Avnet Acquires Taiwanese Semiconductor Distributor Prospect Technology

Avnet, Inc. AVT announced earlier today that it has acquired Prospect Technology Corp. Prospect Technology provides technical support, module solutions and circuit design support to help customers expedite product development. Prospect Technology generated revenue of approximately US$157 million during the 2010 calendar year.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsM&AInformation TechnologyTechnology Distributors
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!