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Slide #28. Ingram Micro Inc. — CloudBlue
Ingram Micro Inc. (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 it has acquired Norcross, Ga.-based CloudBlue Technologies, Inc. (CloudBlue), a leading provider of enterprise IT asset disposition, onsite data destruction and e-waste recycling services to large enterprise customers, retail customers and OEMs. Founded in 2008, CloudBlue provides secure and sustainable reverse logistics solutions for more than 1,000 customers.
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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