Arrow Electronics was founded in 1935 when a retail store named Arrow Radio opened on Cortlandt Street in the heart of lower Manhattan’s “Radio Row,” the birthplace of electronics distribution. Arrow Radio, established by Maurice (“Murray”) Goldberg, sold used radios and radio parts to retail customers. Other industry pioneers with businesses nearby were Charles Avnet and Seymour Schweber.
Arrow has completed over 40 strategic acquisitions in the last decade, that further expand its global components and computer systems businesses. In 2019, the company was ranked number 109 on the Fortune 500 list.