Ingram Micro moves in on Asia Pacific market
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Technology distributor Ingram Micro has announced that it has signed an agreement to purchase Australian based company Tech Pacific for AU$700 million, in a move designed to strengthen its Asia Pacific presence.
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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. (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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Gold was steady at above $400 in Asia  on Tuesday on Japanese buying, but other precious metals were  volatile ahead of the release of more U.S. data, dealers said.
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SHANGHAI/HONG KONG  - The Nasdaq Stock Market  has appointed new management in Asia, seeking to boost listings by companies in China and elsewhere in the region.
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Dell Inc. , the world's  second-largest computer maker, said on Thursday it will soon  start selling its laptops and desktops at Asian retail chains  and stores.
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Search giant will also expand this week into key markets in Asia, Canada and Europe.
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Dell Inc. , the world&#39;s  second-largest computer maker, said on Thursday it will soon  start selling its laptops and desktops at Asian retail chains  and stores.
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FOR the past two years, Asian stock markets have been high on the favoured list for Britainâs pension and life assurance funds. Asia, particularly China, has offered the double attraction of strong current
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THE PC market in Asia is looking positive this year on the back of strong results in the fourth quarter of 2006.
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Dell Inc. expects shipments of personal computers, notebooks and servers in Asia, excluding China, Japan and South Korea, to grow almost 20 percent in 2007.
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Cheer up, it may never happen A senior Ingram Micro Europe exec has said that the channel is paying too much attention to fears of an economic downturn.â¦
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Distribution giant Ingram Micro Inc has acquired Australia&#39;s largest IT distributor Tech Pacific in a $700 million (US$493 million) cash deal.
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Ziff Davis - Despite significant RFID adoption from the biggest companies, IBM is turning its attention to the midmarket.
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AUSTRALIA and India have remained the stand out markets for PC growth in the Asia Pacific region, growing 30 and 19 per cent respectively in the third quarter, according to new research.
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Southeast Asia&#39;s stock markets were among the world&#39;s best performers as the fourth quarter began. Christopher Wood, the top Asia strategist in Institutional Investor&#39;s fund-manager survey last year, is betting the gains are just starting.