Technology distributor Ingram Micro Inc. (IM) has acquired Toronto-based SoftCom Inc., a cloud marketplace and global service provider offering domain name management, web hosting and cloud infrastructure services, to enhance Ingram Micro's cloud services and aggregation platform. Financial details of the transaction were not disclosed.
As part of the deal, SoftCom will operate as a wholly owned subsidiary of Ingram Micro, with Turker Sokullu, former CEO and co-founder of SoftCom, continuing to lead the company as executive director, reporting directly to Nimesh Dave, Ingram Micro executive vice president, global business process and cloud computing.
Sokullu said the acquisition will provide SoftCom with a range of business opportunities, and allow it to leverage a vision of the future that it shares with Ingram Micro
"We have grown SoftCom's business by relentlessly focusing on our customers and building a culture of trust and camaraderie among employees with a passion for delivering high performance web and cloud solutions," he said. "We are excited by Ingram Micro's shared values and vision and look forward to contributing to their global growth and diversification strategy."
Ingram Micro president and CEO Alain Monie said in his prepared remarks that the acquisition will enhance Ingram Micro's cloud offerings and aggregation platform.
Ingram Micro recently made cloud services provider (CSP) dinCloud's offerings available to the company's North American channel partners via the Ingram Micro Cloud Marketplace.