Avnet to Buy GE’s Access Distribution for $412.5M

Electronics distributor Avnet, Inc., Phoenix, AZ, has agreed to acquire Access Distribution, a General Electric company and distributor of complex computing solutions. Avnet will pay $412.5 million in cash. The acquisition makes Avnet a leading distributor for Sun Microsystems. Avnet will create a separate business unit for the account, similar to how it operates with […]

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