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With the merger of Tech Data and Synnex, TD Synnex becomes the largest IT distributor having a combined revenue of $59.8 billion, which surpasses Ingram Micro, whose 2020 revenue was $49.1 billion. [6] [7] On January 9, 2024, TD Synnex reported the results for 2023 fourth-quarter and full-year results reaching $57 billion in revenue. [8]
Ingram Micro's origins trace back to the founding of distributor Micro D, Inc. in July 1979 by husband and wife team, Geza Czige and Lorraine Mecca, who were both teachers. The company started in Southern California and in its first year of business achieved approximately $3.5 million in sales.
Tech Data is now one of the world's largest distributors of IT products and services, generating $37.7 billion in net sales for the fiscal year ended January 31, 2017. [3] The company ranked No. 83 on the 2018 Fortune 500 [ 4 ] and one of Fortune's "World's Most Admired Companies."
Here's the current margin snapshot for Ingram Micro over the trailing 12 months: Gross margin is 5.3%, while operating margin is 1.4% and net margin is 0.9%. Unfortunately, a look at the most ...
Ingram and its private-equity owner Platinum Equity together sold 18.6 million shares in the IPO to raise $409.2 million. Platinum Equity's Ingram Micro valued at $6 billion as shares jump 15% in ...
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BrightPoint's services include distribution, channel development, product customization, E-Business, and other outsourced services. [5] In 2012, BrightPoint was listed at #463 in the annual Fortune 500 rankings. During July 2012 BrightPoint was acquired by Ingram Micro for $650 million.
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