Arrow Electronics (ticker: ARW, exchange: New York Stock Exchange (.N))
News Release -
Arrow's Enterprise Computing Solutions Unit and Alternative Technology Subsidiary Combine Software Offerings
Combined software and security business exceeds $1 billion in revenue
ENGLEWOOD, Colo., Dec. 4 /PRNewswire-FirstCall/ -- The Enterprise
Computing Solutions (ECS) business of Arrow Electronics, Inc. (NYSE: ARW),
today announced that it is transitioning its software distribution business to
Arrow's subsidiary, Alternative Technology, Inc. (ATI), creating a software
business in excess of $1 billion.
Through this arrangement, ATI will gain eight additional product lines
that previously were part of Arrow ECS' Software Group and will oversee
partner relationships and internal staff for that business. Product lines
that will be transferred to ATI include Bakbone, BEA, CA, CommVault, McAfee,
Novell, Oracle and Symantec. Arrow ECS' storage, HP and IBM businesses will
"Arrow ECS is committed to increasing the depth of our offerings in high-
growth sectors, including software and security. In addition, Arrow ECS is
focused on delivering comprehensive solutions to our partners," said Kevin
Gilroy, president of Arrow ECS. "This initiative enables Arrow ECS to best
serve our software suppliers and partners by providing focused support and
dedicated resources to grow their business."
It is anticipated that the suppliers will be transitioned to ATI by the
end of Arrow's first quarter in 2008. A team comprising representatives from
both Arrow ECS and ATI will manage the integration process.
"This integration best enables Arrow ECS and ATI to share and apply best
practices within our respective software businesses," said Bill Botti,
president and chief executive officer of ATI. "Partners will benefit from
enhanced complementary product lines and a full suite of professional services
available through ATI."
ATI represents more than 30 software and security suppliers, including
Citrix and VMware. Established in 1986, ATI provides end-to-end solutions,
presales support, order management and marketing services to more than 3,000
partners. ATI also offers a robust portfolio of processional services for
partners, including onsite engineering, security assessments and technical
ABOUT ALTERNATIVE TECHNOLOGY
Alternative Technology is a leading specialty distributor for value-added
resellers who need products and services targeted at thin-client/server-based
computing, edge infrastructure, virtualization, security, and wireless
markets. Driving the widespread adoption of leading-edge technologies by
bridging the gaps between products and services to solve critical business
problems, Alternative identifies business issues that are key to its markets
and offers multivendor solutions that drive demand back through its reseller
partners. Alternative Technology, headquartered in Englewood, Colo., has
offices in Ft. Lauderdale, Fla., Carlsbad, Calif., and Mississauga, Canada.
Alternative Technology is a wholly owned subsidiary of Arrow Enterprise
Computing Solutions, which is a business unit of Arrow Electronics, Inc.
(NYSE: ARW). For more information, go to: www.AltTech.com, e-mail:
sales@AltTech.com or call toll-free: 800.544.7674 (USA), or 866.240.9991
ABOUT ARROW ENTERPRISE COMPUTING SOLUTIONS
Arrow ECS, a business unit of Arrow Electronics, Inc. [NYSE: ARW],
provides enterprise and midrange computing products, services and solutions to
value-added resellers, system integrators, and independent software vendors.
Based in Englewood, Colo., Arrow ECS connects its customers to the world's
foremost technology suppliers, including HP, IBM, Sun Microsystems, EMC,
NetApp, Hitachi Data Systems, and other leading storage networking, software,
and security suppliers. Arrow ECS reported $2.5 billion in worldwide computer
products sales in 2006. Visit www.arrowecs.com for more information.
SOURCE Arrow Electronics, Inc.
CONTACT: Dawn Small, Communications Manager of Arrow Electronics, Inc.,
Web site: http://www.arrow.com