Advertisement

News Wire

Avnet, Inc. Announces Agreement to Acquire Magirus Group

PHOENIX — Avnet, Inc. (NYSE:AVT) announced today that it has agreed to acquire the Magirus Group (Magirus), a leading pan-European distributor of data center solutions and services. Magirus is a leading value-add distributor of software, systems and related services encompassing virtualization, storage management, cloud computing, security, intelligent networks and information life-cycle management services. Through its professional services portfolio and knowledge of the IT sector, Magirus enables business partners to take new technologies to market in eleven markets throughout Europe and the Middle East. The transaction, which is subject to normal regulatory approvals, is expected to close in October 2012.

Read the full press release.

{complink 577|Avnet Inc.}

Magirus Group

0 comments on “Avnet, Inc. Announces Agreement to Acquire Magirus Group

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.