Arrow to acquire ACI Electronics
By Jim Carbone -- Purchasing, 2/15/2008 8:24:00 PM
Electronics distributor Arrow Electronics says it will acquire ACI Electronics, one of the largest distributors of electronic components used in defense and aerospace applications.
"With the acquisition of ACI, we continue to execute on our strategic priority to pursue opportunities in the more rapidly growing areas of the market,” says Michael J. Long, president of Arrow Global Components in Melville, N.Y. “ACI will further bolster our position in the North American defense and aerospace marketplace.”
Long adds that ACI combined with the Arrow/Zeus will result in Arrow having leading market share in many technology segments including military discretes.
ACI is headquartered in Denver and distributes products in the U.S., Israel, Spain and Italy. With approximately 60 employees, ACI provides value-added distribution services to more than 2,000 customers in the military and commercial aircraft systems, and other military applications.
See also: Arrow acquires Indian distributors
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