Avnet loses Maxim distribution relationship; Maxim was 3% of FY2021 sales

AVNET INC

Maxim notified Avnet it will end distribution relationship after Analog Devices acquisition.
Maxim products accounted for approximately 3% of Avnet's fiscal 2021 sales.
Premier Farnell's distribution agreement with Maxim remains unaffected.
Avnet says it will pursue opportunities to strengthen supplier partnerships.

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