Arrow Electronics to buy Shared Technologies

Arrow Electronics, Inc., Melville, NY, has agreed to acquire Shared Technologies Inc., Coppell, Texas, a company that primarily does installation and maintenance on voice and data systems. The company’s primary markets include corporate, government and health care. Shared will report through the North American unit of Arrow’s Enterprise Computing Solutions (ECS) business. Shared Technologies has approximately 1,000 employees and its total sales in 2009 were approximately $250 million.