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."
The deal, which closed July 1, includes EKRA’s divisions in Asia and the
“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.