Ingram Micro to acquire Aptec Holdings, targets MENA growth

Ingram Micro to acquire Aptec Holdings, targets MENA growth
Ingram Maicro has announced it has signed an agreement to acquire certain IT businesses from Dubai-based Aptec Holdings.

There are few details published of the
terms of the acquisition, but Ingram Micro
does expect to gain an additional $250m in
revenue on an annual basis, whilst also providing
the company with a direct presence in
the Middle East.

Alain Monié, president and CEO
of Ingram Micro Inc. commented: “The Middle East
and Africa are robust and growing markets
with total IT spend predicted to reach $80bn by 2015.”