Ingram Micro (NYSE:IM) has inked a deal with SugarCRM.

Ingram Micro To Distribute SugarCRM

Ingram Micro (NYSE:IM), the world’s largest IT distributor, announced that it has signed a new channel distribution agreement with SugarCRM.

Through this agreement Ingram Micro (NYSE:IM)’s Advanced Computing Division channel partners can sell and distribute SugarCRM’s flagship product, Sugar 6.5, in North America.

Jason Hernandez, director, Advanced Computing Division, Ingram Micro U.S for Ingram Micro, said that, “Ingram Micro (NYSE:IM) is delighted to welcome SugarCRM as a new vendor partner. The SugarCRM portfolio will provide our channel community with highly customizable offerings that can easily scale to meet the needs of a variety of customers”.

Ingram Micro (NYSE:IM) stocks were at 19.32 at the end of the last day’s trading. There’s been a -1.2% change in the stock price over the past 3 months.

Ingram Micro (NYSE:IM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.43
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.44
Zack’s Rank: 1 out of 5 in the industry