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Avnet Buys USI Electronics



Phoenix-based Avnet, the electronics distributor, said today that it is acquiring the assets of USI Electronics. Financial details of the buy were not announced. USI Electronics is a distributor of discrete semiconductor, passive and electromechanical components to the military and aerospace customers. USI was based in Fort Lauderdale, Florida, and had approximately $70M in revenues in 2011.


 

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