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Articles about Arrow Electronics

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Arrow Electronics engulfs hefty data centre player in €230m gobble

Serial swallower Arrow Electronics has wolfed down security and network distie Computerlinks (C'links) in a deal valued at €230m (£198m). Word on the street was that US-based giant Arrow had been locked in buyout talks with the privately-owned, Germany-based player earlier in the summer, but the deal was only confirmed late last …
Paul Kunert, 28 Aug 2013
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Another year, another $40m: Arrow Electronics to cut costs AGAIN

Arrow Electronics warned that it needs to hack out $40m of costs amid concerns of significant shrinkage in economies on both sides of the Atlantic. The enterprise distie took the covers off full-year 2012 numbers that showed a 15.4 per cent year-on-year slide in net profits to $506.3m and a 4.6 per cent dip in turnover to $20. …
Paul Kunert, 07 Feb 2013

Arrow: global macro still 'unsettled" as profits dip

Just when you thought it was safe to mouth the words distributor and expanding profits in the same breath, Arrow Electronics has rolled out financials for calendar Q3 that show some bottom line slippage. The numbers for the three months ended September weren't bad per se, but after CEO Michael Long said last quarter that "large …
Paul Kunert, 30 Oct 2013
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Arrow's Computerlinks gobble - a vendor's perspective

One of the channel's worst kept secrets was finally outed last month as US behemoth Arrow Electronics agreed to snap up Munich-headquartered VAD Computerlinks for a cool €230m. In many ways it was a canny bit of business for Arrow and should give it access to some high-end customers, but the deal raises more questions than it …
Tim Ayling, 27 Sep 2013

Enterprise tech market returning, says Arrow CEO Long

Enterprise tech buyers may have started to shake off the residual effects of the recession, judging by the fortunes of sector bellwether Arrow Electronics, whose numbers came in at the high end of expectations. Turnover for the second quarter of fiscal 2013, ended 29 June, went up three per cent to $5.3bn. However it was the …
Paul Kunert, 25 Jul 2013
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Arrow Electronics sales and profits up in Q3

Distribution juggernaut Arrow Electronics ploughed through Q3 with sales and profits up by double digits. The US firm, which recorded an 11 per cent rise in turnover to $5.19bn (£3.26bn) and an 11.5 per cent climb in profits to $132.2m (£83.1m) for the period ended 1 October, is now planning to beef up its vendor and services …
Paul Kunert, 26 Oct 2011

Arrow profits quiver as Q1 sales misfire

Arrow Electronics' Q1 profits have been derailed by restructuring charges and weaker than expected sales of components in Europe and Asia. The enterprise distie giant reported a bottom line of just $113.6m (£70.1m), down 16.6 per cent compared to the same quarter a year ago, on the back of sales of $4.9bn (£3.02bn), a drop of 6. …
Paul Kunert, 01 May 2012
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Distie giant Arrow acquires Ireland's Altimate for €48.1m

American distie Arrow Electronics has scooped up smaller Irish-owned rival Altimate Group for €48.1m. Channel-bestriding behemoth Arrow bought the distributor off Irish financial holding company DCC. Altimate is DCC's Enterprise distribution business and in 2011 reported a yearly operating profit of €3.7m on €257m of global …
Anna Leach, 03 Apr 2012
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Arrow Electric CEO: Sales dip, profits fall but it's no 'overall disaster'

Arrow Electronics stopped well short of saying the recession has bottomed out as its components arm continues to wrestle with a tough biz climate, but an air of optimism hung over senior management. Sales at the distie titan fell 4 per cent to $4.96bn, but this excluded $176.5m of services contracts now to be recognised on an …
Paul Kunert, 01 Nov 2012

Arrow aims at IT, finance bods to shoot down $20m in spending

Arrow Electronics hopes to save a further $20m in overheads as it battens down the hatches for a "period of slow growth". The global distie heavyweight saw sales decline seven per cent to $5.15bn (£3.28bn) for Q2 ended 30 June as profits sank by more than 26 per cent to $114.4m (£72.8m). The company's Enterprise Computing …
Paul Kunert, 31 Jul 2012
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Arrow warns on tightening component sales

Global distributor Arrow Electronics has warned Q3 forecasts will fall short of analyst expectations as it is anticipating a slowdown in components shipments. The distribution heavyweight today reported a 20 per cent hike in sales to $5.54bn, up 6 per cent sequentially for Q2 ended 2 July, but excluding the currency headwind and …
Paul Kunert, 27 Jul 2011
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Big Blue cedes software and systems training biz to partners

IBM is getting out of selling education and training services to customers for its Software Group and Systems and Technology Group, and shifting to an indirect sales model through a new training channel that it has set up. Steve Mills, who is in charge of the converged Software and Systems Group (which even IBM doesn't talk …
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IBM to pump Power Systems through Tech Data, Ingram Micro

Big Blue is boosting the size of the Stateside distribution channel that sells its Power Systems servers and enterprise storage by inking master distributor agreements with Ingram Micro and Tech Data. With the new deal, IBM is hoping to boost its profile among small and midrange businesses in particular, a growing market which …
The Register breaking news

Arrow Electronics to axe 1,000 staff

Arrow Electronics has added its own job cuts warning to the day's casualties. The PC components distributor warned it would axe another 1,000 jobs during the third quarter after it reported a Q2 profit nose-dive of 92 per cent. The New York-based company posted net income of $7 million for the second quarter. Sales fell 21 per …
Linda Harrison, 24 Jul 2001
The Register breaking news

Arrow to shut UK warehouses

Arrow Electronics is going pan-European on the distribution front, shutting down two UK warehouses in the process. The move which will see distribution centralised in the Netherlands, is expected to save $5m a year. The number of staff affected has not been published. Arrow is also taking flight from PC component distribution …
Drew Cullen, 28 Jul 2003
The Register breaking news

Profit warning – Arrow's turn

Arrow Electronics, the world's biggest electronics components distie, is the latest tech firm to issue a profits warning. The company says that Q3 sales will be approx. $2.2bn, 13 per cent down on Q3, and 35 per cent down on the same period last year. The company will record a net loss of between $.15 and $.20 per share. It …
Drew Cullen, 08 Oct 2001
The Register breaking news

Arrow, Avnet hit profit skids

Arrow Electronics and Avnet, the world's two biggest electronics components disties, have issued profits warnings. Both companies have substantial computer parts wholesaling arms too. Arrow today said Q2 earnings would fall more than anticipated because of falling demand in North America, Europe and Asia. It now expects to …
Drew Cullen, 21 Jun 2001
The four-socket Moonshot server card from HP using the Opteron X chip

AMD chalks up Opteron X design win on HP Moonshot hyperscale system

Hewlett-Packard is making no promises about when it will be delivered, but the company is showing off a multiple-node server cartridge for its "Redstone" Moonshot 1500 chassis using the "Kyoto" Opteron X processor from Advanced Micro Devices. More precisely, Andrew Feldman, general manager of the server business unit at AMD, has …
The Register breaking news

Arrow, Avnet carve up Veba

The world's two biggest electronics and computer component distributors are ganging up to buy the number three. Schroder Ventures is joining in the fun too, teaming up with Arrow Electronics and Avnet to buy German distie Veba Electronics Group from holding company E.ON for $2.35 billion (E2.6 billion) in cash, including debt. …
Drew Cullen, 07 Aug 2000
The Register breaking news

Arrow backs Virtual Chip Exchange worldwide

Arrow Electronics has taken an equity stake in the Virtual Chip Exchange, as the service launches worldwide. No details of the amount of equity was given, but it is a minority investment. Stephen Kaufman, Arrow's CEO, said: "We recognise the potential of the Interent in facilitating the resale of excess inventories...traditional …
Mike Magee, 09 Jul 1999
The Register breaking news

Arrow shot through the heart with $159m loss

Arrow Electronics, the world's biggest electronics components distie, has reported a Q3 net loss of $159.1 million on sales of $2.2 billion. A year earlier it managed a net income of $101.9 million on sales of $3.3 billion. The loss included special charges of $145.1 million, after tax, for canning more than 1,200 people, …
Robert Blincoe, 24 Oct 2001
The Register breaking news

Avnet and Arrow team up online

Rivals Arrow Electronics and Avnet are to team up with a Web site to distribute chips and other components. The on-line semiconductor supermarket, ChipCenter LLC, will be developed with software maker Aspect Development and up-for-sale publishing house CMP Media. An announcement is expected today, and the Web site should be up …
Linda Harrison, 26 Apr 1999
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Two bosses axed in Azlan makeover

Azlan made two senior managers redundant as part of a planned restructure. The enterprise wing of Computer 2000 is moving from a structure based on vertical markets to one that is based on vendor partners. An HP, IBM and Cisco division will be put in place as a starting point. As a result, unified comms marketing director Simon …
Paul Kunert, 16 Nov 2011

How EMC stuffs channel cakeholes with VSPEX recipes

No server maker of any appreciable size – now including the famously direct Dell – has been able to sell machines without the help of the reseller channel. Ironically, EMC is not even a server maker, but its aspirations in the IT sector make it just as dependent on the channel as rivals Hewlett-Packard, Dell, and IBM. The world …
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Cisco taps Avnet to peddle 'California' servers

This is one that you could have seen coming a million miles away. With only two master resellers in the global server racket, it was only a matter of time before either Arrow Electronics or Avnet started distributing the "California" Unified Computing System converged blade servers from Cisco Systems. Avnet has announced that …
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Tech disties get clean bill of health from ratings agency

Ratings agency Fitch has given the IT distribution market a "stable outlook", predicting modest sales growth this year as corporate IT demand ticks up. The ratings agency profiled five of the major global disties for its Distribute IT: Information Technology Distributors Industry Review and Outlook report. Overall it declared …
Joe Fay, 26 Apr 2010
The Register breaking news

IBM adds platform services to SmartCloud

System vendors have two choices: start their own clouds using their own iron or lose control of customers to someone who does. And they also have to give customers a chance to build similar private clouds based on their wares. IBM, like Dell, Oracle, and soon Hewlett-Packard when it announces its cloud, has decided to build its …
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Agilysys blames Oracle/Sun for bum quarter

Agilysys might have gotten out of directly distributing server technology from all the tier one players a few years back, but just the same its financials can be hammered by what the server makers do - and don't do. And so it is with the fourth fiscal quarter ended in March for Agilysys, which peddles various application stacks …
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Microtronica sticks band-aid on UK ops

Here's a weird thing. The computer components distie Microtronica doesn't want to be a distributor anymore. Not in the UK, at any rate, where it has told PC builders that they must go to Scan Computers, the computer retailer, for their supplies. In other words, Scan will be a sub-distributor, saving Microtronica logistic …
Team Register, 01 Aug 2008
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System sales might have hit bottom

The two key master distributors of servers and storage, Avnet and Arrow Electronics, reported their financial results for their most recent quarters. Both companies are hoping that the server market has finally hit bottom. Avnet Avnet closed out its fiscal 2009 year on June 27, and says that in the fourth quarter it saw a gut- …
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IBM raids Oracle-Sun hardware channel

IBM has been chasing customers using Sun Microsystems' Sparc-based servers for more than a decade. Now that Sun is part of the much-stronger Oracle collective, Big Blue is trying a different tactic - going after the channel partners who distribute Sun systems. To get Sun Oracle resellers interested in switching to peddling …
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Riverbed pumps up software with Zeus, Aptimize buys

WAN optimization appliance maker Riverbed Technology turned in a very good second quarter yesterday and decided to blow some of its cash hoard buying two companies to pump up the applications that run on its Steelhead and other appliances. The first company that Riverbed is snapping up is Zeus Technology, the maker of traffic …
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Optimism down as priorities shift in mid-market IT

With a sharply declining server market this year and relative stagnation expected for the few, according to a long range forecast released by IDC and a shorter-term one from Gartner, you can bet server resellers are trying to get a bead on what things midrange shops want and need to spend money on. Which is the main reason why …
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IT upturn? Not this year, say disties

The world’s top distributors have said that the channel might be near the bottom of the slump, but strong growth may not be seen until 2011. A galaxy of disty CEOs landed in London yesterday for a meeting of the Global Technology Distribution Council. GTDC CEO Tim Curran’s presentation highlighted the industry’s resilience in …
Joe Fay, 10 Jun 2009
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IBM debuts new Power7 iron this week

It looks like IBM is getting ready to roll out some more Power7-based systems this week, as well as an update to its proprietary midrange operating system, formerly known as OS/400 and now called i for Business, or i for short. The details are a bit thin, but resellers downstream from master distributor Arrow Electronics' …
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Unisys parts with server chief

Unisys has parted ways with senior vice president Rich Marcello, the man who ran its Technology, Consulting, and Integration Solutions business unit. Yesterday, in a filing with the Securities and Exchange Commission, the company said that Marcello was no longer in his position after signing a termination agreement. A …
For Sale sign detail

Unisys anoints ex-Gateway chief as CEO

Well, that didn't take very long. Only two weeks ago, server and services specialist Unisys said that Joe McGrath, its president and chief executive officer, was stepping down at the end of the year and that its board of directors were beginning a search for a new executive to accelerate its strategy. And today, Unisys announced …
The Register breaking news

Doing the math on IBM's real systems biz

For the past couple of quarters, I have been refining my model of IBM's server business, and I think with the incarnation I built to analyze the company's fourth quarter and full year results for 2010, I have something that is closer to reality than I have ever put together before. And it shows just how much Big Blue is, …
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HP, Microsoft form $250m IT tag team

With Cisco Systems, EMC, and VMware teaming up to sell integrated IT stacks, Oracle buying Sun Microsystems to create its own integrated stacks, and IBM having sold integrated legacy system stacks and rolling in profits from them for decades, it was only a matter of time before other big IT players paired off Today, through a …

EMC goes low with new NAS head

EMC has announced plans to roll out a new storage system designed to keep Windows users happy by linking lower-end hardware with higher-end kit. Come June, EMC will ship the NetWin 110 NAS Gateway - a follow on to the larger NetWin 200 released last October. The two boxes are the only members of EMC's NetWin family of products …
Ashlee Vance, 20 May 2004
The Register breaking news

For sale: Motorola's PowerPC 7457 for $5046.96

Can't wait for new PowerBooks based on Motorola's upcoming PowerPC 7457 chip? Fancy upgrading your existing system by whipping out its current G4 and swapping in the new model? Well now you can - at a price. If you've got a little over $5000 to spare, you can beat the crowd to the hottest Mac processor this side of IBM's 64-bit …
Tony Smith, 25 Jul 2003
The Register breaking news

Channel Flannel Extra

Haven't got time to read this week's Computer Reseller News or MicroScope? Don't worry, we've read 'em for you. Here's our round-up of some of the channel weeklies' best stories. MicroScope Ideal Hardware is about to fall into the clutches of Ingram Micro. Sources claimed the US distributor was in talks to buy Ideal, InterX's …
Linda Harrison, 09 May 2000
The Register breaking news

Channel Flannel Extra

Haven't got time to read this week's Computer Reseller News or MicroScope? Don't worry, we've read 'em for you. Here's our round-up of some of the channel weeklies' best stories. MicroScope Ideal Hardware is about to fall into the clutches of Ingram Micro. Sources claimed the US distributor was in talks to buy Ideal, InterX's …
Linda Harrison, 03 Feb 2000
fingers pointing at man

Moon Macrosystems - How to build a better Sun

You're a Sun Microsystems systems engineer. Or a Sun software developer. Or maybe even one of the few sales people that knows a disk drive from a processor from a TCP/IP stack. You have survived countless layoffs since 2000, when the dot-com gravy train ran under the sink. You've rolled with the seemingly endless strings of …
The Register breaking news

Legal action is scaring Web content copiers

Dotcoms who routinely collate and display information from other sites could find themselves on the wrong side of the law. The legal status of collated material is still hotly disputed, as recent cases which people had hoped would test of existing law in the virtual space, have been settled out of court. Currently online …
Lucy Sherriff, 10 Nov 2000