Arrow Electronics Acquires Diasa Informà¡tica

Arrow Electronics, Inc. has acquired Diasa Informática S.A., an European value-added distributor of servers, storage, software, and networking products in Spain and Portugal.

The company also offers technical consultancy and training, presales support, installation services and financial services to its approximately 3,000 resellers.

"Diasa expands the geographic footprint and scale of our ECS business in Europe bringing the number of countries we have a presence in to 26 in the region. This acquisition complements our existing portfolio of hardware and storage offerings and also broadens our line card with key suppliers in the region," said Michael J. Long, chairman, president, and chief executive officer of Arrow Electronics, Inc.

Diasa is headquartered in Madrid, Spain and has approximately 140 employees. Total sales were approximately $250 million for the most recent fiscal year. The transaction is expected to be accretive to earnings in the first full year of operations.