Avnet completed the acquisition of Dragon Innovation.

Avnet, a distributor of electronic components completed the acquisition of Dragon Innovation, that provides solutions for the fastest, simplest, and safest way for companies to manage manufacturing complex products at scale. Financial terms were not disclosed. “With the addition of Dragon Innovation to our connected ecosystem, Avnet further meets the needs for companies of all sizes head on – helping them launch new hardware products in an efficient and cost-effective manner that accelerates time to market,” Bill Amelio, Avnet CEO.