Ingram Micro to buy Asia distributor
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Ingram Micro, a worldwide distributor of computer products, will acquire Tech Pacific for $493 million in cash, including debt. Ingram expects the deal to close by the end of 2004 and expects it to be accretive
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Ingram Micro Inc. , the  world's largest computer products distributor, on Thursday  posted a higher quarterly profit, helped by a legal settlement  and a lower tax rate.
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For China, the country&#39;s biggest computer supplier buying out a unit of IBM is more than just a business deal. Lenovo Group&#39;s decision to purchase IBM&#39;s PC group for $1.75 billion could be
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Malaysian budget airline AirAsia will buy 40 A320 aircraft from Airbus at heavily discounted prices in a deal worth about US$1.4 billion (euro1.05 billion) to kickstart its route-expansion plan, sources said Thursday.
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DBL, you're money Ingram Micro is upping its consumer electronics business with the purchase of US distie DBL Distributing Inc.â¦
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In a move the company says significantly strengthens its position in the growing Asia Pacific region, distributor Ingram Micro Inc.
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Global distribution giant Ingram Micro Inc has acquired Tech Pacific in a $700 million cash deal that local Ingram boss Steve Rust said would give the combined entity
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TOKYO - China's Lenovo Group Ltd. signed a definitive agreement on Wednesday to acquire IBM Corp.'s personal computing division. Lenovo will pay US$1.25 billion in cash for the business, which is expected to transform it into the world's number three PC maker, the companies announced.
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BEIJING/SAN FRANCISCO  - China's largest personal  computer maker, Lenovo Group Ltd. 0992.HK, said on Wednesday  it is buying control of IBM's PC-making business for $1.25  billion, capping the U.S. tech giant's gradual withdrawal from  the business it helped pioneer in 1981.
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Google is expanding the usage of its enterprise search solutions by teaming  up with Ingram Micro, one of the world&#8217;s largest technology products distributors. Google and Ingram Micro had sealed an international IT Distribution Agreement that would grant Ingram Micro the right to distribute Goolge Mini and Google Search Appliance. Google Mini is a search [...]
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Ingram Micro Inc. (IM.N: Quote, Profile, Research) , the world&#39;s largest computer products distributor, on Monday said it would acquire Australia-based Tech Pacific for $493 million in cash, including debt.
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Ingram Micro is shelling out $493m cash including assumption of debt for Tech Pacific, an Australian distie. The deal will see Ingram&#39;s Asia Pac operations double in size.
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Just days after two Sony spokespersons flatly told Bloomberg News that no such deal had been reached, Asian press sources are saying today the company has agreed to sell its Kyushu Semiconductor facility - which produces the Cell BE CPU for Sony's PlayStation 3 - to its STI partner Toshiba for about 100 billion yen.
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In a highly anticipated announcement, IBM (Quote, Chart) confirmed late Tuesday it is selling its PC division to China&#39;s Lenovo Group.
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NEW YORK, September 27  - Ingram Micro Inc (IM.NYS) has reached a definitive agreement to buy Tech Pacific, an Australian IT product distributor, for about $493 million in cash, including debt assumptions.
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(InfoWorld) - Dell Inc. is working on plans to sell PCs through retail stores in Asia and Australia, as part of a wider shift within the company away from using only direct sales. Dell will add retail channels for PC sales in India, China, Australia and Japan, said T.R. Reid, a company spokesman. Dell will continue selling PCs directly to customers in these countries, which are the company's most important markets in the Asia-Pacific region. Reid did not say when retail PC sales would start in Asia, but indicated the company is talking to retail partners in the region. "There's really strong interest on the part of potential partners," he said. The addition of retail sales representsÂ a major strategy shift for Dell. The company pioneered the direct sales model during the 1990s, eschewing traditional PC sales channels for the Internet and telephone hotlines to become the world's biggest PC vendor. Until recently, Dell executives repeatedly dismissed the idea that retail sales would help reach customers in countries like China, saying direct sales would suffice. Dell's long-standing aversion to retail sales ended this year with the return of Michael Dell as company CEO in January. In the face of a U.S. Securities and Exchange investigation into the company's finances and sliding sales that toppled the company from its number-one spot, Dell has looked to reverse the company's fortunes. Part of his strategy includes embracing the retail channel, which has proved instrumental in the recent strong performance of rivals such as Acer Inc. and Hewlett-Packard Co. On June 10,Â the first Dell PCs went on sale with Wal-Mart StoresÂ in the U.S. and Puerto Rico. The company is now selling two desktop PC models through Wal-Mart, both of which are priced under US$700, based on plans announced last month. Â ADVERTISEMENTIBM Information On Demand 2006Industrial Industry Leaders, please join us at IBM's premier information management global event, IBM Information On Demand 2006, October 15-20, Anaheim, CA. More IBM business and technical solutions content in one place than ever before! Select from  over 800 sessions. Register today!
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BEIJING - China&#39;s largest personal computer maker, Lenovo Group Ltd, announced on Wednesday that it is buying control of IBM&#39;s PC-making business for US$1.25 billion, capping the US tech giant&#39;s gradual withdrawal from the business it helped pioneer in