- Avnet (AVT +0.7%) acquires the remaining interest in electronics distributor MSC Investoren - the majority interest was acquired in Oct.
- MSC generated revenue of over $450M in 2012, with embedded computer tech (including display solutions) accounting for almost 50% of sales.
- Avnet aims to roll the acquisition into a broader plan to "create a focused 'embedded and display solutions' business unit in EMEA" and "accelerate profitable growth in the region."
From other sites
Video at CNBC.com (Jan 23, 2015)
at CNBC.com (Oct 23, 2014)
at CNBC.com (Aug 7, 2014)
Video at CNBC.com (Aug 6, 2014)
at CNBC.com (Apr 23, 2014)
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