The Chinese / Ingram Micro Deal Has A Significant Chance of Being Killed

Author: John Honovich, Published on Jul 18, 2016

A Chinese airline / shipping company buying a Western IT distributor? Sounds like a bad deal.

Nonetheless, earlier this year, Ingram negotiated a $6 billion all cash deal from the Chinese.

But now it is is trouble and, according to a China economic expert, has less than a 50% chance of closing. Inside, we provide detailed analysis of what is happening.

* ******* ******* / ******** ******* ****** * ******* ** distributor? ****** **** * *** ****.

***********, ******* **** ****,****** ********** * $* ******* *** **** **** **** *** Chinese.

*** *** ** ** ** ******* ***, ********* ** * China ******** ******, *** **** **** * **% ****** ** closing. ******, ** ******* ******** ******** ** **** ** *********.

[***************]

Report ***

*** ***********:

*** ******** ***** ******** ***** *** **** ******* ***** ******* Tianhai ********** **. ***’* ******* $* ******* *********** ******** ********., ******* *** ******* ***** ** ***** * *********** ******* to ******* *** ****.

**************

* ***** ******** ****** ********** *** **** ******** ***** ** more **** * **% ****** *** **** **** ** ******, based **** ******** ** *** ***** ***** **** *** *** capital ********. ****** *** ****, ***** ********** ***** ** ********** conformity, ******* ********** **** ******** *** ***** ** **** ***** if **** ***** *** ********** ** ** ****, ********* ** this ******. *** **** ** *** ******** ********** ******* *****:

Increasing ***** ***** ******

********* ********, ******* *********** **** ********* * **** ***** ****** of ******* ************ ***** ***** *********** ** ******* ********* ****** foreign ************.** ** *** *****, ** ** ******** **** **** *** Shanghai ******** ***** *********** *****.

*******, ***** *** ***** ** *** ****, ** ********** ****** of ***** **** **** ****** ****** ****** ******* *** ***** an ********* ** ** **** ***** ****** **** **** **** able ** ** *********.*** *** ***** $** ******* *** ** $*** ******* ** announced ***** **** **** ****** *** ****** ********** ** ********* reasons.* ******* **** ****** **** **** ************* ****** ***** *** volume ** ***** **** *** ********* ********* *** **** ** we ******** ***** **** **** ****** ****** **** **** **** able ** ******** * ******** *********.*** ********, ****** ****** *** ******** ******** **** **** **** before **** ******* ** * ******* *** *** ********* ** regulatory ******.** *****, **** *** ******* ****** **** **** ********* **** since *** ***** ** *** ****.

***** / ************* ******* ******* **********

******* ********** *** **** **** ********* **** ****** ** ***** and ******* ****** ** ***** ********* ******** *** ****** ** the ******* ** ***** ** *********.* ********** ****** **** ** **** **** *** *** ***** a ******** ** ***** ** *** ***** *** **** ***** as **** ** *** ******** **** ** *** ******** ********.******* ********** ***** ****** ** ***** ****** *** * *** on ****** ** *****, *************, *** **** ******.

******'***** ****** ********* ******* **** ****, **** ******* **** **% *** *******, ******* **** ***, now **** ****** ** *******. **** **** ******* ******** / negative ********* ** *** ****.

***** ******* ******* ********

*** ******* ******* ** ******* ********** ** ****** **** ****** and ******* ********.**** *** ********** ** ********** *** * ***** ******** ***** capital ******** ** *** ****** *******.***** *** *** ****** ** ******* ***** *** ******* ********** are **** ******* **** ******** ***** *** ***** ****** ****** of ** ************.*******, ******* ********** ********** ***** ****** ***** *** ********** **** leveraged *** **** **** *** ****** ** ******** ***** **** debt ******.**** *** ****** ****** **** *** ******* ********** *** ******* at.

**** **** ******

***** *** *** ******* * ***** *** ***** ** ******** at ***** **/** ****** *** **** **** ** ******.** **** ** ******* ***** ****** ***** **** **** **** this, *** **** ** ****** **** ** *** **** **** light ****** *** * **** **** ** ***** ***** **** a *********** *********** ** **** ****** ** *** **** ***** killed.

** *** **** **** *** ******, *** ******* ******* *** have ** *** $*** ******* ** * ******* ***. ***** this ** * *********** ***, *** ******* *** ********** * premium ** ~$*.* ******* ** ******'* **** ***** *****. ** may ********* ** ****** ** ***** $*** ******* ** *** out ** * **** **** * ******* **** *** **** well ** ***** * ******* ******* **** **** **** ****** to ***. * ******* *********.

Comments (0)

Login to read this IPVM report.
Why do I need to log in?
IPVM conducts unique testing and research funded by member's payments enabling us to offer the most independent, accurate and in-depth information.

Related Reports

The 'Last Chance to Save' On Hikvision Is Here on Sep 29, 2016
It is over. After at least 8 across the board price cuts in the past 10 months, including an unprecedented back to back 20% off, Hikvision has...
Hiring Spree At Aimetis 6 Months After Being Acquired on Sep 28, 2016
Aimetis was acquired in April 2016, and is now expanding almost all of their departments, hiring employees from Axis and other industry...
Hikvision Chairman Tours With Chinese Government Boss on Sep 28, 2016
Two China Communist senior officials toured Europe this summer, one was Hikvision's Chairman and the other was his boss, SASAC Director. In this...
Ambarella CEO Admits H.265 and 4K Not Popular on Sep 26, 2016
Ambarella is the main chip provider for high-end surveillance cameras driving higher resolution and new CODECs. While Ambarella has been pushing...
Times Investigates Hikvision's Chinese Government Control on Sep 16, 2016
The Times of UK, founded in 1785 with 1.6 million daily readers, has published a 2 part investigation into Hikvision's government...
Dahua: "We're Not Owned By The Chinese Government" on Sep 15, 2016
Discover the Dahua Difference. This was Dahua's theme for ASIS 2016. They were quite clear with their response to our question:  How is...
Milesight - A Chinese "End To End" Solution Examined on Sep 01, 2016
Where most Chinese manufacturers have focused on their camera hardware, one is attempting to be the Avigilon of China. We spoke with the President...
US Embassy Requires Hikvision Cameras on Aug 29, 2016
The US Embassy in Kabul Afghanistan has required only Hikvision cameras in a new US federal government bid. However: Hikvision was founded...
Hikvision Chinese Government Origin on Aug 29, 2016
Hikvision originated from a Chinese government research institute. This is uncommon in the West but frequent in China. Hikvision was founded...
1 New Acquisition Per Year Planned for Qognify (Former Nice Security) on Aug 23, 2016
Want to be acquired? Qognify, the former Nice Security Group, has big money behind it and the plans for multiple acquisitions. In this note, we...

Most Recent Industry Reports

Dahua USA CEO Tim Wang, Where Is Your Integrity? on Sep 29, 2016
Dahua USA CEO Tim Wang and Dahua Director of Marketing Tim Shen shared their IPVM passwords extensively, resulting in Dahua USA CEO's account...
Allegion NDE Wireless Lock Examined on Sep 29, 2016
While wireless locks are one of the hottest areas of access control, two of its biggest challenges are high cost and limited integration with...
The 'Last Chance to Save' On Hikvision Is Here on Sep 29, 2016
It is over. After at least 8 across the board price cuts in the past 10 months, including an unprecedented back to back 20% off, Hikvision has...
Camera Calculator Class and IPVM Member Orientation October 2016 on Sep 28, 2016
Members, learn how to better design video surveillance systems and get the most out of your IPVM memberships with 2 upcoming live classes. Both...
Axis 4MP Camera Tested (M3046-V) on Sep 28, 2016
Axis has brought 4MP to its camera line in the new M3046-V, the highest resolution model in their revamped M30 series. We bought and tested this...
Hiring Spree At Aimetis 6 Months After Being Acquired on Sep 28, 2016
Aimetis was acquired in April 2016, and is now expanding almost all of their departments, hiring employees from Axis and other industry...
Hikvision Chairman Tours With Chinese Government Boss on Sep 28, 2016
Two China Communist senior officials toured Europe this summer, one was Hikvision's Chairman and the other was his boss, SASAC Director. In this...
Camio Natural Language Processing Tested on Sep 27, 2016
The ex-Googler led team from Camio has advanced its video monitoring offering to include natural language processing. Camio ingests video,...
Access Door Controller Configuration Guide on Sep 27, 2016
Properly configuring access control door controllers is key to a professional system. These devices have fundamental settings that must be...
Hacked Dahua Cameras Drive Massive Cyber Attack on Sep 27, 2016
Cyber attacks are accelerating and IP cameras are behind many of them. Worse, last week, a 'massive' attack was carried out using numerous Dahua...

The world's leading video surveillance information source, IPVM provides the best reporting, testing and training for 10,000+ members globally. Dedicated to independent and objective information, we uniquely refuse any and all advertisements, sponsorship and consulting from manufacturers.

About | FAQ | Contact