Ingram Micro's fourth quarter sales have dropped 19 per cent in US dollars and 13 per cent on currency neutral terms when compared with the 2014 fourth quarter. However, there were mitigating circumstances.
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When the news broke last week that leading IT distributor, Ingram Micro had been acquired by Chinese company, Tianjin Tianhai, in a deal valued at $US6 billion, the distribution and ICT worlds shook a little.