MDM Premium
Need Help?
(888) 742-5060

In The News:

Arrow Electronics Acquires Waching Wireless and Infrastructure Business

December 17, 2012
Reprints
A A

Arrow Electronics Inc. (NYSE: ARW), Englewood, CO, has agreed to acquire the wireless and infrastructure business unit of Chinese distributor Waching Company Ltd.

Waching is a wireless and infrastructure market distributor with sales and engineering resources in Shenzhen, Shanghai and Beijing. Sales in 2012 are expected to be $33 million.

“With this acquisition, we continue to execute on our strategic priority to pursue opportunities in the more rapidly growing areas of the market,” said Peter T. Kong, president Arrow global components.

 Arrow Electronics, a supply channel partner for more than 120,000 original equipment manufacturers, is No. 2 on MDM's list of top electronics distributors.

Copyright ©2014

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

Partner Center