Avnet Acquires Austin-based Ascendant Technology

Avnet announced Monday its plans to acquire Ascendant Technology, based in Austin. Phoenix-based Avnet, an electronics component maker, did not disclose terms of the deal. Ascendant Technology, an information technology consulting firm, helps businesses create ecommerce, web content management, cloud computing and other solutions. It had revenue of approximately $90 million in 2011. Founded in […]