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Avnet completes Magirus Infrastructure Enteprise division's acquisition


so now we know that Roy wasn't kidding, when he wanted to go for a virtualization shop, although this still doesn't get them anywhere close to the real UBC (Utility Based Computing) but by acquiring some virtualization solution they might just surprise us all.
Roy Vallee, Avnet's chairman and chief executive officer, stated, "This acquisition positions Avnet Technology Solutions as Europe's largest value-added IT distributor for enterprise solutions with the broadest capabilities in the market. Following completion of the recently announced Acal IT Solutions acquisition, Avnet Technology Solutions will have $2.5 billion of annual revenue in the region and possess unique scale and scope advantages that further enhance Avnet's value proposition to our trading partners. In support of Avnet Technology Solutions' strategy to enable complete solutions, we will continue to pursue value creating acquisitions that expand our customer base and/or broaden our products and services portfolio."


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