The company's earliest predecessor began business in 1979 as
a California corporation named Micro D, Inc. Micro D, Inc. was
founded in July 1979 by husband and wife Geza Czige and Lorraine
Mecca; both were teachers.
During its first full year of business, Micro D chalked up $3.5
million in revenues.
In 1983, Micro D went public in the OTC market under the stock
symbol "MCRD."
In January 1985, Micro D changed its fiscal year end from October
31 to December 31, effective for the two-month period ended Dec.
31, 1984.
On Dec. 31, 1986, Micro D employed 248 people, including 86
sales personnel.
Ingram Software expanded in December 1985 with the purchase
of Softeam, a Compton, Calif.-based distributor.
Ingram Industries acquired a majority interest in Micro D, Inc.
in 1986 and acquired the remaining minority interest in February
1989.
The name "Ingram Micro D" was created when Ingram Computer (based
in Buffalo) merged with Santa Ana-based Micro D in 1989. Following
this merger, the company maintained offices in both Buffalo and
Santa Ana.
Ingram Micro established an Export Department in 1988 to meet
the demand from overseas markets not served by the company's international
subsidiaries.
Micro D founder, Lorraine Mecca, launched Hawaiian Cowboys,
a working clothes line with paniolo influence, in February 2008.
1989 -- 1998
The first Global IMpact newsletter is printed in 1989.
In 1991, Ingram Micro D drops the “D” from its name.
In 1992, Ingram Micro established its European Coordination
Center in Brussels to centralize the activities of its five independent
operating subsidiaries in Europe.
On February 2, 1993, Ingram Micro announced its acquisition
of a majority interest in Distribuidora de Computo, S.A. DE C.V.
(Dicom), the largest computer distributor in Mexico.
Ingram Micro was spun off from Ingram Industries to become a
public company on November 1, 1996.
In November 1996, the Company completed the sale of 23,200,000
shares of its Class A common Stock pursuant to an initial public
offering (the "IPO") at an offering price of $18.00
per share.
Ingram Micro announced its celebration of the grand opening
of its new 600,000-square-foot distribution center located in
Millington, Tenn on October 29, 1997.
In November 1997, Ingram Micro expanded its presence in Asia-Pacific
-- gaining entry to ten Asia-Pacific countries with a minority
investment in Electronic Resources Ltd. (ERL). ERL was a leading
Asian computer and electronic products distributor based in Singapore.
Launched in January 1998, VentureTech Network gives its members
access to Ingram Micro's more than 145,000 products, timely delivery,
services and support, custom configuration, channel assembly,
technical support and product availability.
Forerunner to IML, Global Partner Services was launched in 1999.
1999 -- 2009
In January 2002, Ingram Micro consolidated its U.S. and Canadian
operations into a single North American unit.
In November 2004, Ingram Micro doubled its presence in Asia-Pacific
with the acquisition of Tech Pacific.
In November 2006, Ingram Micro Inc. celebrated its 10th anniversary
as a public company.
Revenues reached a record high of $35 billion in 2007.
The DC/POS division began with the acquisition of Nimax in July
2004. Since then it's expanded through organic growth, as well
as the acquisitions of Symtech, Paradigm, Eurequat, Intertrade
and Cantech Group.
Over $700,000 was donated to non-profits worldwide via in-kind
and cash donations in 2007.
The 1610 building in Santa Ana, Calif., next to Ingram Micro
headquarters, once served as a distribution center (Branch 10),
which later moved to Fullerton, Calif. It eventually became the
ALC in Mira Loma, Calif., which is almost four times the size
of the original warehouse.
"ALC" stands for Advanced Logistics Center -- Ingram
Micro's cutting-edge distribution centers.
Ingram Micro had $1B cash on hand in Q1 2009.
Ingram Micro established the annual Martha Ingram Leadership
Award in 2009 for associates who influence their colleagues and
community with integrity, honesty, selflessness, and courage.
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Ingram Micro Facts