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PHOENIX – Avnet Inc. has completed its acquisition of Memec, a distributor of semiconductors.

"This acquisition is significant for so many reasons," said Harley Feldberg, president of Avnet EM. "The acquisition allows us to provide a more balanced mix of these services to our customers regardless of location."

 

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DORNSTADT, GERMANY – ASYS GmbH has stepped deeper into the screen printer market, acquiring EKRA, the Germany-based printer manufacturer, in a deal announced today. Financial and other terms were not disclosed.

The deal, which closed July 1, includes EKRA’s divisions in Asia and the U.S. The combined firm will employ more than 350 persons worldwide.

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TEMPE, AZThe manufacturing sector grew for the 25th straight month in June, boosted by spikes in new orders and production. Manufacturing rebounded from three months of slowing growth, according to the latest Institute for Supply Management poll.

 

“The improved rate of growth in new orders is quite encouraging, particularly when combined with a slower rate at which prices are escalating,” said ISM chairman Norbert Ore.

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