Wednesday, January 28, 2015

Arrow Electronics Buys Data Modul AG

Centennial, Colorado-based electronics products and components provider Arrow Electronics announced today that it has launched a tender offer to acquire German company Data Modul AG. The deal is worth approximately $105M. Data Modul -- formally known as DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen -- is an electronics provider, offering up custom displays, touch panels, LCD controllers, and other products for embedded and other systems. Arrow said the buy will bolster its visual solutions capabilities, plus geographic reach.