Ingram Micro (NYSE:IM) has been selected as a Value Added Distributor (VAD) for virtualization and Express Data from Microsoft.
Ingram Micro Signs New Microsoft Deal
Santa Ana, California based Fortune 100 company and the world’s largest information technology IT distributor, providing sales, marketing and logistics services, Ingram Micro (NYSE:IM), has been reportedly selected by Microsoft as their Value Added Distributor (VAD) for virtualization and Express Data in New Zealand.
Ingram Micro (NYSE:IM) general manager for Vendor Management and Marketing, Scott Cowen, said, “The key is for distributors to increase the amount of resources and technical capabilities. We increased those.”
Ingram Micro (NYSE:IM) shares were at 19.52 at the end of the last day’s trading. There’s been a 6.3% change in the stock price over the past 3 months.

Ingram Micro (NYSE:IM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.5
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.4
Zack’s Rank: 2 out of 5 in the industry
