Phoenix, Arizona-based electronics distributor Avnet said this morning that it has acquired YEL Electronics Hong Kong Ltd., a distriubtor of electronics components in the Asia region. Financial terms of the acquisition were not disclosed, however Avnet said that YEL had approximately US $200M in revenues for the twelve months ended December 2007. YEL Electronics distributes interconnect, passive, electromechanical and some semiconductor components in the Asia region.
Top NewsWednesday, January 2, 2008
Avnet Acquires YEL Electronics