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Published
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Mon, 12 Nov 2007 17:19 |
PHOENIX (AP) - Avnet Electronics Marketing, a unit of electronic parts distributor Avnet Inc., said Monday it has signed a global distribution agreement with power systems and supplies maker Emerson Network Power, a business of Emerson Electric Co.Under the terms of the deal, Avnet will distribute the full line of AC/DC and DC/DC power supplies produced by the Emerson's Embedded Power division.Financial terms were not disclosed.In morning trading, Avnet shares gained 47 cents to $37.07 and Emerson shares added 28 cents to $55.07.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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