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Illustration 19276996 / Dirk Erck / Dreamstime
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Illustration 19276996 / Dirk Erck / Dreamstime

Arrow Electronics still on acquisition hunt

Sept. 20, 2010
This Reuter news brief says Arrow Electronics Inc. (ARW.N) agreed to buy technology distributor Nu Horizons Electronic Corp. (NUHC.O) for about $130 million in cash to boost its presence in the fast-growing Asia-Pacific region. The Asia-Pacific region ...

This Reuter news brief says Arrow Electronics Inc. (ARW.N) agreed to buy technology distributor Nu Horizons Electronic Corp. (NUHC.O) for about $130 million in cash to boost its presence in the fast-growing Asia-Pacific region. The Asia-Pacific region now accounts for approxiamtely 25% of total company sales for Arrow.