M&A Deal Summary

Avnet Acquires Broadband Integrated Resources

On October 4, 2010, Avnet acquired media company Broadband Integrated Resources

Acquisition Highlights
  • This is Avnet’s 1st transaction in the Media sector.
  • This is Avnet’s 10th transaction in the United States.
  • This is Avnet’s 1st transaction in Ohio.

M&A Deal Summary
Date 2010-10-04
Target Broadband Integrated Resources
Sector Media
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target

Broadband Integrated Resources

Worthington, Ohio, United States
Broadband Integrated Resources Ltd. specializes in the repair of broadband and cable TV equipment in support of cable operators and manufacturers.

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Buyer(S) 1

Buyer

Avnet

Phoenix, Arizona, United States
Category Company
Founded 1921
Sector Distribution
Employees15,800
Revenue 26.5B USD (2023)
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 46 of 78
Sector (Media) 1 of 1
Type (Add-on Acquisition) 38 of 68
State (Ohio) 1 of 1
Country (United States) 10 of 26
Year (2010) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 Eurotone Electric

Shenzhen, China

Eurotone Electric Ltd. is an engineering focused electronic components distributor in China that provides general purpose inverters for wind and solar power applications.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-03 itX Group

North Ryde, Australia

itX Group Limited (itX), a leading Australian value-added distributor of IT software, hardware and services.

Buy AU$78M
Mergr

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