Category

Hackster

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Avnet is continuing its quest to tap into the design engineering community by acquiring a majority interest in Hackster Inc. (“Hackster.io”) as the first step of a two part transaction in which Avnet will acquire the remainder of the company in January 2017. Headquartered in San Francisco, California, Hackster.io is an online community that helps users globally learn how to design, create and program internet-connected hardware. It engages with nearly 90 technology partners, and maintains 100 Hackster Live ambassadors that support a network consisting of close to 200,000 engineers, makers and hobbyists. “We are fully committed to helping start-ups bring their ideas to market. The addition of Hackster’s online platform will enable users to accelerate their hardware knowledge and time-to-market,” said William Amelio, Chief Executive Officer of Avnet. “The combination of Hackster.io with Avnet’s recently launched MakerSource resource directory and acquisition of Premier Farnell’s element14 community will allow start-ups to…