M&A Deal Summary

Avnet Acquires Azzurri Technology

On January 10, 2008, Avnet acquired semiconductors company Azzurri Technology

Acquisition Highlights
  • This is Avnet’s 2nd transaction in the Semiconductors sector.
  • This is Avnet’s 6th transaction in the United Kingdom.

M&A Deal Summary

Date 2008-01-10
Target Azzurri Technology
Sector Semiconductors
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target

Azzurri Technology

Wokingham, United Kingdom
Azzurri is one of Europe’s design–in distributors of high technology semiconductors and embedded systems products. Azzurri has established a first class reputation for introducing technology leaders, whose products provide integrated solutions with size, power and cost savings, to the European electronics market.

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Buyer(S) 1

Buyer

Avnet

Phoenix, Arizona, United States

Category Company
Founded 1921
Sector Distribution
Employees15,462
Revenue 23.8B USD (2024)
DESCRIPTION
Avnet's corporate headquarters in Phoenix, Arizona.
Avnet's corporate headquarters in Phoenix, Arizona.

Avnet is a distributor of electronic components, computer products, and embedded technology serving customers globally. Avnet accelerates its partners' success by connecting the technology suppliers with a broad base of customers by providing cost-effective, value-added services and solutions. Avnet was founded in 1921 and is based in Phoenix, Arizona.


DEAL STATS #
Overall 32 of 78
Sector: Semiconductors M&A 2 of 2
Type: Add-on Acquisition M&A Deals 25 of 68
Country: United Kingdom M&A 6 of 9
Year: 2008 M&A 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-31 YEL Electronics Hong Kong

Taipei, China

YEL Electronics Hong Kong Ltd. is a distributor of interconnect, passive, electromechanical and limited semiconductor components in the Asia region, representing over 30 franchised suppliers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-23 Ontrack Solutions Pvt.

Mumbai, India

Ontrack is known in the market as a leader in security, networking, consolidation, virtualization, storage and server solutions. From nine locations throughout India, Ontrack supports customers in a variety of end markets including banking, industrial and manufacturing. Ontrack markets a portfolio of IT solutions from leading suppliers including IBM and HP, as well as software solutions from VMware, Citrix, DoubleTake, CheckPoint, Nokia, Websense, and RSA.

Buy -