Exhibit 99.1

Arrow Electronics to Acquire DNSint.com AG; Expands Enterprise Computing
Solutions Business into Europe

    MELVILLE, N.Y.--(BUSINESS WIRE)--Oct. 27, 2005--Arrow Electronics,
Inc. (NYSE:ARW) announced that it has signed a definitive agreement
pursuant to which Arrow will acquire all of the issued share capital
of DNSint.com AG ("DNS") for a purchase price of approximately EUR 131
million ($157 million), including the assumption of approximately EUR
28 million ($34 million) of net debt. Arrow will utilize a portion of
its cash and short-term investments on hand (approximately $654
million at September 30, 2005) to fund the purchase price.
    "The DNS acquisition enables us to strategically expand our
enterprise computing solutions business outside of North America and
we are pleased to be partnering with such a strong and well-managed
business as DNS. Reflecting its focus on the broader global
marketplace, we have renamed our computer products business, Arrow
Enterprise Computing Solutions," stated J. Edward Coleman, President
of Arrow Enterprise Computing Solutions.
    DNS, which is headquartered in Munich, Germany and has
approximately 320 employees, distributes mid-range computer products
in Germany, Austria, Switzerland, Norway, Sweden, Denmark, Finland,
the Baltic countries, Poland, the Czech Republic, Slovakia, Slovenia,
Croatia and Hungary and is the largest supplier of Sun Microsystems
products in this region. Total 2005 sales are expected to exceed EUR
310 million ($375 million). DNS, like Arrow, follows a value-added
distribution strategy. Besides its strong business in the server and
storage segment, it is also one of the leading European value-added
distributors for security solutions, access infrastructure,
virtualization and networking infrastructure products. Services
offered range from consulting, training, marketing and sales services
to logistics services.
    "Being Arrow's first investment in Europe in a value-added
computer products distribution business will enable us to execute on
our business strategies in an even more powerful way," stated Kurt
Schoffer, Managing Board Member at DNS. "We have been excited to see
many similarities between the Arrow and DNS strategies. This
transaction will strongly support the DNS business model and will
become the basis for our accelerated growth in the European markets,"
added Manfred Moullion, DNS Managing Board Member.
    "We are excited to be bringing our very successful organizations
together," stated William E. Mitchell, President and Chief Executive
Officer of Arrow Electronics, Inc. "Led by Kurt Schoffer and Manfred
Moullion DNS will serve as our platform for expanding our successful
enterprise computing solutions business throughout Europe. We expect
this transaction to be between $.06 to $.09 accretive in 2006."
    The transaction is subject to customary closing conditions,
including obtaining necessary government approvals, and is expected to
be completed within the next six to eight weeks.
    Arrow Electronics is a major global provider of products, services
and solutions to industrial and commercial users of electronic
components and computer products. Headquartered in Melville, N.Y.,
Arrow serves as a supply channel partner for nearly 600 suppliers and
150,000 original equipment manufacturers, contract manufacturers and
commercial customers through a global network of more than 200
locations in 53 countries and territories.

    Safe Harbor

    The Private Securities Litigation Reform Act of 1995 provides a
"safe harbor" for forward-looking statements. This press release
contains forward-looking statements that are subject to certain 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, changes in product supply,
pricing, and customer demand, competition, other vagaries in the
computer and electronic components markets, changes in relationships
with key suppliers, the effects of additional actions taken to lower
costs, the ability of the company to generate additional cash flow and
the other risks described from time to time in the company's reports
to the Securities and Exchange Commission (including the company's
Annual Report on Form 10-K and Quarterly Reports on Form 10-Q).
Forward-looking statements are those statements, which are not
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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
forward-looking statements.

    CONTACT: Arrow Electronics, Inc.
             Ira M. Birns, 631-847-1657
             Vice President & Treasurer
             or
             Paul J. Reilly, 631-847-1872
             Senior Vice President & Chief Financial Officer
             or
             Media Contact:
             Jacqueline F. Strayer, 631-847-2101
             Vice President, Corporate Communications