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    Arrow Electronics still on acquisition hunt

    Sept. 20, 2010
    This Reuter news brief says Arrow Electronics Inc. (ARW.N) agreed to buy technology distributor Nu Horizons Electronic Corp. (NUHC.O) for about $130 million in cash to boost its presence in the fast-growing Asia-Pacific region. The Asia-Pacific region ...

    This Reuter news brief says Arrow Electronics Inc. (ARW.N) agreed to buy technology distributor Nu Horizons Electronic Corp. (NUHC.O) for about $130 million in cash to boost its presence in the fast-growing Asia-Pacific region. The Asia-Pacific region now accounts for approxiamtely 25% of total company sales for Arrow.