Digi International expands distribution agreement with Arrow Electronics Digi International (DGII) and Arrow Electronics ARW) announced they have signed a global distribution agreement expanding their existing successful North American distribution alliance. Arrow will offer leading Digi embedded products and Device Cloud by Etherios, which allows any device to communicate with any application anywhere in the world. Previously available to Arrow customers in North America, these solutions now are available globally.
Arrow Electronics announces additional $200M share repurchase program Arrow Electronics announced the approval by the company’s board of directors of the repurchase of up to an additional $200M of common stock through a share repurchase program. The company has spent approximately $1.2B on share repurchases since the beginning of 2010 and this action will permit the company to continue repurchasing shares of its common stock as market and business conditions warrant.