Ingram Micro is a distributor of Information Technology products. The company has ranked 64th in the 2016 Fortune 500. In December 2016, the HNA Group acquired Ingram Micro in an all-cash transaction with an equity value of approximately $6 billion. The strategic reason for the transaction was to reach “business opportunities in emerging markets, which have higher growth rates and better profitability.” HNA Group’s logistics and its presence in China was intended to help Ingram’s growth for delivering global technology and supply chain services to support cloud aggregation, data center management, logistics, technology distribution, mobility device life-cycle and training. The revenue recorded for FY 2017 was Rs.22,770 cr.
Ingram Micro is the world’s largest technology distributor, with operations in 160 countries and inventory from 1400 technology manufacturers and leading PC suppliers with approximately 200,000 customer worldwide, including retailers and IT resellers for providing sales, marketing and logistics services for the IT industry worldwide. Ingram Micro is also a service powerhouse delivering logistics and supply chain management services to increase value and drive efficiency for companies at all levels of the IT supply chain. Vendors include Apple, Cisco, Dell, HP, HTC, IBM, Intel, Juniper, Lenovo, Microsoft, Samsung, Symantec, VM Ware and Western Digital.