Using the capabilities of the acquired company BrightPoint,
) has launched a new business unit, Ingram Micro Mobility, at the
recently held Mobile World Congress in Barcelona,
The new unit combines Ingram Micro's existing mobile group
with BrightPoint, a device lifecycle services provider, which had
been acquired by the company last year. The combined capabilities
and reach of the two companies will strengthen Ingram Micro's
position as a provider of technology and mobility services to
companies across the globe.
The BrightPoint acquisition is already adding to Ingram
Micro's performance. It enabled the company to win a distribution
agreement from GLOBO, a technology service provider. GLOBO has
come up with a technology innovation and delivery agreement
comprising Enterprise Mobility Management software and Telecom
software products and solutions for which IM will have a sole
Ingram Micro's mobility division has also signed an IT
supply-chain agreement with
ACN Digital Phone Service, LLC.
). As per this contract, the company will forward and reverse
logistics services for mobile virtual network operators (MVNO) in
Thus, the acquisition has turned out to be beneficial for IM,
as it is resulting in more and more deal wins for the company.
Moreover, BrightPoint's tie-ups with companies like
Research In Motion Ltd.
), HTC Corp. and
) will help IM in the long run. It has also been winning deals
from the likes of
MetroPCS Communications Inc.
Sprint Nextel Corp.
), which will continue to benefit the company in the days to
This apart, the company has been instrumental in integrating
BrightPoint quickly. Expected cost synergies and sizable
contributions going forward could make BrightPoint a key driver
of its growth.
Although Ingram Micro looks in pretty good shape, BrightPoint
has a few negatives in the form of some lost customers and a high
debt burden. The combined company is however doing well.
We have a Zacks Rank #2 (Buy) on Ingram Micro shares.
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