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02.03.2015 14:07:28

Arrow Electronics Agrees To Acquire ImmixGroup - Quick Facts

(RTTNews) - Arrow Electronics, Inc. (ARW) Monday said it has signed a definitive agreement to acquire immixGroup, Inc., a value-added distributor supporting over 800 value-added resellers, solution providers, service providers, and other public sector channel partners with specialized resources.

This acquisition is expected to be $0.10 to $0.14 accretive to earnings per share, excluding the impact of the amortization of related intangible assets, in the first year after closing. It is expected to close at the beginning of the second quarter of 2015.

ImmixGroup has a comprehensive offering of IT solutions from over 250 of the world's leading technology suppliers. It also has a platform of services that helps IT companies do business with the government in the channel.

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