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Arrow Electronics Signs Global Distribution Pact
Arrow Electronics, Inc. (NYSE: ARW) has signed a global distribution agreement with ST-Ericsson. Arrow customers can now take advantage of ST-Ericsson's complete line of products, platforms and connectivity solutions, while ST-Ericsson will benefit from Arrow’s global distribution network serving 125,000 customers through more than 310 locations worldwide.
Launched last year, ST-Ericsson is a world leader in wireless platforms and semiconductors. The company offers a broad range of connectivity solutions, including cutting-edge mobile technologies, USB solutions and power management, from components through complete integrated solutions.
"This is an exciting time to partner with ST-Ericsson at this early stage in their company’s development," said Jeff Eastman, senior vice president of marketing and asset management for Arrow Electronics. "ST-Ericsson is well-poised for success and we look forward to working together to expand their network and maximize the strength of their product line and connectivity solutions."
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