The two parties agreed to an all-cash transaction that will be valued at around $40 billion, marking the largest acquisition in the semiconductor industry.
Companies join forces to enable one of the first Software-as-a-Service-based (SaaS) access point models.
Transaction expected to generate annual synergies of approximately $70 million to $80 million.
The sale will provide both Avnet and Tech Data with opportunities to focus on core strategies and scale their respective businesses.
Companies are allowing entrepreneurs to apply for Arrow certification on the Indiegogo platform.
Collaboration will dramatically increase exposure of Dialog's innovative mixed-signal products to a much broader set of customers.
Versum will publicly introduce its new identity and capabilities at SEMICON Taiwan in October.