CENTENNIAL, Colo.--(BUSINESS WIRE)--Arrow Electronics, Inc. (NYSE:ARW) announced today that it has signed a definitive agreement to acquire the global internet media portfolio focused on technology and electronic design from UBM, including EE Times, EDN, ESM, Embedded, EBN, TechONline, and Datasheets.com.
Arrow is a global leader in technology design, manufacturing support, and supply-chain services. Last year, Arrow acquired the United Technical Publishing arm of Hearst Media. With this agreement with UBM, Arrow strengthens its position as a foremost thought leader and trusted advisor in IoT and technology design trends.
“Arrow has always been the trusted advisor for companies going from design to production on their most important projects. Our investments in global internet media, focused on technology design, are helping both technical and non-technical companies integrate electronics into their products and applications,” said Matt Anderson, chief digital officer of Arrow Electronics. “Our internet media is guiding innovation forward by making technical decision making easier for designers, R&D groups, and engineers. This is a step forward in our digital transformation, positioning Arrow as the preeminent, unbiased technology internet media, design, and eCommerce option for companies, from those on Indiegogo all the way to Fortune 500 global leaders.”
Arrow Electronics (www.arrow.com) is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Arrow serves as a supply channel partner for more than 100,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 460 locations serving over 85 countries.
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