Business Services Industry

INGRAM MICRO COMPLETES ACQUISITION OF TECH PACIFIC.

AsiaPulse News, November, 2004

(Full text of a statement. Contact details below)

SANTA ANA, Calif., Nov. 16 /PRNewswire-AsiaNet/ -- Ingram Micro Inc. (NYSE: IM) today announced the completion of its acquisition of Tech Pacific, creating Asia-Pacific's largest technology distributor with operations in nine countries and a portfolio of products and services unparalleled in the region.

"With this acquisition, Ingram Micro's presence in the growing Asia-Pacific region has strengthened significantly," said Kent Foster, chairman and chief executive officer, Ingram Micro Inc. "We now have a profitable, powerful engine in a growing part of the world -- complementing our strong operations in North America, Europe and Latin America -- while enhancing our role as the only global IT distributor."...

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