Product category:
Communications ICs (Wired)
News Release from: Arrow Electronics (UK)
Edited by the Electronicstalk Editorial
Team on 17 October 2005
Acquisition supports Nordic Philips
users
Arrow has further strengthened its support for Nordic customers by acquiring the inventory of Philips Semiconductor products that was previously held by Abacus Promax.
Arrow has further strengthened its support for Nordic customers by acquiring the inventory of Philips Semiconductor products that was previously held by Abacus Promax At the same time the company has also increased the size of its FAE support team for the Philips line in the Nordic region
This article was originally published on Electronicstalk on 29 May 2001 at 8.00am (UK)
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The inventory acquisition and increase in FAE support will further boost Arrow's support for the Philips franchise in Denmark, Finland, Norway and Sweden.
At the same time, the move will ensure a stable supply of product and support for Nordic customers who sourced Philips products from Promax prior to the end of the Philips/Promax distribution agreement.
Discussing the move, Karl Johan Lier, the Arrow Nordic Managing Director, comments: "Acquiring the Promax inventory and investing in additional FAE resource is further evidence of the importance that Arrow places on the Nordic region".
"As well as the benefit to our existing customers, this move also ensures that companies who previously bought through Promax can obtain the parts that they need, but with the added advantage of access to Arrow's broad portfolio of local and global design and logistics support and value added services".
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