Announced
Completed
Synopsis
Arrow Business Communications, a telecommunications equipment and services provider, completed the acquisition of Altinet, a provider of IT security and storage service. Financial terms were not discosed. “With it’s strong cultural alignment to Arrow, expertise in cyber security and impressive sales oriented approach, Altinet represents the perfect first acquisition following the investment in Arrow by MML. I am excited by the possibility of offering the broader product portfolio into the combined customer base and extending Arrow’s IT capability. I’m sure Dan, Henry and all the Altinet team will continue to thrive with the additional support of the wider Arrow business and I look forward to welcoming them all to the team," Richard Burke, Arrow CEO.
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