Ingram Micro surges into mobility with finalisation of Brightpoint acquisition

15.10.2012
Global technology distribution giant, Ingram Micro, has taken a giant step forward into the mobility sector with the completion of its acquisition of Brightpoint for $US9 per share in cash.

The acquisition marks a major addition in Ingram's arsenal as it adds a leading global provider of device lifecycle services and solutions for the mobile industry.

In statement, Ingram Micro said the acquisition, initially announced on July 2, 2012, gives it broad customer reach and deep relationships with key vendors, network operators and mobile virtual network operators in the rapidly growing and strategically important mobile market.

Additionally, the combined company will now benefit from an expanded global geographic footprint and customer base.

It said the acquisition of BrightPoint supported Ingram Micro's long-term growth strategy to expand the company's business in high growth markets, while increasing its services and solutions capabilities.

BrightPoint brings more than 25,000 B2B customers and over 100,000 points of sale across the globe, along with operations in 27 countries and sales in more than 75 countries around the world.