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Slide #25. Ingram Micro — Shipwire
Ingram Micro (IM)
Ingram Micro Inc. (NYSE: IM), the world's largest wholesale technology distributor and a global leader in supply-chain and mobile device lifecycle services, today announced that it has entered into a definitive agreement pursuant to which it will acquire Shipwire, Inc., a leading provider of global fulfillment services for emerging multi-channel brands. The award-winning Shipwire platform provides on-demand e-commerce fulfillment and supply chain management from a network of global pick-pack and ship warehouses to more than 1,000 emerging brands and web retailers. Integrated into the top e-commerce platforms and based in Silicon Valley, Shipwire has pioneered cloud logistics with on-demand fulfillment center and shipping tools, Web services, and innovative developer tools, that can all be used together to solve complex global logistics problems.
Ingram Micro is engaged in the distribution of information technology (IT) products, supply chain services and mobile device lifecycle services. Co. operates in North America, Europe, Asia-Pacific, and Latin America. Co. focuses on technology services, mobility lifecycle services, commerce and fulfillment services and cloud services. These services include forward and reverse logistics, subscriber identity module kitting, customization services, eBusiness, airtime activation, managed financial services, advanced planning and trade-in programs, and repair, refurbishment and asset recovery. Co.'s product categories include IT peripherals, systems, software, networking and mobility.
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Hold (2.20 out of 4)
(ranked higher than approx. 99% of all stocks covered)
Based on Zacks ABR data;
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