Arrow

Arrow: From Top Distributor to Enabler of All Things High-Tech

Arrow Electronics Inc. sits today atop the distribution market. Victorious and, for the first time, alone. CEO Michael Long should savor the moment. Except, he has loftier goals. Arrow wants to be a solutions and technology platform offering data, design, engineering, product development, software, supply chain and other services to the global economy. This is…

Broadcom-Qualcomm: A Merger of Equals is Better

Qualcomm Inc. was right to turn down Broadcom Ltd.’s “final” purchase offer. It is bad for both companies. A better deal is a merger of equals that promises major tax benefits for shareholders, a lower debt burden and swift integration. A merger is what Broadcom and Qualcomm should be discussing rather than the likely fruitless…

Avnet’s Next Test: Avoiding the Serial Restructuring Trap

Avnet Inc. Is mending. It is not hale and hearty yet, though, and as it revels in recent financial wins, the distributor confronts a new challenge: shaking off the impression that it has fallen into an inescapable restructuring corkscrew. The perception that Avnet is perennially retooling operations clashes hard with the image that CEO William…

The Case for Further Distribution Consolidation

The electronics component distribution market is straining under severe margin pressures that are bound to persist until businesses in the sector come to terms with one harsh reality: there are too many of them. Further consolidation of the sector is necessary if surviving distributors are to reap the full benefits of restructuring actions undertaken in…

Arrow Electronics: A Necessary Evolution in a Perilous Market

Arrow Electronics Inc. is knee-deep in the most consequential evolution in its history, one that has the potential to result in a complete transformation of its business and heavily impact the entire electronics value chain by forcing a reshaping of the design, engineering, new product introduction, procurement and the entire supply chain. Once finished, the…

Arrow Boosts Design Chain Offerings with eInfochips Deal

Arrow Electronics Inc. is diving deeper into the design engineering services market with an agreement to purchase eInfochips, a San Jose-based product engineering firm serving OEMs and semiconductor companies with a range of offerings spread across various segments of the high-tech industry. The eInfochips transaction is the latest in a series of transformative actions being…

NXP: Imagine a Future Without Qualcomm

NXP Semiconductors N.V. needs a Plan B and maybe even Plans C and D. Broadcom Ltd.’s unwelcomed $130 billion offer for Qualcomm Inc. has thrown NXP’s plans of being absorbed by the American chipmaker into disarray. To avoid damages to its operations, NXP should develop an alternate growth strategy and start sharing this immediately with…

High-Tech M&A: No Price Too High, No Firm Too Big

The consolidation of the semiconductor sector has moved into a new phase involving mega transactions that may trigger similarly large acquisitions in other segments of the electronics market and further the redrawing of the industry supply chain as OEMs, contract manufacturers and component distributors re-align with the new power centers. IC market consolidators had been…

Broadcom-Qualcomm: Another Blunder in the Making

The $130 billion offer by Broadcom Ltd. for Qualcomm Inc. announced this week will rank as the industry’s biggest deal but that designation alone should give cause for concern. Huge deals like this are notorious for not meeting expectations and a hard look at the facts indicate Broadcom’s shareholders may in time come to rue…