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Slide #54. Ingram Micro Inc. — Promark Technology
Ingram Micro Inc. (IM)
Ingram Micro Inc. (NYSE: IM), the world's largest technology distributor and a global leader in IT supply-chain, mobile device lifecycle services and logistics solutions, today announced it will acquire Promark Technology, a value added distributor (VAD) with a core technology focus on data storage, data management and electronic document imaging products and services. Based in Annapolis Junction, Md., Promark also provides various federal and state contract vehicles, including a General Services Administration (GSA) schedule, which allows its authorized vendors and technology resellers to sell to the U.S. public sector market. Promark's revenues are estimated to be $100 million for the year ending December 31, 2012. Promark will retain its name and operate as a subsidiary of Ingram Micro.
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)
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