Maxim Integrated: Avnet Loses Maxim Line Following ADI Acquisition

Maxim Integrated Products, which was officially acquired by Analog Devices Inc. (ADI) in August, is discontinuing its relationship with distributor Avnet Inc. Maxim accounted for roughly 3 percent of Avnet's fiscal 2021 sales of $19.5 billion. The move is not entirely surprising following ADI's decision in 2017 to consolidate its global volume distribution business under...The post Avnet Loses Maxim Line Following ADI Acquisition appeared first on EPS News.