Arrow Completes Acquisition of eInfochips
January 09 2018 - 10:51AM
Business Wire
Arrow Electronics, Inc. (NYSE:ARW) announced today the
successful completion of its acquisition of eInfochips, one of the
world’s largest design and managed services companies.
eInfochips is headquartered in San Jose, Calif., with locations
in India and Europe, and has 1,500 IoT solution architects,
engineers, and software development resources globally. eInfochips’
breadth of capabilities spans chip design, to product and IoT
solution delivery, and across many industries, from retail and
consumer, to industrial automation, healthcare, and aerospace.
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. Arrow
serves as a supply channel partner for more than 125,000 original
equipment manufacturers, contract manufacturers and commercial
customers through a global network of more than 465 locations in 90
countries.
Safe Harbor
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for forward-looking statements. This press release
includes forward-looking statements that are subject to numerous
assumptions, risks and uncertainties that could cause actual
results or facts to differ materially from such statements for a
variety of reasons, including, but not limited to: our ability to
expand our capabilities and offerings; our ability to deliver more
and enhanced solutions; our ability to retain eInfochips’
employees; our ability to maintain and grow eInfochips’ sales and
profits; and the other risks described from time to time in the
company’s reports to the Securities and Exchange Commission
(including the company’s Annual Report on Form 10-K and Quarterly
Reports on Form 10-Q). Forward-looking statements are those
statements which are not statements of historical fact.
Forward-looking statements can be identified by forward-looking
words such as “expects,” “anticipates,” “intends,” “plans,” “may,”
“will,” “believes,” “seeks,” “estimates,” and similar expressions.
Shareholders and other readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date on which they are made. The company undertakes no
obligation to update publicly or revise any of the forward-looking
statements.
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version on businesswire.com: http://www.businesswire.com/news/home/20180109006280/en/
Arrow Electronics, Inc.Steven O’BrienVice President, Investor
Relations303-824-4544orMedia Contact:John HouriganVice President,
Global Communications303-824-4586
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