Arrow Shoots for ACI Acquisition

By Sara Driscoll  |  Posted 2008-02-11 Email Print this article Print
 
 
 
 
 
 
 

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 Arrow signs an agreement to buy ACI Electronics, a defense and aerospace components distributor.

Arrow Electronics has announced its second acquisition of 2008, as it looks to delve further into vertical markets with an agreement to buy ACI Electronics.

ACI is a distributor of components, specializing in defense and aerospace applications. The company is headquartered in Denver, has around 60 employees worldwide, and its total sales in 2007 were approximately $60 million.

"With the acquisition of ACI, we continue to execute on our strategic priority to pursue opportunities in the more rapidly growing areas of the market. In the last five years, ACI has grown sales organically at a compound annual growth rate of approximately 20 percent," said Michael Long, the president of Arrow Global Components, in a statement. Long said the company will combine ACI with its Arrow/Zeus business

Arrow also announced in January that it would acquire the franchise components business of Hynetic Electronics and Shreyanics Electronics in India.

 

 
 
 
 
Sara Driscoll began her journalism career at 16 years old on her local newspaper, The Watford Observer. Working part time, she covered a range of beats. Leaving to complete her Journalism Degree at Bournemouth University, UK, Sara then went on to graduate and work for Emap. She began as a reporter on APR, Emap's construction title, being promoted to senior reporter with a year.Sara then joined VNU Business Publications as Deputy News Editor on CRN, the weekly trade title for channel players. She covered industry/business news from vendors, distributors and resellers, product announcements, partner announcements as well as market and trend analysis, research and in depth articles to predict up and coming trends in the sector. She was promoted within a year to News Editor, a year later to Deputy Editor and the following year became Editor. Sara remained editor of CRN for three years, launching the magazine on new platforms including CRN TV and eBooks, as well as several magazine and web site redesigns. She was called on for expert industry comment from various publications including appearing on live BBC news programs. Sara joined Ziff Davis Enterprise as Editor of eWeek Channel Insider. She runs the title in all formats – online up to the minute news, newsletters, emails alerts and events. She also manages the brand of Channel Insider in all formats - events, shows, awards, panel debates and roundtables.Sara can be reached at:sara.driscoll@ziffdavisenterprise.com
 
 
 
 
 
























 
 
 
 
 
 

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