WASHINGTON (dpa-AFX) - Avnet, Inc. (AVT) said Monday that it has completed its acquisition of Pinnacle Data Systems, Inc. The deal was originally announced in November. Pinnacle Data Systems is a provider of application-specific hardware and global support solutions for the world's largest OEMs. For the calendar year 2010, PDSi generated revenue of abouty US$29 million. Pinnacle Data Systems will become part of Avnet Integrated Resources, which provides reverse logistics and after-market services to the global technology industry. Avnet expects the acquisition to be immediately accretive to earnings.
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