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Image header Agence Europe
Europe Daily Bulletin No. 9518
Contents Publication in full By article 23 / 28
GENERAL NEWS / (eu) eu/competition

Commission approves Avnet's plan to buy up Magirus EID

Brussels, 08/10/2007 (Agence Europe) - On 5 October 2007, the European Commission cleared the planned acquisition of Magirus EID, the infrastructure arm of the German Magirus Group, by Avnet Inc of the US. Magirus EID distributes technology infrastructure products of the Magirus Group, such as servers, storage systems and middleware products. Avnet distributes electronic components, computer products and technology services. The Commission was concerned about potential horizontal overlaps...

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