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Ingram Micro agrees to buy DBL

In Brief / ELECTRONICS

June 14, 2007|From Times Wire Services

Ingram Micro Inc., the Santa Ana-based distributor of computers, software and electronics, agreed to buy DBL Distributing Inc. for $96 million to expand its consumer-electronics offerings.

DBL will become a subsidiary of Ingram, keeping its management and the same number of employees, a spokesman said.

DBL, based in Scottsdale, Ariz., sells more than 17,000 electronics products from brands including Philips, Samsung and Sony to U.S. retailers.

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