Arrow Completes Acquisition of LOGIX
A European VAD with $700 million in 2007 sales
This is a Press Release edited by StorageNewsletter.com on June 3, 2008 at 3:53 pmArrow Electronics, Inc. has completed its previously announced acquisition of LOGIX S.A., a subsidiary of Groupe OPEN and a leading value-added distributor of midrange servers, storage, and software in Europe with approximately $700 million in 2007 sales.
Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Melville, New York, Arrow serves as a supply channel partner for approximately 700 suppliers and 140,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 300 locations in 50 countries and territories.