Arrow buys UK based Sphinx Group

Sphinx is based in Nottingham and has 100 employees. It represents more than 20 security and networking suppliers and over 1,000 resellers across the U.K. The company will report through Arrow's Enterprise Computing Solutions' European business. "This acquisition builds on our strategy to increase security and networking capabilities and expands our presence in Europe," said Andy Bryant, president of Arrow ECS. "Sphinx further strengthens our relationships with leading suppliers through increased market share, the addition of new lines, and a high-performance, technically strong sales team." Sphinx's total sales in 2009 were approximately $82.5 million. The acquisition is expected to be accretive to earnings in the first full year of operations.