Close

Arrow Electronics (ARW) Completes immixGroup Purchase

March 31, 2015 11:11 AM EDT

Arrow Electronics (NYSE: ARW) announced the successful completion of the acquisition of immixGroup, Inc., a value-added distributor supporting over 800 value-added resellers, solution providers, service providers, and other public sector channel partners with specialized resources to accelerate their government sales. immixGroup, Inc. is headquartered in McLean, Va.

This acquisition is expected to be $.10 to $.14 accretive to earnings per share, excluding the impact of the amortization of related intangible assets, in the first year post closing.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Guidance, Mergers and Acquisitions

Related Entities

Earnings, Definitive Agreement