Cross Telecom acquired by Arrow Electronics

Cross Telecom, which in November was named the 2010 Avaya Connect Services Partner of the Year in the U.S., has been acquired by New York-based Arrow Electronics (NYSE:ARW). Cross is a provider of converged and IP technologies and unified communications with a business focus on voice, data, Internet-protocol telephony, wireless and CrossNet maintenance and support provided to Fortune 1000 customers.

"This acquisition is a continuation of Arrow's strategy to expand into faster growing, high-margin services that complement our global ECS business," said Andy Bryant, president of Arrow Global Enterprise Computing Solutions. "Cross strengthens our customer and supplier relationships as well as our industry and technical expertise in the unified communications, telephony and managed services industry."

Cross is headquartered in Bloomington, Minn., and has approximately 315 employees. Total sales were approximately $120 million for the year ended Dec. 31, 2010.

Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise computing solutions. Headquartered in Melville, N.Y., Arrow serves as a supply channel partner for over 1,200 suppliers and 115,000 original equipment manufacturers, contract manufacturers and commercial customers through a global network of more than 340 locations in 52 countries.

For more:
- see this release

Related article:
Cross Telecom Recognized as 2010 Avaya Connect Services Partner of the Year