Tuesday, October 16, 2012
Ingram Micro Completes BrightPoint Buy
Santa Ana-based Ingram Micro said Monday that it has acquired BrightPoint, a distributor of products for the wireless market. Ingram said it is paying $9.00 per share in cash for BrightPoint. The deal is worth approximately $840M. The deal had originally been announced in July. Ingram Micro said the combined revenues of the two firms is now more than $41 billion.