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ARW Arrow Electronics Inc

122.71
-2.14 (-1.71%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arrow Electronics Inc NYSE:ARW NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -2.14 -1.71% 122.71 123.89 119.06 123.25 818,612 01:00:00

Arrow Electronics Signs Distribution Agreement with NovAtel

01/07/2015 5:51pm

Business Wire


Arrow Electronics (NYSE:ARW)
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Arrow Electronics, Inc. (NYSE:ARW) today announced that it is now carrying a number of NovAtel high-precision global navigation satellite system (GNSS) and GPS products to Arrow customers in the Americas, and globally through arrow.com.

“An increasing number of businesses are turning to location technology to manage and monitor their operations, vehicle fleets and other assets,” said Aiden Mitchell, vice president of semiconductor marketing for Arrow Electronics. “We are excited to add NovAtel to our line card and to expand our product offerings in this growing tech space for Arrow’s customers.”

“This isn’t the first time Arrow and NovAtel have worked together,” said Steve Duncombe, vice president of sales for NovAtel. “NovAtel lent its positioning-technology expertise to Arrow’s semi-autonomous motorcar (SAM) project, and we are thrilled to expand our collaboration with this distribution agreement.”

Arrow is now carrying NovAtel receivers, enclosures, antennas and cables. Arrow will also distribute a NovAtel OEM development kit that allows for the quick and easy evaluation of all features of NovAtel’s OEM6, and OEMStar GNSS cards. To learn about the NovAtel products available through Arrow Electronics, please visit arrow.com.

About Arrow Electronics

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 in 56 countries.

About NovAtel

NovAtel Inc. (www.novatel.com) designs, manufactures and sells high precision OEM positioning technology. NovAtel is part of Hexagon (Nasdaq Stockholm: HEXA B; hexagon.com), a leading global provider of information technologies that drive quality and productivity improvements across geospatial and industrial enterprise applications.

Arrow ElectronicsMeghan Macdonald, 303-824-4589mmacdonald@arrow.com

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