Thursday, August 29, 2013

Arrow Electronics Buys Germany's Computerlinks For $300M

Englewood, Colorado-based electronics and computer products distributor Arrow Electronics said yesterday that it is in a definitive agreement to acquire Munich, Germany-based value added IT distributor Computerlinks. Arrow Electronics said it will pay approximately $300M for ComputerLinks, which has operations in North America, the Middle East and Asia. Arrow reports that ComputerLinks had 2013 sales of approximately $950M.