arrow electronics inc (ARW) Key Developments
Arrow Becomes Authorized Distributor of StorMagic SvSAN Virtual Storage Solution
Mar 24 15
Under an agreement, Arrow Electronics, Inc. will distribute the StorMagic SvSAN virtual storage appliance to its broad community of solution providers in the United States and Canada. The StorMagic SvSAN solution serves any small business or enterprise remote location running critical applications on-site, without dedicated local IT resources. Whether it’s a college campus, doctor’s office, a retail business with several brick and mortar locations, or a remote, unmanned wind energy farm, these organizations typically face similar storage challenges. This includes ensuring availability and uptime, maximizing server and storage utilization, reducing cost and complexity, simplifying and centralizing management and minimizing deployment costs. To help achieve the lowest ownership costs, StorMagic SvSAN delivers virtualized shared storage that works with any 2-node x86 server set up, eliminating the need for physical SANs, and can be managed from a central location.
Arrow Electronics, Inc. and Splunk Announce Distribution Agreement
Mar 16 15
Arrow Electronics, Inc. announced a distribution agreement for the United States and Canada. Under this agreement, Arrow's enterprise computing solutions business will distribute Splunk software that lets users search, monitor and analyze all machine-generated IT and business data from a single location in real time. Through the agreement, Arrow will make Splunk products available to its resellers including: Splunk Enterprise collects, indexes, monitors, analyzes and visualizes machine data being generated by websites, applications, servers, networks, sensors, mobile devices and more. Customers gain real-time visibility and insights from Splunk Enterprise in multiple use cases including IT operations, application delivery, security, compliance, digital intelligence and business analytics. Hunk brings Splunk's big data analytics stack to organizationsâ data in Hadoop and NoSQL databases, allowing users to detect patterns and find anomalies across terabytes or petabytes of raw data in Hadoop or NoSQL data stores without specialized skill sets, fixed schemas or months of development. Splunk App for Enterprise Security: a next-generation security intelligence platform that provides monitoring, alerting and analytics to detect known and unknown threats in real time with out-of-the-box content.
Arrow Electronics Reports Franchise Agreement with eInfochips
Mar 12 15
Arrow Electronics reported a franchise agreement with eInfochips.
Arrow Offers Embedded Computing Based on Qualcomm Snapdragon Processors
Feb 26 15
Arrow Electronics, Inc. announced it will offer development platforms for embedded computing based initially on Qualcomm® Snapdragon 600 processors. Arrow will distribute a development platform and system-on-modules based on the Snapdragon 600 processor from Qualcomm Technologies, Inc. This provides embedded and industrial customers with greater access to high-performing and low-power Snapdragon-based solutions and features to develop products and applications, including security systems, robotics, and motion control. In addition to providing Snapdragon-powered solutions, hardware and software, Arrow will provide technical support for developers, accelerating deployment time for products.
Arrow Electronics, Inc. Announces Redemption of Outstanding 3.375% Notes Due 2015
Feb 24 15
Arrow Electronics, Inc. announced that the company will redeem for cash all of its outstanding 3.375% notes due 2015 on March 26, 2015 at a redemption price equal to the sum of (i) 100% of the principal amount outstanding, (ii) a make-whole premium calculated three business days prior to the redemption date in accordance with the Indenture and (iii) accrued and unpaid interest on the principal amount being redeemed. The notes were issued pursuant to an indenture dated January 15, 1997, as supplemented, among the company and The Bank of New York Mellon (as successor to the Bank of Montreal Trust Company), as trustee. As of February 23, 2015, $250 million aggregate principal amount of notes remain outstanding. On and after the date of redemption, the notes will no longer be deemed outstanding, interest will cease to accrue thereon and all rights of the holder of the Notes will cease to exist, except for the right to receive the redemption price, including unpaid interest to the redemption date. Notes are to be surrendered to The Bank of New York Mellon Trust Company, N.A. as trustee and paying agent, in exchange for payment of the redemption price on March 26, 2015, in accordance with the instructions specified in the notice of redemption.