Avnet Loses Maxim Line Following ADI Acquisition
Editor’s note: This article has been updated with a statement from Avnet. 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 transition will take place over the…