Ingram Micro
Owners:
Platinum Equity
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+ Ingram Micro |
Ingram Micro is a wholesale provider of information technology, IT services and full-cycle solutions, as well as mobile devices. As a link in the IT value chain, Ingram Micro provides sales and revenue growth opportunities for vendors and resellers through marketing programs, outsourcing logistics and mobile services, technical support, financial services, and product aggregation and distribution services.
Business in Russia
2019: Revenue decline by 8% to RUB 1.35 bn
At the end of 2019, Ingram Micro (Im Engineering Services LLC) took 49th place in the TAdviser Ranking: the 50 most profitable representative offices of foreign IT companies in Russia. The company's revenue in 2019 amounted to 1,350,390 thousand rubles, which is 8% lower than in 2018.
2018: Revenue - RUB 1.46 billion
Ingram Micro (Im Engineering Services LLC) revenue in 2018 amounted to 1,468,239 thousand rubles.
History
2025
Hacker attack on the company's servers. 3.5TB of data stolen
At the end of July 2025, the SafePay ransomware group announced the hacking of the servers of the largest American IT distributor Ingram Micro. Cybercriminals stole about 3.5 TB of corporate information, which is threatened to be made public on the Internet if the ransom is not paid.
Ingram Micro initially reported an information security incident on July 5, 2025. Then it was said that the company discovered malware with ransomware functions on some of its internal systems. Because of this, it was necessary to disable certain IT services. Ingram Micro launched an investigation involving third-party cybersecurity experts and notified law enforcement agencies of the hack. Immediately after the cyber attack, Ingram Micro transferred some of the employees to remote operation. Due to the invasion, the order processing system suffered.
According to BleepingComputer, the SafePay group has been active since September 2024. She has since listed more than 260 victims on her leak site. However, the actual number of organizations affected may be substantially larger, as the list only lists those companies that have not agreed to pay the ransom. In the attacks, SafePay cybercriminals steal sensitive data and then encrypt victims' systems and threaten to publish the stolen information on the dark web if the money is not transferred.
The appearance of Ingram Micro in the SafePay list suggests that the company did not agree to the demands of the attackers and did not pay the ransom. BleepingComputer notes that Ingram Micro is working to restore VPN access for employees, and has also reset passwords and multifactor authentication (MFA) at the company-wide level.[1]
Server shutdown due to ransomware virus attack
Ingram Micro, one of the world's largest IT distributors, was attacked by a ransomware program that led to a multi-day information system crash. The cyber incident has disrupted customer support services and partners around the world. This was reported in the company on July 8, 2025.
According to TechCrunch, the problems began on July 3, 2025 and affected the main platforms and business processes of the distributor. The attack interrupted the processing and dispatch of orders, which created serious difficulties for the company's partners and customers.
Behind the cyber attack is the SafePay criminal ransomware group, which could use Palo Alto Networks' GlobalProtect VPN solution to penetrate the company's network. Attackers gained access to the distributor's critical systems.
To minimize damage, Ingram Micro management has shut down some systems in advance and is working to restore the infrastructure. The company has brought in leading information security experts to investigate the incident.
Ingram Micro regularly publishes updates on recovery progress on a dedicated portal and sends them to customers by email. The company sorts customer applications according to the degree of urgency and offers workarounds for solving problems.
Counterpoint Research experts called IT shutdown one of the most serious consequences of the attack, which actually isolated Ingram Micro from suppliers and customers. The incident led to significant delays in the processing of orders and a potential leak of important information about customers.
Greyhound Research experts emphasize the impact of what happened on corporate buyers, including uncertainty in the timing of the provision of equipment. Hardware manufacturers are losing their understanding of demand, resellers are violating service agreements.
Corporate procurement departments face difficulties in accounting for capital expenditures due to distributor disruptions. Cyber incident can have the greatest impact on areas with centralized procurement - the public sector, telecommunications and large retail chains.[2]
2023: Alexander Govor bought "Im Engineering Services" from Ingram Micro
In mid-September 2023, it became known that the owner of the Vkusno - and Point cafe chain, Alexander Govor, acquired 100% of the Moscow company Im Engineering Services LLC, which specializes in developing computer software. Information about the change of ownership of the IT company is contained in the Unified State Register of Legal Entities (Unified State Register of Legal Entities). Read more here.
2020
Platinum Equity bought Ingram Micro
On December 9, 2020, it became known about the sale of Ingram Micro for $7.2 billion. The IT distributor is bought by the American investment company Platinum Equity from the Chinese HNA Group. The deal is scheduled to close in the first half of 2020.
As Bloomberg notes, for HNA, which is actually controlled by the government of the Chinese province of Hainan, the sale of Ingram Micro was the largest deal concluded as part of a campaign to reduce the debt burden, which began three years earlier and led to the sale of assets worth tens of billions of dollars. In May 2020, HNA admitted that it had overdue a payment of $750 million on a $4 billion loan taken for the purchase of Ingram.
After the change of ownership of Ingram Micro, Alain Monie will remain the head of the company. Its headquarters will continue to be located in Irvine, California, USA.
After the announcement of the deal, shares of HNA Technology (IT-subsidiary of HNA Group, which formally owned Ingram Micro) rose 7% on the Shanghai stock exchange. This rise in quotations was the largest since September 2020. Since the beginning of the year, the value of HNA Technology securities has increased by 9%.
 | Joining Platinum provides an opportunity to further strengthen our competitive advantage in the cloud, accelerate our digital transformation and expand our portfolio of solutions and services, especially in high-yield markets. We will also be able to expand our geographic reach faster, while penetrating new industries and verticals. We will maintain a strong balance sheet and gain additional flexibility and resources to achieve our long-term strategic goals, "said Alain Moni. |  |
By December 2020, Platinum Equity is managing $23 billion in assets. The purchase of Ingram Micro will be one of the largest transactions in the history of the investment company.[3]
Apple fined 1.1 billion euros for price collusion with distributors
According to authorities, France several Apple conspired with IT distributors Tech Data and Ingram Micro. Those were also fined 76.1 and 62.9 million euros. More. here
2018: Preparation for sale
In late December 2018, Chinese conglomerate HNA Group confirmed information about negotiations over the sale of IT distributor Ingram Micro. The latter can change the owner for the second time in two years.
| | Due to changes in market conditions and strategy, the company is negotiating with the interested party to sell Ingram Micro, HNA Technology (a subsidiary of HNA Group specializing in information technology) said in a statement transferred to the Shanghai Stock Exchange in response to rumors. | |
In December 2018, Reuters reported that HNA Group was discussing the possibility of selling Ingram Micro to private equity firm Apollo Global Management. The Wall Street Journal (WSJ) is also aware of these negotiations, and sources say that we can talk about a deal worth $7.5 billion, which includes Ingram Micro debts in the amount of $1.5 billion.
In September 2018, HNA Technology announced the existence of an outstanding debt of $3.55 billion after the purchase of Ingram Micro in 2016. About $350 million of debt was repaid in 2018.
In May 2018, CRN asked Ingram Micro CEO Alain Monie about the possibility of selling the company and received an answer that no negotiations had ever been held on this issue.
| | We have a volume of business and a global presence that they [HNA] have a strong interest in. Our structure involves very independent work from HNA. We have what we call asset protection. This allows us to continue our development without paying attention to all these political moments, "Moni said at the time. | |
Later in May, the HNA Group confirmed to Reuters that it was not planned to sell Ingram Micro, since the corporation sees the prospects for strong growth in the IT distributor.[4]
2016
Sale of the company to the Chinese for $6 billion
On February 17, 2016, Chinese conglomerate HNA Group announced the purchase of Ingram Micro for about $6 billion. Before the sale of the American IT distributor, he managed to buy a number of assets of Russian IT companies.
According to The Wall Street Journal, Tianjin Tianhai Investment, part of HNA, will pay $38.9 per share for Ingram Micro, which is 39% more than the average value of Ingram Micro securities in the previous 30 days. After the announcement of the sale of Ingram Micro, the company's shares rose by 23.6% to $36.65 during electronic trading after the exchange closed on February 17, 2016.[5]
As part of the Ingram Micro sale process that has begun, the company is ending its quarterly dividend and share buyback program. After the deal is concluded, the distributor management will remain in place, and the headquarters will continue to be located in Irvine (California, USA).
Ingram Micro CEO Alan Monié says that through this deal, his company will be able to accelerate investment in the technology industry, as well as gain "additional logistics opportunities and a strong presence in China."
All formalities regarding the sale of Ingram Micro are planned to be completed in the second half of 2016. If the deal is not approved by the US Foreign Investment Committee (CFIUS), Tianjin Tianhai will pay Ingram Micro $400 million in compensation. It is worth noting that earlier CFIUS blocked a number of transactions to sell American companies to Chinese for national security reasons.
According to analyst Keith Housum from Northcoast Research, in the case of Ingram Micro, there are unlikely to be concerns for the country's security, since this company is only a supplier of equipment, and most of its products are not intended for customers who require a high level of security.
The sale of Ingram Micro to the Chinese was preceded by the purchase of the business of the Russian IT distributor RRC Group in Eastern (To Europe February 2016) and the Odin Service Automation division (December 2015; was responsible for solutions for, data centers telecommunication companies and hosting providers) at the Russian developer. ON Parallels
Ingram Micro buys RRC's European business
In February 2016, Ingram Micro announced the acquisition of a division of one of the distributors of the RRC Group in Central and Eastern Europe (CEE). The Warsaw-headquartered division of RRC Group in CEE provides a range of services including logistics, training and technical and marketing support. The company's portfolio includes world-class partner solutions, including Cisco, IBM, EMC, Zebra and Avaya, focused on network technology, security, and IT infrastructure.
It is expected that the acquisition of the RRC division, which operates in Poland, Hungary, Serbia, Romania, the Czech Republic, Croatia, Slovenia, Macedonia and Albania, will contribute to the strengthening of Ingram Micro's presence in the region, and may also increase the company's revenue by more than $250 million per year.
The management of the RRC Central and Eastern Europe division will join the Ingram Micro team after the transaction in order to promote business integration in the future. The merger of the RRC and Ingram Micro divisions is scheduled to be completed in the first half of 2016.
2014: Revenue - $46.5 billion
In 2014, Ingram Micro's revenue amounted to $46.5 billion, net profit - $266.7 million.
Notes
- ↑ SafePay ransomware threatens to leak 3.5TB of Ingram Micro data
- ↑ Ingram Micro says ongoing outage caused by ransomware attack
- ↑ Platinum Equity Nears $7 Billion Deal for HNA’s Ingram Micro
- ↑ HNA Technology says in preliminary talks to sell Ingram Micro
- ↑ Ingram Micro to Become Part of China’s HNA Group in $6 Billion Deal
Stock price dynamics
| Ticker company on the exchange: | NYSE:IM |
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