back to article Avnet sees Dätwyler's bid for Raspberry Pi slinger, raises to £868m

Avnet, the American technical component distributor, has come in at the 11th hour to outbid an existing offer for Premier Farnell, distributors of the Raspberry Pi. Farnell was all set to be sold to Swiss group Dätwyler Holding for £792m, including debt, but a new offer from Avnet with an enterprise value of £868m has now been …

  1. theModge

    Get it whilst the pounds worthless

    Tourists will be bringing FTSE 250 companies home as a souvenir if this goes on much longer!

    1. Dan 55 Silver badge

      Re: Get it whilst the pounds worthless

      I don't know why people are complaining about the housing bubble, Cambridge has never been cheaper...

  2. Anonymous Custard
    Headmaster

    Farnell non-Zero

    With regard to the banner photo, it should probably be pointed out that Farnell don't actually sell Zero's. Those are manufactured by the Foundation themselves at the plant in Wales and sold through their other distributors (Pi Hut, Pimoroni etc) rather than the bulk sellers like Farnell and RS. Those only manufacture and sell the "large" Pi's (B+, 2 and 3), for a relative value of large anyway.

    1. Anonymous Coward
      Headmaster

      Muphry's Law claims another victim

      Since we've got our silly hat's on AC, it should probably be pointed out that you've invoked the grocers' apostrophe there.

      1. 3v3rywh3r3

        Re: Muphry's Law claims another victim

        "Muphry's"? "Hat's"? If you're going to be a grammar Nazi, at least make sure your own post is correct.

        Maybe we should call this "Dick Head's" law?

        1. Anonymous Coward
          Headmaster

          Re: Muphry's Law claims another victim

          "Hat's" is illustrative of the fact that one doesn't correctly employ an apostrophe when attempting to form a plural from a noun.

          "Muphry's Law" is something you can investigate yourself... you have an internet connection I presume. Altogether less crude yet more pithy than your effort.

      2. PNGuinn
        Headmaster

        Re: Muphry's Law claims another victim

        Since we.ve got our silly hats' on AC' it should probably be pointed out that you,ve invoked the grocers. apostrophe there.

        FIFU;

  3. Gene Cash Silver badge

    Did some quick research and "Element 14" (who sells R-Pis in the US) do seem to be part of Farnell.

    1. theModge

      The farnell group, who can be used more or less inter-chanagably at least from within UK universities includes:

      • Farnell
      • OneCall
      • Elment14
      • CPC

      Who sometimes still manage to compete with each other on price! None the less they have same back end systems. I'm not sure quite to what extent they'll technically the same company - it's complex I know that.

      1. The Axe

        @theModge "Who sometimes still manage to compete with each other on price!"

        Look up Price Discrimination. The microeconomic process of charging different prices for the same product to different customers. For those that can afford it, charge more. For those that are looking for a good deal, charge less. The end result is more items sold which increases turnover which is good from a business perspective.

  4. anothercynic Silver badge

    "... to spoil German acquisition..."

    German? The Swiss will point out that they are very much an independent nation from the Germans, thank you very much.

    Bad El Reg, bad! No biscuit! :-)

    1. Alexander J. Martin
      Pint

      Re: "... to spoil German acquisition..."

      You're absolutely right, my bad. Cheers for pointing it out.

    2. GrumpenKraut
      Trollface

      Re: "... to spoil German acquisition..."

      > ...very much an independent nation...

      Wot? Next you telling Austria isn't German neither?

      1. Anonymous Coward
        Trollface

        Re: "... to spoil German acquisition..."

        Bloody Krauts. Get everywhere.

        ;)

  5. The Godfather
    Meh

    Turkey shoot

    Another UK distributor gets gobbled...fewer and fewer left.

    1. The Axe

      Re: Turkey shoot

      It'll still be a UK company employing UK staff and paying UK taxes.

      1. Anonymous Coward
        Anonymous Coward

        Re: Turkey shoot

        It'll still be a UK company employing UK staff and paying UK taxes.

        Remember Cadbury and what happened to them after the US takeover.

      2. The Godfather

        Re: Turkey shoot

        Double check the UK taxes...given where acquirer operates from

  6. Alistair
    Coat

    Lets hope that this doesn't

    End up mangling the pricing on the larger PIs.....

  7. Milton

    "'The enhanced offerings brought about by a combination of the two businesses,' the announcement continues, 'is expected to generate revenue synergies from cross-selling and line-fill effects, as well as utilizing the strength of the Combined Group's procurement positions.' While it is difficult to understand what this means, we parse it as an expression of enthusiasm for the deal."

    It isn't difficult to understand at all. It means "We spouted some idiotic biz-speak flannel about 'synergies' because that sounds more noble and high-minded than just saying 'We get more cash for ourselves and that's what matters'."

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like