Ingram Micro, Inc. announced that it has acquired the distribution business the Cantechs Group, one of providers of auto-identification and data capture products. The acquisition is in line with Ingram's strategy of developing its business in Asia.
ngram Micro, Inc. announced that for the first quarter of 2008, it expects revenue of $8.75 to $9.00 billion and net income of $63 to $71 million. According to Reuters Estimates, analysts were expecting the Company to report net income of $79 million on revenue of $9.11 billion for the same period.