Avnet unveils its strategy for MSC
Following the acquisition of MSC, American semiconductor specialist Avnet has finally officialized its strategy for its new subsidiary. The German distributor will manage the distribution of embedded electronics in Austria, Czech Republic, Germany, Hungary, Poland, Romania, Spain, Switzerland and Turkey, while its own Avnet Embedded will focus on the remaining European countries (namely Denmark, Finland, France, Italy, the Netherlands, Sweden and the United Kingdom).
Avnet acquires remaining interest in MSC Investoren GmbH
American distribution behemoth Avnet has acquired the remaining interest in semiconductor an embedded computing specialist MSC Group. This completes a two part transaction in which the majority interest was acquired on October 1, 2013.
Avnet to acquire MSC
American giant Avnet has entered into a agreement to acquire German electronic component, embedded computing technology and display specialist MSC. The agreement details a two-step approach whereby Avnet will acquire a majority interest in MSC Group after regulatory approval has been granted with the intent to acquire the remainder of the company within a short time frame. This transaction, which is subject to customary regulatory approvals, is expected to be immediately accretive to earnings and supports Avnet's long-term return on capital goal of 12.5%. MSC covers whole Europe through offices in Austria, Belgium, Czech Republic, France, Germany, Hungary, Malta, the Netherlands, Poland, Romania, Spain, Switzerland, Turkey and the United Kingdom.
MSC and Silicon Laboratories sign a distribution agreement
Silicon Laboratories has placed its trust in the strengths of German semiconductor specialist MSC Vertriebs as a demand creation partner and design-in-oriented sales channel. The new franchise initially covers Austria, Germany and Switzerland. It is to be extended to the whole of Europe in the near future. The Silicon Laboratories portfolio is broad and includes the following product areas: wireless, isolation, power, microcontrollers, timing/clocks, sensors, interface components, audio/video and modems.
MSC and ELMOS sign pan-European distribution agreement
After more than four years of successful distribution partnership with Gleichmann Electronics, ELMOS Semiconductor has recently transferred the Europe-wide distribution rights for its network devices, analog and power ICs, MEMS-based sensor products and mixed signal ASICs to MSC Vertriebs, a sister company of Gleichmann Electronics which is also present in Austria, Belgium, Czech Republic, France, Hungary, Malta, the Netherlands, Poland, Romania, Spain, Switzerland, Turkey and the United Kingdom. This change is due to the realignment of Gleichmann Electronics towards a Display Solutions Company. On the occasion of the contract signature, both companies explained that the future cooperation would especially focus on marketing of ELMOS' DC/DC converters, network devices and motor control ICs in industrial and automotive sectors. ELMOS, an automotive electronics specialist, sees good opportunities to further strengthen the distribution business in the medium-term through innovative technologies for gesture recognition (HALIOS) and drive of EC motor control (VirtuHall). HALIOS is a unique proximity detection system with which switching operations and gestures can be optically detected at a distance of up to three meters. VirtuHall is a process for sensorless detection of the rotor position of brushless DC motors.