Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Completed
Friendly
Single Bidder
Software
software development
United States
home automation
Majority
Private Equity
Synopsis
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.
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