In our global enterprise computing solutions segment, we had a very impressive performance this quarter. Sales were well ahead of normal seasonality and increased 15% year-over-year or nearly 3x the rate at which the market was expected to grow. Highlights for the quarter included robust product lines [Audio Gap] performance and storage, software, and services, which each grew in excess of 20% year-over-year.Consistent with our strategy to increase our sale in Europe, we recently announced our intent to acquire the Altimate Group, a value-added distributor of the enterprise and midrange computing products, services and solutions based in France. Once completed, this acquisition will enhance our industry-leading position across Western Europe and further strengthen key supplier relationships in the region.
Arrow Electronics' CEO Discusses Q1 2012 Results - Earnings Call Transcript
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