Hackster.io Status
The company was acquired by Avnet (NYSE: AVT) for an undisclosed amount on November 14, 2016. Avnet acquired a majority interest in the company as the first step of a two part transaction in which Avnet will acquire the remainder of the company in January 2016. The purpose of acquisition is to help startups and small companies develop internet-connected devices and to enable users to accelerate their hardware knowledge.
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