Avnet, Inc. plans to acquire Horizon Technology Group PLC in an all cash offer for €1.18 per share, or €98.5 million (US$156.1 million) and a transaction value of €94.4 million (US$149.6 million).
Horizon is a technical integrator and distributor of information technology products in the UK and Ireland.
Horizon’s distribution business markets enterprise server, storage, networking and security products from vendors including Sun Microsystems, EMC, F5 Networks Juniper, IBM, and Nortel.
In addition to the traditional distribution business, Horizon’s Client Solutions business unit partners with major software vendors including BMC, Microstrategy and SAP to provide a full range of development and implementation services. In 2007, …
Avnet to Acquire Horizon Technology Group
Avnet, Inc. plans to acquire Horizon Technology Group PLC in an all cash offer for €1.18 per share, or €98.5 million (US$156.1 million) and a transaction value of €94.4 million (US$149.6 million).
Horizon is a technical integrator and distributor of information technology products in the UK and Ireland.
Horizon’s distribution business markets enterprise server, storage, networking and security products from vendors including Sun Microsystems, EMC, F5 Networks Juniper, IBM, and Nortel.
In addition to the traditional distribution business, Horizon’s Client Solutions business unit partners with major software vendors including BMC, Microstrategy and SAP to provide a full range of development and implementation services. In 2007, …
Share this article
- Filed In: Companies, Electrical, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
About the Author
Recommended Reading
Leave a Reply
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
