<DOCUMENT>
<TYPE>EX-99.1
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<FILENAME>a5469443ex99_1.txt
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
                                                                    Exhibit 99.1

          Arrow Electronics to Acquire Centia Group Limited
                       and AKS Group Nordic AB

          ---Expands Software Solutions Business in Europe---

    MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 7, 2007--Arrow Electronics,
Inc. (NYSE:ARW) announced that it has signed a definitive agreement
pursuant to which Arrow will acquire Centia Group Limited and AKS
Group Nordic AB ("Centia/AKS"), Europe's leading specialty
distributors of access infrastructure, security and virtualization
software solutions.

    "With the acquisition of Centia/AKS, we continue to execute on our
strategic objective to pursue opportunities in fast-growing market
segments. This transaction further diversifies our product portfolio
in the European region and strengthens our strategic focus on software
solutions - which is unique to Arrow and will enable us to continue to
outgrow the market," said M. Catherine Morris, president, Arrow
Enterprise Computing Solutions.

    Centia/AKS has over 120 employees throughout Denmark, Finland,
France, Germany, Great Britain, the Netherlands, Norway and Sweden.
The joint linecard includes leading suppliers such as Citrix, VMware,
and RSA. Centia/AKS support value-added resellers in delivering
solutions that optimize, accelerate, monitor and secure an end user's
IT environment. Total sales for 2007 are expected to exceed $120
million.

    "Our reputation for technical excellence has been built up over 25
years. We are excited to become part of a world-class value-added
distributor such as Arrow, and gain access to Arrow's significant
resources and broad customer base. This partnership will create
meaningful opportunities for our organization," said Yuri Pasea,
founder and chairman, Centia/AKS.

    The transaction is subject to customary closing conditions,
including obtaining necessary government approvals, and is expected to
be completed within the next 60 days.

    Arrow Electronics (www.arrow.com) is a global provider of
products, services and solutions to industrial and commercial users of
electronic components and computer products. Headquartered in
Melville, New York, Arrow serves as a supply channel partner for more
than 600 suppliers and 140,000 original equipment manufacturers,
contract manufacturers and commercial customers through a global
network of 260 locations in 55 countries and territories.

    Safe Harbor

    The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. This press release
includes forward-looking statements that are subject to numerous
assumptions, risks, and uncertainties, which could cause actual
results or facts to differ materially from such statements for a
variety of reasons, including, but not limited to: industry
conditions, the company's implementation of its new global financial
system and the company's planned implementation of its new enterprise
resource planning system, changes in product supply, pricing and
customer demand, competition, other vagaries in the global components
and enterprise computing solutions markets, changes in relationships
with key suppliers, increased profit margin pressure, the effects of
additional actions taken to become more efficient or lower costs, and
the company's ability to generate additional cash flow.
Forward-looking statements are those statements, which are not
statements of historical fact. These forward-looking statements can be
identified by forward-looking words such as "expects," "anticipates,"
"intends," "plans," "may," "will," "believes," "seeks," "estimates,"
and similar expressions. Shareholders and other readers are cautioned
not to place undue reliance on these forward-looking statements, which
speak only as of the date on which they are made. The company
undertakes no obligation to update publicly or revise any of the
forward-looking statements.

    CONTACT: Arrow Electronics, Inc.
             Sabrina N. Weaver, 631-847-5359
             Director, Investor Relations
             or
             Paul J. Reilly, 631-847-1872
             Senior Vice President & Chief Financial Officer
             or
             Media:
             Jacqueline F. Strayer, 631-847-2101
             Vice President, Corporate Communications
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