Arrow targets French distie

Chips 'n' bits distributor Arrow has moved in to buy French distributor Tekelec. Based near Paris, Tekelec had revenues in the region of $325 million last year, and sells across most of Europe. Tekelec sells AMD, Intel, Siemens/Infineon, STMicro and Linear Technology among others. Arrow is one of the world's largest distribution groups and had sales in excess of $9 billion last year. No figures were released on the deal. ®