Technology wholesale distributor Ingram Micro Inc. on July 3 said it had completed its purchase of French cybersecurity company Abbakan, as part of the Irvine-based company’s further expansion into Europe, the Middle East, and Africa.
The acquisition of value-added distributor Abbakan extends Ingram Micro’s network of system integrators and telecommunications companies across France.
Terms of the deal were undisclosed.
Sophie Deleval, chief executive for Ingram Micro France, said when the deal was announced that “this acquisition cements the transformation we initiated two years ago to strengthen our ability to support our partners in developing their business and stay relevant and sustainable.”
Abbakan provides cybersecurity solutions through a network of partners across France from its headquarters in Paris and offices in Lille, Lyon, Toulouse and several other locations.
Abbakan’s existing customers will now also have access to Ingram Micro’s wider portfolio of cybersecurity offerings and network of experts.
Ingram Micro Senior Vice President Ali Baghdadi said, “This strategic acquisition provides us with the opportunity to further enhance our value-added capabilities, while expanding our cybersecurity footprint across France and the rest of EMEA.”
$50B in 2018 Sales
Abbakan will retain its current management and team as part of the expanded Ingram Micro operations in France.
Management teams from both companies have started working together on services to customers and partners across France.
Ingram Micro ships software and other tech products to a network of nearly 300,000 resellers. Ingram is the world’s largest wholesale distributor of computer and technology products.
The company has an extensive sales and distribution network throughout North America, Europe, the Middle East, Africa, Latin America and Asia Pacific, with local sales and/or representatives in 52 countries.
Ingram says on its website it represents more than 1,700 suppliers including Acer, Apple, IBM, Microsoft, Samsung and others, while serving more than 200,000 customers in approximately 160 countries.
Ingram Micro has long been Orange County’s largest company by revenue; it reported more than $50 billion in sales last year.
Previously publicly traded, it was sold in late 2016 to Tianjin Tianhai Investment Co., a unit of HNA Group.
HNA has been rumored to be shopping Ingram for sale over the past year, with a $7.5 billion figure cited in national news reports.
