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Stock Market & Financial Investment News

News Breaks
February 10, 2014
06:10 EDTIMIngram Micro upgraded to Buy from Hold at Brean Capital
Brean Capital upgraded Ingram Micro with a $31 price target citing a stabilizing demand environment and the company's focus on restoring profitability in key regions.
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June 22, 2015
16:05 EDTIMIngram Micro acquires CANAI Group, Clarity Technology, terms not disclosed
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June 15, 2015
16:41 EDTIMIngram Micro announces that it completed acquisition of Arabian Applied assets
Ingram Micro announced that it substantially completed the acquisition of the business assets of Arabian Applied Technology, a technology distributor in Saudi Arabia. The business will operate as Aptec Saudi Arabia and is a part of Ingram Micro's META region led by Dr. Ali Baghdadi, President of Ingram Micro in META. The Saudi Arabia operation is expected to contribute annual revenue of approximately $200M and be modestly accretive to Ingram Micro's earnings in 2015.

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