Channel Beat: What Ingram Micro's Sale To Tianjin Tianhai Means For The Channel

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Chinese Logistics firm Tianjin Tianhai will acquire Ingram Micro, the world’s largest distributor, for $6 billion.

The announcement came this week, and will reshape the entire technology market. Ingram said the deal will enhance its geographic reach, and partners believe it could benefit the channel.

We can expect the acquisition to close in the second half of this year.

NetApp will layoff 12 percent of its global workforce, the Sunnyvale, Calif.-based company announced this week.

The layoffs come as NetApp refocuses on all-flash storage and Clustered Data Ontap.

The company’s Q3 revenue was down more than 11 percent to $1.39 billion from $1.55 billion in the same quarter last year.

IBM will revamp its channel program in a big way, shifting its focus from products to solutions.

IBM unveiled the restructuring at its PartnerWorld Leadership Conference this week. The program will focus on cloud and cognitive computing and introduce new skills, benefits, and digital assets.

The program will go into effect in January 2017.