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Thursday, December 16, 2010

Arrow Electronics announces completion of acquisition of Intechra

MELVILLE, USA: Arrow Electronics Inc. announced the successful completion of the acquisition of Intechra, a leading information technology asset disposition (ITAD) company.

Intechra is headquartered in Jackson, MS, and has approximately 300 employees. Total sales were approximately $75 million for the most recent fiscal year. The transaction is expected to be $.03-$.05 per share accretive to earnings in the first full year of operations.

Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions.

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