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Ingram Micro Buys Mobility Lifecycle Company BrightPoint

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http://www.thevarguy.com – Distribution behemoth Ingram Micro (NYSE: IM) has announced its intention to acquire wireless device lifecycle services management provider BrightPoint, giving Ingram Micro added capabilities to its mobility portfolio. Under the terms of the deal, Ingram Micro is paying $9 per share for BrightPoint, totaling about $840 million. BrightPoint provides end-to-end supply chain and customization solutions to manufacturers, retailers and carriers in the wireless device industry, and the addition of its services will give Ingram Micro a leg-up in the mobility space. “BrightPoint’s offering (IT news)