Arrow Acquires InTechnology Storage Business

Arrow, provider of services to industrial and commercial users of electronic components, has completed its acquisition of the storage and security distribution business of InTechnology for a purchase price of approximately USD 80 million. "The acquisition of InTechnology’s storage and security distribution business enables us to further expand our Enterprise Computing Solutions business into the United Kingdom, Europe’s second largest IT market. We expect this transaction to create further opportunities for us in the growing storage and security software markets", stated M. Cathy Morris, president, Arrow Enterprise Computing Solutions. "We expect this transaction to be USD .02 cents to USD .04 cents accretive in 2007."

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