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Ingram Micro Inc (IM.N)

IM.N on New York Stock Exchange

34.26USD
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Ingram Micro, Tianjin Tianhai Elect say deal on track to close in second half of 2016
Thursday, 21 Jul 2016 04:03pm EDT 

Ingram Micro Inc (IM.N) : Ingram Micro and Tianjin Tianhai Elect to submit joint notification to committee on foreign investment in the United States; acquisition of Ingram Micro remains on track to close in second half of 2016 .Companies continue to expect transaction to close in second half of 2016 as previously announced.  Full Article

Counterpath Q4 net loss of $0.22 per share
Thursday, 14 Jul 2016 08:15am EDT 

Counterpath Corp Qtrly Non : Counterpath reports fourth quarter and fiscal 2016 financial results . Quarterly revenue of $3.0 million, compared to revenue of $2.7 million for q3 of fiscal 2016 . Qtrly net loss of $1.0 million, or $0.22 per share .Gaap net loss of $0.8 million, or $0.18 per share.  Full Article

Manalto signs distribution agreement with Ingram Micro Inc
Tuesday, 7 Jun 2016 06:51pm EDT 

Manalto Ltd : Says Manalto Ltd has signed a strategic distribution agreement with Ingram Micro Inc and certain affiliates .  Full Article

Ingram Micro Inc enters into agreement to be acquired by Tianjin Tianhai
Wednesday, 17 Feb 2016 04:23pm EST 

Ingram Micro Inc:Enters into agreement to be acquired by Tianjin Tianhai to become a part of hna group.Transaction valued at approximately $6.0 billion.Deal is all-cash transaction with an equity value of approximately $6.0 billion.Transaction valued at approximately $38.90 per share.Says transaction has been unanimously approved by both Ingram micro's and Tianjin tianhai's boards of directors.Ingram micro's executive management team will remain in place, with alain monié continuing to lead as CEO.Following close of transaction Ingram Micro will operate as a subsidiary of Tianjin Tianhai consolidated under hna group.In conjunction with announcement, Ingram Micro is suspending its quarterly dividend payment and its share repurchase program.Morgan Stanley & co. llc acted as financial advisor to Ingram Micro.  Full Article

Ingram Micro Inc completes acquisition of Odin Service Automation Platform and Associated Technologies
Monday, 21 Dec 2015 04:03pm EST 

Ingram Micro Inc:Has completed the acquisition of certain assets from Parallels Holdings Ltd., including the Odin Service Automation platform, associated cloud management technologies, intellectual property and the Odin brand.  Full Article

Ingram Micro Solidifies Leadership Position in the Cloud With Acquisition of Odin Service Automation Platform
Wednesday, 2 Dec 2015 06:59am EST 

Ingram Micro Inc :Solidifies leadership position in the cloud with acquisition of odin service automation platform.Transaction is not expected to materially impact Ingram micro's 2016 financial results.To buy parallels odin service automation platform along with associated cloud management technologies, intellectual property, odin brand.Approximately 500 odin employees are expected to join Ingram Micro.Says parallels will maintain ownership of its two other major service provider business units plesk and virtuozzo.  Full Article

Teo Technologies announces distribution agreement with Ingram Micro
Tuesday, 10 Nov 2015 08:55am EST 

Teo Technologies:Announces distribution agreement with Ingram Micro.Under U.S. agreement, Ingram Micro serves as a certified distribution partner for Teo's Premise, Cloud and Hybrid technology and will help expand the vendor's reach within the IT channel community and across key verticals.  Full Article

Ingram Micro Inc expands distribution agreement with Acronis(R)
Monday, 9 Nov 2015 08:30am EST 

Ingram Micro Inc:Says has expanded its distribution agreement with Acronis.Says expanded relationship has extended the reach and availability of Acronis' cloud data protection solutions offered via Ingram Micro to nine countries - - Belgium, Canada, France, Germany, Italy, Netherlands, Spain, Sweden, and the United Kingdom.  Full Article

Ingram Micro Inc gives Q4 2015 outlook; revenue outlook below analysts' estimates
Thursday, 29 Oct 2015 04:15pm EDT 

Ingram Micro Inc:Expects Q4 2015 to be between $12.0 billion and $12.6 billion.Says Non-GAAP earnings per diluted share for Q4 2015 are expected to be in the range of $1.00 to $1.07.Q4 2015 revenue of $12.8 bln and EPS of $1.05 - Thomson Reuters I/B/E/S.  Full Article

Ingram Micro Inc to significantly broaden Commerce and fulfillment services footprint in Europe with acquisition of e-Commerce activities of Docdata
Tuesday, 13 Oct 2015 05:44pm EDT 

Ingram Micro Inc :To significantly broaden Commerce and fulfillment services footprint in Europe with acquisition of e-Commerce activities of Docdata.Ingram Micro will acquire DOCdata Nederland B.V. and DOCdata International B.V. (Docdata),, e-commerce fulfillment business of publically-traded, Netherlands-based, DOCDATA N.V. for about $175 million.Docdata will operate as a wholly owned subsidiary of Ingram Micro.Docdata CEO Michiel Alting von Geusau will continue to lead the company, reporting directly to Ken Beyer, Ingram Micro executive vice president commerce and fulfillment solutions.In addition to customary regulatory and other closing conditions, transaction requires approval of majority of outstanding shares at special meeting of DOCDATA N.V. shareholders, which is expected to take place toward the end of 2015 fourth quarter.  Full Article

BRIEF-Ingram Micro, Tianjin Tianhai Elect say deal on track to close in second half of 2016

* Ingram Micro and Tianjin Tianhai Elect to submit joint notification to committee on foreign investment in the United States; acquisition of Ingram Micro remains on track to close in second half of 2016