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|Ingram Micro Expands Capabilities in Rapidly Growing Physical Security Solution Market|
Acquires Network Information Technology, a leading provider of
Dubai, United Arab Emirates — April 06, 2017 — Ingram Micro Inc. today announced that it has acquired the business assets of Network Information Technology LLC (NIT), the leading distributor of physical security solutions in MEA (Middle East and Africa) region. NIT’s current management team will operate as a business unit of Ingram Micro META (Middle East, Turkey & Africa), led by managing director Bassel Fakir, who reports to Dr. Ali Baghdadi, senior vice president Ingram Micro and chief executive Ingram Micro, META.
Dr. Baghdadi commented, “With the acquisition of NIT, Ingram Micro gains a well-established foothold as a recognized expert in the physical security market, further expanding our capabilities in the rapidly growing and higher value Middle East and Africa market. NIT customers and vendors will benefit from an even greater breadth of value add services and solutions to help them realize the promise of technology. Our company cultures are well aligned and together we look forward to offering NIT’s high value solutions across META and expanding into new geographies.”
NIT is a specialized value-added distributor of complete IP surveillance and security solutions, combining expertise in solution design with access to technology from best in-class suppliers. Established in 1994, NIT offers a robust physical security solutions portfolio, as well as channel development experience in the enterprise and SMB market, credit facilities, training and other professional services. NIT has an experienced management team, collaborative culture, and long-lasting customer and vendor relationships.
About Ingram Micro Inc.
Ingram Micro helps businesses Realize the Promise of TechnologyTM. It delivers a full spectrum of global technology and supply chain services to businesses around the world. Deep expertise in technology solutions, mobility, cloud, and supply chain solutions enables its business partners to operate efficiently and successfully in the markets they serve. More at www.ingrammicro.com.
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Ingram Micro's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|