ENGLEWOOD, Colo., Dec. 4 /PRNewswire-FirstCall/ -- The Enterprise Computing Solutions (ECS) business of Arrow Electronics, Inc. (NYSE: ARW), today announced that it is transitioning its software distribution business to Arrow's subsidiary, Alternative Technology, Inc. (ATI), creating a software business in excess of $1 billion.
ENGLEWOOD, Colo., Dec. 4 /PRNewswire-FirstCall/ — The Enterprise Computing Solutions (ECS) business of Arrow Electronics, Inc. (NYSE: ARW), today announced that it is transitioning its software distribution business to Arrow's subsidiary, Alternative Technology, Inc. (ATI), creating a software business in excess of $1 billion.
Through this arrangement, ATI will gain eight additional product lines that previously were part of Arrow ECS' Software Group and will oversee partner relationships and internal staff for that business. Product lines that will be transferred to ATI include Bakbone, BEA, CA, CommVault, McAfee, Novell, Oracle and Symantec. Arrow ECS' storage, HP and IBM businesses will not change.
"Arrow ECS is committed to increasing the depth of our offerings in high- growth sectors, including software and security. In addition, Arrow ECS is focused on delivering comprehensive solutions to our partners," said Kevin Gilroy, president of Arrow ECS. "This initiative enables Arrow ECS to best serve our software suppliers and partners by providing focused support and dedicated resources to grow their business."
It is anticipated that the suppliers will be transitioned to ATI by the end of Arrow's first quarter in 2008. A team comprising representatives from both Arrow ECS and ATI will manage the integration process.
"This integration best enables Arrow ECS and ATI to share and apply best practices within our respective software businesses," said Bill Botti, president and chief executive officer of ATI. "Partners will benefit from enhanced complementary product lines and a full suite of professional services available through ATI."
ATI represents more than 30 software and security suppliers, including Citrix and VMware. Established in 1986, ATI provides end-to-end solutions, presales support, order management and marketing services to more than 3,000 partners. ATI also offers a robust portfolio of processional services for partners, including onsite engineering, security assessments and technical call support.
ABOUT ALTERNATIVE TECHNOLOGY
Alternative Technology is a leading specialty distributor for value-added resellers who need products and services targeted at thin-client/server-based computing, edge infrastructure, virtualization, security, and wireless markets. Driving the widespread adoption of leading-edge technologies by bridging the gaps between products and services to solve critical business problems, Alternative identifies business issues that are key to its markets and offers multivendor solutions that drive demand back through its reseller partners. Alternative Technology, headquartered in Englewood, Colo., has offices in Ft. Lauderdale, Fla., Carlsbad, Calif., and Mississauga, Canada. Alternative Technology is a wholly owned subsidiary of Arrow Enterprise Computing Solutions, which is a business unit of Arrow Electronics, Inc. (NYSE: ARW). For more information, go to: www.AltTech.com, e-mail: sales@AltTech.com or call toll-free: 800.544.7674 (USA), or 866.240.9991 (Canada).
ABOUT ARROW ENTERPRISE COMPUTING SOLUTIONS
Arrow ECS, a business unit of Arrow Electronics, Inc. [NYSE: ARW], provides enterprise and midrange computing products, services and solutions to value-added resellers, system integrators, and independent software vendors. Based in Englewood, Colo., Arrow ECS connects its customers to the world's foremost technology suppliers, including HP, IBM, Sun Microsystems, EMC, NetApp, Hitachi Data Systems, and other leading storage networking, software, and security suppliers. Arrow ECS reported $2.5 billion in worldwide computer products sales in 2006. Visit www.arrowecs.com for more information.
SOURCE Arrow Electronics, Inc.