STOCK TITAN

Arrow Electronics to Provide NVIDIA Line of Professional Visualization Portfolio

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Arrow Electronics (NYSE:ARW) has entered an agreement with NVIDIA to distribute its professional visualization product portfolio. This collaboration enhances Arrow's extensive services for designers and engineers, addressing the increasing demand in sectors such as product design, architecture, and media. Salesh Rampersad, president of Arrow’s global services, noted the need for integrated solutions in the evolving work environment. NVIDIA's Geoff Fancher emphasized that this partnership will help Arrow cater to the growing requirements for remote work and advanced graphics workflows.

Positive
  • Partnership with NVIDIA to expand professional visualization offerings.
  • Addresses growing demand for high-performance visual computing in multiple sectors.
  • Integration of NVIDIA solutions enhances Arrow’s service portfolio.
Negative
  • None.

Arrow Electronics, Inc. (NYSE:ARW) today announced an agreement with NVIDIA to distribute its professional visualization product portfolio, incorporating Arrow’s full services offering to designers and engineers.

The NVIDIA professional visualization portfolio provides high-performance visual computing needed in markets such as product design, architecture, media & entertainment, and scientific visualization.

“The world of professional visualization is evolving rapidly, with advanced engineering simulation and immersive VR becoming common across industries, while millions of professionals have shifted to working from home,” said Salesh Rampersad, president of Arrow’s global services business. “Integrating NVIDIA professional visualization solutions into Arrow’s comprehensive services portfolio, including design engineering, integration, and post-support services, provides the development community comprehensive AI solutions while accelerating time to market.”

“The rapidly evolving fields of AI, graphics, HPC, and networking demand the world-class solutions and services that Arrow Electronics has been offering their customers for years,” said Geoff Fancher, vice president of global distribution at NVIDIA. “Adding an NVIDIA professional visualization line to their offerings helps Arrow meet the growing demand for remote work and high-end graphics workflows.”

About Arrow Electronics

Arrow Electronics guides innovation forward for over 180,000 leading technology manufacturers and service providers. With 2020 sales of $29 billion, Arrow develops technology solutions that improve business and daily life. Learn more at fiveyearsout.com.

FAQ

What is the recent agreement between Arrow Electronics and NVIDIA?

Arrow Electronics has agreed to distribute NVIDIA's professional visualization products, enhancing its comprehensive services for designers and engineers.

Which markets will benefit from Arrow's partnership with NVIDIA?

The partnership targets markets such as product design, architecture, media & entertainment, and scientific visualization.

How does this agreement affect Arrow Electronics' service offerings?

The agreement integrates NVIDIA's solutions into Arrow's service portfolio, improving support for high-performance visual computing.

What was the sales figure for Arrow Electronics in 2020?

In 2020, Arrow Electronics reported sales of $29 billion.

Arrow Electronics, Inc.

NYSE:ARW

ARW Rankings

ARW Latest News

ARW Stock Data

6.02B
52.18M
0.79%
107.98%
4.75%
Electronics & Computer Distribution
Wholesale-electronic Parts & Equipment, Nec
Link
United States of America
CENTENNIAL