arrow electronics inc (ARW) Key Developments
Arrow Electronics Seeks Acquisitions
Sep 17 15
Arrow Electronics, Inc. (NYSE:ARW) announced on September 17, 2015 the approval by Arrow Electronics' Board of Directors of the repurchase of up to an additional $400 million of common stock through a share repurchase program. Arrow Electronics has spent approximately $1.4 billion on share repurchases since the beginning of 2010. "Arrow's capital allocation priorities continue to be organic investments that accelerate our growth, accretive acquisitions that expand our capabilities and reach, and the return of excess cash to our shareholders," said Michael J. Long, chairman, president, and Chief Executive Officer.
Arrow Electronics Announces New Distribution Agreement with Solair
Sep 16 15
Arrow Electronics announced that it is making it easier for OEMs and end users to build powerful Internet of Things (IoT) applications for businesses through its new distribution agreement with Solair. Customers can very quickly see their data using the Solair IoT In A Box starter kit that provides everything needed to connect machines, things and sensors to a cloud application using a simple click-to-configure administration panel. Solair is unique as there is no coding required to fully customise the application. Advanced security features, management tools, and support for scalability are also included.
Arrow Electronics Collaborates with NetComm Wireless to Simplify Internet of Things Deployments Worldwide
Sep 10 15
NetComm Wireless Limited announced a collaboration with Arrow Electronics in the U.S. to provide the market's first Intelligent Gateway. The launch represents the first phase of the new 'Arrow Intelligent Services' framework and set of software capabilities introduced by Arrow Electronics to simplify and expedite Internet of Things (IoT) deployments worldwide. The new global offering will lower deployment costs and accelerate the development of IoT applications that interact with IoT hardware through standard web services and Application Programming Interfaces (APIs), rather than through complicated and proprietary interfaces and development kits.
Arrow Electronics, Inc. Announces New Arrow Intelligent Services
Sep 9 15
Arrow Electronics, Inc. announced that its new “Arrow Intelligent Services” framework and set of software capabilities that will dramatically simplify the way Original Equipment Manufacturers (OEMs), enterprises and suppliers build, deploy and manage connected and intelligent systems. Arrow’s new global offering enables developers to more quickly and inexpensively build applications that interact with IoT hardware through standard web services and Application Programming Interfaces (APIs), rather than through complicated and proprietary interfaces and development kits. Working closely with key suppliers, Arrow will transform heterogeneous and proprietary development interfaces into a more standard and simple API-based framework. Arrow is also providing off-the-shelf management capabilities for a number of product categories, starting with gateways. The new offering complements Arrow’s core offerings in global components, enterprise computing and systems integration. The API-centric approach will help integrate the billions of discrete IoT building blocks that Arrow sells to its more than 100,000 customers worldwide. The Arrow Intelligent Services strategy and architecture will also allow customers and OEMs to select and integrate best-of-breed technologies—from semiconductors and embedded computers all the way to data hosting infrastructure, billing, analytics and third-party enterprise applications.
Digi International Announces Expanded Global Distribution Agreement with Arrow Electronics, Inc
Sep 1 15
Digi International and Arrow Electronics, Inc. announced an expanded global distribution agreement. Under the expanded agreement, Digi's complete product and services portfolio has been made available through Arrow's global network. As a result, design engineers around the world now have access to the full-range of Digi's cellular, embedded, RF, network and wireless design services through one of the world's large electronic components distributors. Digi provides one of the industry's ranges of wireless products, a cloud computing platform tailored for devices, and development services to help customers create, deploy and manage wireless devices and applications in mission-critical, industrial settings. Digi's M2M products include embedded system-on-modules; RF products, including XBee® modules, gateways, modems, adapters, range extenders, and sensors; Digi Transport® cellular gateways/routers; and Rabbit modules and single-board computers.