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ConvergeOne To Buy Arrow’s Systems Integration Business For $36M
Fast-growing solution provider ConvergeOne made another strategic expansion move this week, scooping up Arrow Systems Integration – an enterprise communications-focused subsidiary of Arrow Electronics – for $36 million, according to its SEC filings.
Buying Arrow SI will allow ConvergeOne to strengthen its foothold in the United States, broaden its collaboration and cloud services offerings and add vertical expertise in health care and government agencies at the state, local and federal levels, according to Chairman and CEO John McKenna.
Read the full article here.