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.”