any officer, transfer agent or registrar
who has signed or whose facsimile signature has been placed upon a certificate
shall have ceased to be such officer, transfer agent or registrar before such
certificate is issued, it may be issued by the Corporation with the same effect
as if he were such officer, transfer agent or registrar at the date of issue.

     6.3   Lost Certificates.  The Board of Directors may direct a new
           -----------------                                          
certificate of stock or uncertificated shares to be issued in place of any
certificate or certificates theretofore issued by the Corporation alleged to
have been lost, stolen or destroyed, upon the making of an affidavit of that
fact by the person claiming the certificate of stock to be lost, stolen or
destroyed. When authorizing such issue of a new certificate or certificates, the
Board of Directors may, in its discretion and as a condition precedent to the
issuance thereof, require the owner of such lost, stolen or destroyed
certificate or certificates, or his legal representative, to advertise the same
in such manner as it shall require and/or give to the Corporation a bond in such
sum as it may direct as indemnity against any claim that may be made against the
Corporation with respect to the certificate alleged to have been lost, stolen or
destroyed.

     6.4   Transfer of Stock.  Upon surrender to the Corporation or the transfer
           -----------------                                                    
agent of the Corporation of a certificate for shares, duly endorsed or
accompanied by proper evidence of succession, assignment or authority to
transfer, the Corporation shall issue a new certificate to the person entitled
thereto, cancel the old certificate and record the transaction upon its books.

     6.5   Fixing a Record Date.  The Board of Directors may fix in advance a
           --------------------                                              
date, not more than sixty (60) nor fewer than ten (10) days, preceding the date
of any meeting of the stockholders, or the date for the payment of any dividend
or the date of the allotment of rights, or the date when any change or
conversion or exchange of capital stock shall go into

                                     -13-
<PAGE>
 
effect, or a date in connection with obtaining such consent, as a record date
for the de termination of the stockholders entitled to notice of, and to vote
at, any such meeting, and any adjournment thereof, or entitlement to receive
payment of any such dividend, or to any such allotment of rights, or to exercise
the rights in respect of any such change, conversion or exchange of capital
stock, or to give such consent, as in such case such stockholders and only such
stockholders as shall be stockholders of record on the date so fixed shall be
entitled to such notice of, and to vote at, such meeting and any adjournment
thereof, or to receive payment of such dividend, or to receive such allotment of
rights, or to exercise such rights, or to give such consents, as the case may be
notwithstanding any transfer of any stock on the books of the Corporation after
any such record date fixed as aforesaid.

          If no record date is fixed by the Board of Directors, the record date
for determining stockholders entitled to notice of or to vote at a meeting of
stockholders shall be at the close of business on the next day preceding the day
on which notice is given, or, if notice is waived, at the close of business on
the next day preceding the day on which the meeting is held; the record date for
determining stockholders entitled to express consent to corporate action in
writing without a meeting, when no prior action by the Board of Directors is
necessary, shall be the day on which the first written consent is delivered to
the Corporation as provided in Article 2.9 of these Bylaws; the record date for
determining stockholders for any other purpose shall be at the close of business
on the day which the Board of Directors adopts the resolution relating thereof;
and a determination of stock holders shall apply to any adjournment of the
meeting; provided, however, that the Board of Directors may fix a new record
date for the adjourned meeting.

     6.6   Registered Stockholders.  The Corporation shall be entitled to
           -----------------------                                       
recognize the exclusive right of a person registered on its books as the owner
of the shares to receive dividends, and to vote as such owner, and to hold
liable for calls and assessments a person registered on its books as the owner
of shares, and shall not be bound to recognize any equitable or other claim to
or interest in such share or shares on the part of any other person, whether or
not it shall have express or other notice thereof, except as otherwise provided
by the laws of the State of Delaware.


                                  ARTICLE VII
                              GENERAL PROVISIONS
                              ------------------

     7.1   Dividends.  Dividends upon the capital stock of the Corporation,
           ---------                                                       
subject to the provisions of the certificate of incorporation, if any, may be
declared by the Board of Directors at any regular or special meeting, pursuant
to law. Dividends may be paid in cash, in property, or in shares of the capital
stock of the Corporation, subject to the provisions of the certificate of
incorporation.

     7.2   Reserves.  Before payment of any dividend, there may be set aside out
           --------                                                             
of any funds of the Corporation available for dividends such sum or sums as the
directors from time to time, in their absolute discretion, think proper as a
reserve or reserves to meet contingencies, or for equalizing dividends, or for
repairing or maintaining any property of

                                     -14-
<PAGE>
 
the Corporation, or for such other purposes as the directors shall think
conducive to the interests of the Corporation, and the directors may modify or
abolish any such reserve in the manner in which it was created.

     7.3   Checks, Notes, Instruments, Etc.  All checks or demands for money,
           -------------------------------
notes, instruments or other documents of the Corporation shall be signed by such
officer or officers or such other person or persons as the Board of Directors
may from time to time designate. Unless so designated by the Board, no such
officer or officers or such other person or persons shall have any power or
authority to render the Corporation liable for any purpose or to any amount.

     7.4   Seal.  The corporate seal shall be prescribed by the Board of
           ----                                                         
Directors. The seal may be used by causing it or a facsimile thereof to be
impressed or affixed or reproduced or otherwise.

     7.5   Fiscal Year.  The fiscal year of the Corporation shall be determined
           -----------                                                         
from time to time by resolution of the Board of Directors.

     7.6   Waiver of Notice.  Whenever any notice is required to be given under
           ----------------                                                    
the provisions of the laws of the State of Delaware or under the provisions of
the certificate of incorporation or these bylaws, a waiver thereof in writing,
signed by the person or persons entitled to such notice, whether before or after
the time stated therein, shall be deemed equivalent thereto. Except as may
otherwise be specifically provided by law, any waiver by mail, telegraph, cable
or wireless bearing the name of the person entitled to notice shall be deemed a
waiver in writing duly signed. The presence of any person at any meeting, either
in person or by proxy, shall be deemed the equivalent of a waiver in writing
duly signed, except where the person attends for the express purpose of
objecting to the transaction of any business because the meeting is not lawfully
called or convened.

     7.7   Registrars and Transfer Agents.  The Board of Directors may appoint
           ------------------------------                                     
one or more registrars of transfer, which shall be incorporated banks or trust
companies, either domestic or foreign, and one or more transfer agents or
transfer clerks, who shall be appointed at such times and places as the Board of
Directors shall determine.

     7.8   Indemnification of Officers and Directors.  The Corporation shall
           -----------------------------------------                        
indemnify any and all of its Directors or officers, including former Directors
or officers, and any employee, who shall serve as an officer or director of any
corporation at the request of the Corporation, to the fullest extent permitted
under and in accordance with the laws of the State of Delaware.

     7.9   Amendments.  These bylaws may be altered, amended or repealed, or new
           ----------                                                           
bylaws may be adopted by the stockholders or by the Board of Directors, when
such power is conferred upon the Board of Directors by the certificate of
incorporation, at any regular meeting of the stockholders or of the Board of
Directors, or at any special meeting of the stockholders or of the Board of
Directors, if notice of such alteration, amendment, repeal or adoption of new
bylaws be contained in the notice of such special meeting.

                                     -15-
<PAGE>
 
                           CERTIFICATE OF SECRETARY


     I, P. Scott Munro, do hereby certify:

     1.    That I am the duly elected and acting Secretary of Savoir Technology
Group, Inc., a Delaware corporation (the "Corporation"), and;

     2.    That the foregoing bylaws constitute the Bylaws of the Corporation
duly adopted by the Board of Directors thereof effective as of November 21,
1997.

     IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the seal
of the Corporation.


                                                    ____________________________
                                                                  P. Scott Munro
                                                                     Secretary

                                     -16-
<PAGE>
 

                             AMENDED AND RESTATED

                                    BYLAWS

                                      OF

                         SAVOIR TECHNOLOGY GROUP, INC.

                           (A DELAWARE CORPORATION)

                         ADOPTED AS OF MARCH 1, 1998
<PAGE>
 
                               TABLE OF CONTENTS
                               -----------------

<TABLE> 
<CAPTION> 
                                                                          Page
                                                                          ----
<S>                                                                       <C> 
ARTICLE I

                                   OFFICES................................ 1
                                   -------
      1.1  Registered Office.............................................. 1
           -----------------
      1.2  Other Offices.................................................. 1
           -------------

ARTICLE II

                          MEETINGS OF STOCKHOLDERS........................ 1
                          ------------------------

      2.1   Annual Meeting................................................ 1
            --------------
      2.2   Procedure of Annual Meeting; Notice of Annual Meeting......... 1
            -----------------------------------------------------
      2.3   Nomination of Directors....................................... 2
            -----------------------
      2.4   Special Meetings.............................................. 3
            ----------------
      2.5   Notice of Special Meeting..................................... 3
            -------------------------
      2.6   Stockholder Lists............................................. 3
            -----------------
      2.7   Quorum and Adjournments....................................... 4
            -----------------------
      2.8   Majority...................................................... 4
            --------
      2.9   Voting........................................................ 4
            ------
      2.10  Consent of Absentees.......................................... 4
            --------------------
      2.11  Action Taken Without a Meeting................................ 5
            ------------------------------
      2.12  Record Date of Stockholders................................... 5
            ---------------------------
      2.13  Conduct of Meeting............................................ 5
            ------------------
      2.14  Notice of Business Proposed at Meetings....................... 6
            ---------------------------------------
      2.15  Inspectors of Election........................................ 6
            ----------------------

ARTICLE III

                                 DIRECTORS................................ 6
                                 ---------
      3.1   Powers........................................................ 6
            ------
      3.2   Number, Election and Term of Office........................... 7
            -----------------------------------
      3.3   Vacancies..................................................... 7
            ---------
      3.4   Annual Meetings............................................... 7
            ---------------
      3.5   Regular Meetings.............................................. 7
            ----------------
      3.6   Special Meetings.............................................. 8
            ----------------
      3.7   Quorum and Majority........................................... 8
            -------------------
      3.8   Telephonic Meeting............................................ 8
            ------------------
      3.9   Committees.................................................... 8
            ----------
      3.10  Action Taken Without a Meeting................................ 8
            ------------------------------
      3.11  Compensation of Directors..................................... 8
            -------------------------
      3.12  Interested Directors.......................................... 9
            --------------------

  ARTICLE IV
</TABLE> 

                                      -i-
<PAGE>
 
<TABLE> 
<CAPTION> 
                                                                          Page
                                                                          ----
<S>                                                                       <C> 
                                   OFFICERS...............................  9
                                   --------

        4.1   Officers and Elections......................................  9
              ----------------------
        4.2   Removal.....................................................  9
              -------
        4.3   Resignation.................................................  9
              -----------
        4.4   Terms of Office and Vacancies............................... 10
              -----------------------------
        4.5   Salaries.................................................... 10
              --------
        4.6   Chairman of the Board....................................... 10
              ---------------------
        4.7   President................................................... 10
              ---------
        4.8   Vice President.............................................. 10
              --------------
        4.9   Secretary................................................... 10
              ---------
        4.10  Assistant Secretary......................................... 11
              -------------------
        4.11  Treasurer................................................... 11
              ---------
        4.12  Assistant Treasurer......................................... 11
              -------------------

ARTICLE V

                EXECUTION OF CORPORATE INSTRUMENTS, RATIFICATION
                ------------------------------------------------
         OF CONTRACTS, AND VOTING OF SHARES OWNED BY THE CORPORATION...... 12
         -----------------------------------------------------------
        5.1   Execution of Corporate Instruments.......................... 12
              ----------------------------------
        5.2   Ratification by Stockholders................................ 12
              ----------------------------
        5.3   Voting of Shares Owned by the Corporation................... 13
              -----------------------------------------

ARTICLE VI

                            CERTIFICATES OF STOCK......................... 13
                            ---------------------
        6.1   Entitlement................................................. 13
              -----------                      
        6.2   Facsimile Signatures........................................ 13
              --------------------             
        6.3   Lost Certificates........................................... 13
              -----------------                
        6.4   Transfer of Stock........................................... 13
              -----------------                
        6.5   Fixing a Record Date........................................ 13
              --------------------             
        6.6   Registered Stockholders..................................... 14
              -----------------------           

                             GENERAL PROVISIONS........................... 14
                             ------------------
        7.1   Dividends................................................... 14
              ---------                                         
        7.2   Reserves.................................................... 14
              --------                                          
        7.3   Checks, Notes, Instruments, Etc............................. 15
              --------------------------------                  
        7.4   Seal........................................................ 15
              ----                                              
        7.5   Fiscal Year................................................. 15
              -----------                                       
        7.6   Waiver of Notice............................................ 15
              ----------------                                  
        7.7   Registrars and Transfer Agents.............................. 15
              ------------------------------                    
        7.8   Indemnification of Officers and Directors................... 15
              -----------------------------------------         
        7.9   Amendments.................................................. 15
              ----------                                         

CERTIFICATE OF SECRETARY.................................................. 16
</TABLE>

                                     -ii-