Add-on Acquisition • Semiconductors

Avnet Acquires YEL Electronics Hong Kong

On December 31, 2007, Avnet acquired semiconductors company YEL Electronics Hong Kong

Acquisition Context
  • This is Avnet’s 1st transaction in the Semiconductors sector.
  • This is Avnet’s 2nd transaction in China.

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M&A Deal Summary

Date December 31, 2007
Target YEL Electronics Hong Kong
Sector Semiconductors
Buyer(s) Avnet
Deal Type Add-on Acquisition

Target Company

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.
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Buyer Overview 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 Context for Buyer #
Overall 31 of 78
Sector: Semiconductors 1 of 2
Type: Add-on Acquisition 24 of 68
Country: China 2 of 5
Year: 2007 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-01 ChannelWorx Pty

Gladesville, Australia

ChannelWorx Pty Ltd. is a networking and security value-added distributor established in 1989.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-10 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.

Buy -