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Azlan, the distributor of computer networking equipment, is to be acquired by Tech Data of the US for £140m.
Azlan has announced plans to invest a further £1m in the roll out of its online trading system, to grow its training and services operations and to seek acquisitions.
Azlan is planning to expand its computer distribution business across Europe through bolt-on acquisitions, and is opening new offices in Spain and Portugal.
Azlan, the computer products distributor, has acquired Akam International Holding, the Dutch computer training concern, for £30m, in order to speed up its expansion into Europe.