Crazy Chinese Company To Buy Ingram Micro For $6 Billion ALL Cash

Author: John Honovich, Published on Feb 17, 2016

We take it back; All the things about Ingram Micro being a bunch of fools. They have totally redeemed themselves.

Faced with an increasingly damaged domestic economy, Chinese companies are loading up on debt and buying Western businesses in a wild gambit for growth.

Cashing Out

Ingram is literally cashing out on this (see their announcement and deal presentation). Not only is the Chinese company paying them $6 billion, it is nearly 40% more than their recent stock price. And Ingram's board and shareholders will have no risk of holding volatile Chinese shares, as the Chinese company is paying them all cash.

The Chinese company is paying $38.90 per share, which is far higher than Ingram's stock price since 1999 during the dot.com bubble. Quite a deal if you can get it.

Chinese Buyer - Aviation

An airline company, HNA, based in Hainan, China's most southern province, is the buyer. HNA boasts:

** **** ** ****; *** *** ****** ***** ****** ********** * ******* *****. **** **** ******* ******** **********.

***** **** ** ************ ******* ******** *******,******* ********* *** ******* ** ** ******* ****** ******* ********** ** * **** ****** *** ******.

Cashing ***

****** ** ********* ******* *** ** **** (*** ***** ************ ******* ************). *** **** ** *** ******* ******* ****** **** $* billion, ** ** ****** **% **** **** ***** ****** ***** price. *** ******'* ***** *** ************ **** **** ** **** of ******* ******** ******* ******, ** *** ******* ******* ** paying **** *** ****.

*** ******* ******* ** ****** $**.** *** *****, ***** ** far****** **** ******'* ***** ***** ***** ********** *** ***.*** ******. ***** * **** ** *** *** *** **.

Chinese ***** - ********

** ******* *******, ***, ***** ** ******, *****'* **** ******** ********, is *** *****. *********:

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

"*** ***** *** * ***** ** **** *** *********, ***** nearly *** ******** *** ************* ******, *** ** **** *** cities, *** **** ****** **.* ******* ********** ********."

**** ** ***'* *** ******** *****, ******* *** ****** ********** HNA's ******** *** ** ******:

**** **** ** ******** ******* **** ** ** **** ** IT ***********? *** *** * **********, ******* *******, **** **** *** ****** ** ********* **** ******** ** ******* logistics, ** **** ********:

"******* ******* *** *** ********* **** * *********** ****** ******** company **** * ****** ******** ******** ******** *** ********, ******** on ********** ** ******** ****** ********, ****** ***** ********** *** management ***** ** ******** *** ********** ** *** ******** ********, as **** ** ********* ******* *** *** ******** ********."

** ******* ****** ***** **** ****** **** ** **** ****** / ******** ************, ******* *****'* **** ****** '*********' ** **** clear ************ ******* **** ****** ***** **** *** *** *** parent *******.

*** *** ****** * ****** ** ************* ********* **** *** past *** *****, **** ******** * ********* *******:

Government Funding *****

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

"******* *******/*** ***** **** **** *** ****** ***** *** *** funds ** **** ********** **** *********. ******* *******/*** ***** *** **** ******* ************* **** * ****** of******* ***** *** ********* ************."

***, *******, ***** *** *** ** *** **********. ** ******, ***** *** ******* ** ** *******, ** too *** *********** ********** *********.

Bubble ****

********* *** ************** ** **** ******* ********* **** ****** ** powerful **** **** *** ***** ** *** ***** ***** ** takeover *** *****. ** ***** ****.

*** ************ ******* *******, *** ***** **** ** ***** ***** market, ********* ******** ** ******* ****** **** *****, ***** ** *** ***********, *** ******* **********'******** ******* ****** / ****, *** * **** ********* ***********.

"Weird ******* *****"

****** **** ************* ***** *** ****** ****** ******'* ***** *******, *** Reuters **** **** **** ** ********** **** ** *** ****: "***’* $* *** ****** *** *** ***** ******* *****." **** ** **** *** ******:

  • "** ****** * ***** ******* * ********* ****." ** ******* ******** falls ******* ******* *** ** ******* (***** **** **** *** the *** ****** **** *** ******), *** ** ******* **** Ingram ***** ********* ***** ** ***** **** ** ***.
  • "************ **** **** *** ******* ******* ** *** ******’* ******** is ******* ******." ** *** ***** ****, ** ** *** as ** ****** ***** *** **** ********** ******* ****** ******.
  • "*** **** ** ***** ********* *******. ** *** ******-***** ***** can ****** *** ** *** ******** ******* *** *****’* ***** into ******** ******* ** **** ***** ****** **** ******* ***********, which ** **** **** **** ** ****** ** **** ***** credit." ******, *** ******* ********** ** **** **** ** ***** of ******** **** ***** *** ******** ***** ** *** ******* by ****** ***** **********. ******* ****** ***** ****, ******* ** be ****.

Too **** ** **** **

***** *** ****'* **** ** ***** *********, *** *** ****** do **? ****** *** ***** ****** *** ******:

"*** ***** ********** **** *** ***** ******* ** ****** ***** shareholders ******** ****-****, ************ ***** ** *** ************ ** * substantial *******"

** ***** *****, *** ***** ******* *** *** **** ** pass **.

*** ***, ****** * ******, *** ******, ********** *** ****** business **** ****** ** * ******* ******* ** *** ***** business.

*** **** **** ****** ****? *** **** ** * **** win *** ****.

Comments (24)

*******'* ********* ****** **...

***, ***...

****** *** ***** ** **** *** *** ****** ***** ******** out ** ******* *********!

**** ** *** ****** ******** ***** ** **** * **** ever **** ** ****!

*** * *** **** ***** ** ******* **** *** *** a **** ****!

***** ***, *****!

"*** * *** **** ***** ** ******* **** *** *** a **** ****!"

***'* **** **** ** ***** ******* ****** ***...

*** ****** *********** ***** **$**.**. *** ***** *****, ***** *********'* ************, ****** *** ** still ~$**. ** **** ** **** *** $* *** ** from ********* ****** **** ******* **** *** **** **** ** through. ** ******, ***** *** ***** ***** ******'* **** *** the ***** / ** ******** ********.

** ** *** ** *** ******, *** ***** ** ******* to ***** **** ***** ***** ****** **** **** *** *** last $* *** *****.

...******* **** *** **** **** ** *******. ** ******, ***** are ***** ***** ******'* **** *** *** ***** / ** politics ********.

******. ******* *******.

*******:***** ***** > ******** *******

**** ?
**** **** ****** ** ******* ******* **** ** *** ****
****?

**, * ** ***** ***** **** **** ** ** *** what ** **** ** ****. *** **********.

**** ** **** ******** ** *** ** ** ********* ******* Wall? ;)

****'* ******* **** **** ******** ****.

*******?

******* ***** **** ** ****** *** ***** **** *********'* *********** expectations *** * ** *** **** **** *** ******* ***** want **** * ****** ************ **** ********* *****.

**** ** ****** **** ****** ** *** *******.

*** ** ****** **** ****** ** *** *******.
**** ** ****** **** ****** ** *** *******.

*** ***** ** ****...;)

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

****** ** * $*** ****** ***** ******* **** * *** international *********. *** **** ******** **** $***. * ***'* ***** the **** ** ******** **** ****** ***** ** ********* ** HNA. **'* ******** *** ******** ********* *** **********. ***** ** makes **** ***** **** ** ******* ** *** *******. **** be *********** ** *** **** **** ******* ****.

********, ****** **** ~$** ******* ** ****** *******. *** ***** it **** ** *** *** ** ******* ******** ******* *** *******, ***** **** **** ******* *****.

*'* ***** **** ** **** *** *** ******** ******* ** going ** **** * ****** ** ****** * **% ******* on ** ** ***********. ****** **** ********, ****** *****!

***** ** ********* *** ******* ** ***** ******* **** *** holding ** *** **** **** ***** *** **** --***.

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

*. *** ******* *** ********** ** **** ****** ** *** US, *** ****** ** ** ** ** *************** ** *** world. *********** ***, *************** **.

*. * ****** *** *** ** ********** ***** **** *********** with ****** ** *** *** & *** ********** ***** *** buying ********. **** **** ****** ****** ***** **** ***** ******** supplier ****? **** ***** ******* *********** ******, ********, **, ****, HP ***.

*******,

#* ** * **** ********. * ****** ****** **** ***** that ***** **** ** *** ******** ******* *** ** *** products **** ****, *** ****** **** **** ****** **** ** should *** ****** ****.

*** * ** *** ****. **** **** ***** ***** ********** ******* *** ******* ******** ********* ** ***** ****, ** ******* **** **** **** * ****** ** ******* to ****** ***** ** ******** ******.

*. *** ******* *** ********** ** **** ****** ** *** US, *** ****** ** ** ** ** *************** ** *** world. *********** ***, *************** **.

+*

** *** ***** ** ** * *** ** ****** *** any ********** ********, *** *** *** ***** *****. *** ****** they **** ***** ** **** *********** ** ****** ***** *** be **** ****** **** ****** * **** ********* *******.

** ***** ******* ** ****** *** **** ************* **** ******, logistics ** ******** **** ************* *********. ********,*** ***** *** ******** ********* **** **** ******** ** ***** into * ***** *** ***.

*** ****** ******* ** **** **** ***.

** *** ******* ******* *** **** ** ******* ******* **** a **** ******* ********/******** *******, *** ** **** *************. **** can ** **** ** ***, ********* ** **** **********.

$$ ***-*****-*** $$

**** * ***** ***** **, *** * *** ************* ** think *** ******** ** ******** **** ****/*** ***** ** *** Chinese ************ **** *** ******** *** ******** *** **. *** instance, ***** **'*... ****** **** ******* *** ***** **?

*** ******** **** "* *** *", ** *****, *** ******** owned ** ********** ** ****.

*** ** ***** *** ****** ***** **** **** ****** *** sickle ** **, **** *** ******* ** ******* **** ******* companies?
*****://**.*********.***/****/************************

*** **** ** *** *** *** **** ***** ** **, no ****** *** ******: *****://**.*********.***/****/*************

******* **************, *** "*** ****** ** *** ***** ******* ******** **** ********* ******** for $*.* ******* ** ****"

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

Hikvision Marketer Caught Spamming, Fails at Coverup, Fired on May 23, 2017
A Hikvision marketing employee was caught by IPCamTalk trying to surreptitiously disparage IPVM and IPCamTalk. This is an outgrowth of Hikvision's...
Cisco: Hikvision Hired Us on May 16, 2017
The day after Hikvision's backdoor was confirmed by the US Department of Homeland Security, Hikvision issued a press release about a...
Dahua Founder Sells $122 Millon Dahua Stock on May 15, 2017
Just a week after his sudden resignation as CEO, Dahua's Founder sold off ~$122 million of Dahua's stock. Inside this note, we examine the stock...
Kedacom Targeting Hikvision, Dahua Entering US on May 03, 2017
A publicly traded company with a $1 billion dollar market cap is directly aiming for Hikvision and Dahua. Kedacom, listed on the Shanghai stock...
US Air Force Cancels Hikvision RFQ on May 01, 2017
The US Air Force has cancelled an RFQ for Hikvision video surveillance, following IPVM notifying the Air Force that Hikvision products are made in...
Bain Sells Off Uniview on Apr 30, 2017
Bain Capital has sold off Uniview to a Chinese company. Uniview is the self-proclaimed "#3" in China video surveillance behind Hikvision and...
Hikvision EZVIZ Amazon Scam Revealed on Apr 26, 2017
Hikvision is violating US Federal Trade Commission guidelines and Amazon rules with a "Honest" Review Program scheme that provides gift cards to...
Chinese 'Attacking Us From Every Direction', Says US FBI on Apr 25, 2017
"Chinese eating our lunch. Attacking us from every direction" said the US FBI's Deputy Director Andrew McCabe at the ASIS 2017 CSO Summit. .@FBI...
Beware The "Hit List" Ranking on Apr 21, 2017
The hit list. Kirschenbaum's recent newsletter complained about a 'hit list', bemoaning how a company took aim at ADT. Alas, that's the Google...
Dell EMC Surveillance Division Profile on Apr 20, 2017
With revenue growth from traditional IT customers slowing, Dell has set a focus on the security industry as a market where the company can offer...

Most Recent Industry Reports

Anti-Hack Access Card Shields Tested on May 26, 2017
Keeping your access control card information secure is becoming a big priority, especially since cheaper copiers can hack details easily. Multiple...
H.265 / HEVC Codec Tutorial 2017 on May 25, 2017
Since 2013, video surveillance professionals have talked about the potential for H.265. Now, in 2017, H.265 is starting to gain mainstream...
Camera Course Summer 2017 on May 25, 2017
Learn video surveillance and get certified. IPVM provides live online classes, recorded videos, personal help, cutting edge education and...
Most Respected Manufacturer Competitors on May 25, 2017
Manufacturers told IPVM what competitor they most respected. In terms of total revenue, Hikvision, Dahua and Axis are certainly tops but would...
CyPhy 'Unlimited' Flight Time Security Drone Examined on May 25, 2017
Drones face several issues as commercial security platforms - legal restrictions (e.g., in the US, the FAA), costs, and limited flight durations...
Milestone Entry Level Mobile Password Vulnerability Disclosed on May 24, 2017
While many manufacturers have only addressed cybersecurity vulnerabilities after public disclosures were made (or threatened), Milestone has...
How Integrators Use IPVM on May 24, 2017
150 integrators explained how they use IPVM and how it helps them stay informed and improve their business.  The 4 main uses integrators cited for...
Alarm Supervision Guide on May 24, 2017
Burglar alarms can constantly monitor the health of attached circuits, sensors, and devices to ensure that they remain operational. This is known...
Arlo Go Cellular Cloud Camera Tested on May 23, 2017
Totally wireless surveillance cameras are growing but almost all typically depend on a hub and local Internet access. However, many outdoor...
Avigilon New COO James Henderson Profile on May 23, 2017
It has been nearly 2 years since the infamous Bryan Schmode 'resigned' as Avigilon COO. Now, Avigilon once again has a COO, promoting James...

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