Ingram Micro Acquires Computer Distributor
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SANTA ANA — Computer parts and software wholesaler Ingram Micro Inc. completed its acquisition of Intelligent Electronics Inc.’s $3-billion-a-year computer distribution business, the companies said Monday.
The deal was valued at $78 million, with Santa Ana-based Ingram Micro assuming $50 million to $60 million in debt for the Pennsylvania-based company’s Reseller Network division. The Reseller division distributes computers that it configures to customers’ specifications, a market that is growing as computer manufacturers move away from building various configurations themselves.
Ingram Micro is the computer industry’s largest wholesale distributor, with $12 billion in sales.