Arrow Electronics (ARW) to Acquire Redemtech
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Arrow Electronics, Inc. (NYSE: ARW) has agreed to acquire Redemtech, Inc., a wholly owned subsidiary of Micro Electronics, Inc. Redemtech is a provider of electronics asset disposition (EAD) services.
Redemtech offers a comprehensive array of EAD services including data removal, data security, refurbishment, and remarketing of electronic assets, while ensuring compliance with local and national data security and environmental regulations.
Headquartered in Columbus, Ohio, Redemtech has approximately 400 employees. Sales in 2012 are expected to total approximately $60 million.
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Redemtech offers a comprehensive array of EAD services including data removal, data security, refurbishment, and remarketing of electronic assets, while ensuring compliance with local and national data security and environmental regulations.
Headquartered in Columbus, Ohio, Redemtech has approximately 400 employees. Sales in 2012 are expected to total approximately $60 million.
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