Arrow Electronics acquires ACI Electronics LLC

MELVILLE, N.Y., 12 Feb. 2008. Arrow Electronics Inc. has agreed to acquire all the assets and operations of ACI Electronics LLC (ACI). ACI is one of the largest independent distributors of electronic components used in defense and aerospace applications.

"In the last five years, ACI has grown sales organically at a compound annual growth rate of approximately 20 percent. ACI will further bolster our number one position in the North American defense and aerospace marketplace, and when combined with our existing Arrow/Zeus business, we will have leading market share in many technology segments including military discretes," says Michael J. Long, president of Arrow Global Components.