Arrow Buys Redemtech
Arrow Electronics, Inc. (NYSE: ARW) announced today that the company has agreed to acquire Redemtech, Inc. (“Redemtech”), a wholly owned subsidiary of Micro Electronics, Inc. Redemtech is a provider of electronics asset disposition (EAD) services.
Redemtech offers a comprehensive array of EAD services including data removal, data security, refurbishment, and remarketing of electronic assets, while ensuring compliance with local and national data security and environmental regulations. Redemtech has locations across the United States and the company's customers span a variety of end markets including financial services, consumer, and government.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.