Public subsidiary | |
Traded as | : IM |
Industry | Information Technology |
Founded | 1979 |
Headquarters | Irvine, CA |
Key people
|
Dale Laurance, Chairman Alain Monié, CEO William Humes, CFO |
Products | Computer hardware, software, services, logistics |
Revenue | US$ 43.026 billion (2015) |
US$ 215 million(2015) | |
Number of employees
|
27,700 |
Subsidiaries | AVAD, APTEC - An Ingram Micro Company |
Website | www |
Ingram Micro is a wholesaler of IT products and services. Its headquarter remains in Irvine, California despite the fact the company has been acquired by the Chinese group HNA in 2016. With sales over 43 billion USD in 2015, it is the world's largest wholesaler in technology products and services. It sells (only to IT resellers) products and services from manufacturers such as Acer Inc., Apple, Cisco, Google, Hewlett-Packard ("HP"), IBM, Lenovo, Microsoft, Samsung ... The company ranks 64th in the 2016 Fortune 500.
In February 2016, a definitive merger agreement was announced under which the HNA Group will acquire Ingram Micro in an all-cash transaction with an equity value of approximately $6 billion.
In 1989 Ingram Micro, then called "Ingram Micro-D", was a subsidiary of the privately owned Ingram Industries group, took over the Belgian Softinvest and its three Softeurop subsidiaries active on the Belgian, the French and the Dutch markets from Brussels, Lille and Utrecht. This was Ingram's first foray outside the United States other than a few Ingram Industries subsidiaries. The company embarked on an active merge, acquisitions and foundation strategy in the European market.
In August 1993, Ingram Micro Belgium acquired Zaventem Electronic Dealer Distribution (Zedd) and much of its assets including the right to distribute Hewlett Packard products.
In July 2005 Ingram Micro purchasedAVAD, LLC, a leading wholesale distributor for home automation and A/V gear. It sold this subsidiary in July 2016.