BrightPoint

Last updated
BrightPoint, Inc.
Company type Subsidiary of Ingram Micro
Industry Wireless telecommunications
Founded1989
Headquarters Indianapolis, Indiana, USA
Key people
Robert Laikin
J. Mark Howell
R. Bruce Thomlinson
RevenueIncrease2.svgUS$5.24B (FY 2010) [1]
Increase2.svgUS$72.7M (FY 2010) [1]
Increase2.svgUS$48.8M (FY 2010) [1]
Total assets Increase2.svgUS$1.51B (FY 2010) [2]
Total equity Increase2.svgUS$291M (FY 2010) [2]
Number of employees
3,909 [3]
Website www.brightpoint.com

BrightPoint, Inc. was a provider of "wireless device lifecycle services", specializing in the distribution of wireless devices and in providing customized logistics services to the wireless industry.

BrightPoint had a 2011 revenue of $5.24 billion. With approximately 4,000 employees as well as a significant number of temporary staff, and activity in more than 35 countries, including 13 Latin American countries through its investment in Intcomex, Inc., BrightPoint handled approximately 112 million wireless devices globally [4] in 2011.

BrightPoint's services include distribution, channel development, product customization, E-Business, and other outsourced services. [5]

In 2012, BrightPoint was listed at #463 in the annual Fortune 500 rankings. During July 2012 BrightPoint was acquired by Ingram Micro for $650 million. [6] [7] Six of its top executives shared a $30 million payout when the two companies merged, including former CFO, Anthony Boor, who left BrightPoint in 2011. [8]

Related Research Articles

<span class="mw-page-title-main">Motorola</span> American telecommunications company (1928–2011)

Motorola, Inc. was an American multinational telecommunications company based in Schaumburg, Illinois. It was founded in 1928 as Galvin Manufacturing Corporation by brothers Paul and Joseph Galvin. The company changed its name to Motorola in 1947. After having lost $4.3 billion from 2007 to 2009, Motorola was split into two independent public companies, Motorola Mobility and Motorola Solutions, on January 4, 2011. The reorganization was structured with Motorola Solutions legally succeeding Motorola, Inc., and Motorola Mobility being spun off.

<span class="mw-page-title-main">Duracell</span> Battery and smart power system manufacturer of the United States

Duracell Inc. is an American manufacturer of alkaline batteries, specialty cells, and rechargeables; it is a wholly owned subsidiary of Berkshire Hathaway. The company has its origins in the 1920s, through the work of Samuel Ruben and Philip Mallory, and the formation of the P. R. Mallory Company.

Affymetrix is now Applied Biosystems, a brand of DNA microarray products sold by Thermo Fisher Scientific that originated with an American biotechnology research and development and manufacturing company of the same name. The Santa Clara, California-based Affymetrix, Inc. now a part of Thermo Fisher Scientific was co-founded by Alex Zaffaroni and Stephen Fodor. Stephen Fodor and his group, based on their earlier development of methods to fabricate DNA microarrays using semiconductor manufacturing techniques.

<span class="mw-page-title-main">Broadcom Corporation</span> Defunct American fabless semiconductor company

Broadcom Corporation was an American fabless semiconductor company that made products for the wireless and broadband communication industry. It was acquired by Avago Technologies for $37 billion in 2016 and currently operates as a wholly owned subsidiary of the merged entity Broadcom Inc.

<span class="mw-page-title-main">Canonical (company)</span> UK-based software company that maintains the Ubuntu OS

Canonical Ltd. is a privately held computer software company based in London, England. It was founded and funded by South African entrepreneur Mark Shuttleworth to market commercial support and related services for Ubuntu and related projects. Canonical employs staff in more than 70 countries and maintains offices in London, Austin, Boston, Shanghai, Beijing, Taipei, Tokyo and the Isle of Man.

Teradyne, Inc., is an American automatic test equipment (ATE) designer and manufacturer based in North Reading, Massachusetts. Teradyne's high-profile customers include Samsung, Qualcomm, Intel, Analog Devices, Texas Instruments and IBM.

Ingram Micro is an American distributor of information technology products and services. The company is based in Irvine, California, U.S. and has operations around the world. Founded as Micro D, Inc in 1979 in California by Geza Czige and Lorraine Meccathe, the company has grown significantly due to acquisitions and expansions into new markets. In 1996, Ingram Micro became a publicly traded company on the New York Stock Exchange, with revenues exceeding $12 billion.

<span class="mw-page-title-main">Virgin Mobile USA</span> Former American mobile network provider

Virgin Mobile USA was a no-contract Mobile Virtual Network Operator. It used Sprint's network for coverage. It licensed the Virgin Mobile brand from United Kingdom-based Virgin Group. Virgin Mobile USA was headquartered in Kansas City, Missouri, and provided service to approximately 6 million customers.

<span class="mw-page-title-main">Sprint Corporation</span> Defunct American telecommunications company

Sprint Corporation was an American telecommunications company. Before being acquired by T-Mobile US on April 1, 2020, it was the fourth-largest mobile network operator in the United States, serving 54.3 million customers as of June 30, 2019. The company also offered wireless voice, messaging, and broadband services through its various subsidiaries under the Boost Mobile and Open Mobile brands and wholesale access to its wireless networks to mobile virtual network operators.

RF Micro Devices, was an American company that designed and manufactured high-performance radio frequency systems and solutions for applications that drive wireless and broadband communications. Headquartered in Greensboro, North Carolina, RFMD traded on the NASDAQ under the symbol RFMD. The Company was founded in Greensboro, North Carolina, in 1991. RF Micro had 3500 employees, 1500 of them in Guilford County, North Carolina.

Applied Micro Circuits Corporation was a fabless semiconductor company designing network and embedded Power ISA, and server processor ARM, optical transport and storage products.

<span class="mw-page-title-main">Sierra Wireless</span> Canadian wireless communications company

Sierra Wireless is a Canadian multinational wireless communications equipment designer, manufacturer and services provider headquartered in Richmond, British Columbia, Canada. It also maintains offices and operations in the United States, Korea, Japan, Taiwan, India, France, Australia and New Zealand.

<span class="mw-page-title-main">Sybase iAnywhere</span> Sybase subsidiary

Sybase iAnywhere, is a subsidiary of Sybase specializing in mobile computing, management and security and enterprise database software. SQL Anywhere, formerly known as SQL Anywhere Studio or Adaptive Server Anywhere (ASA), is the company's flagship relational database management system (RDBMS). SQL Anywhere powers popular applications such as Intuit, Inc.'s QuickBooks, and the devices of 140,000 census workers during the 2010 United States Census. The product's customers include Brinks, Kodak, Pepsi Bottling Group (PBG), MICROS Systems, Inc. and the United States Navy. In August 2008.

ON Semiconductor Corporation is an American semiconductor supplier company, based in Scottsdale, Arizona. Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications. onsemi runs a network of manufacturing facilities, sales offices and design centers in North America, Europe, and the Asia Pacific regions. Based on its 2016 revenues of $3.907 billion, onsemi ranked among the worldwide top 20 semiconductor sales leaders, and was ranked No. 483 on the 2022 Fortune 500 based on its 2021 sales.

<span class="mw-page-title-main">Evergreen Solar</span>

Evergreen Solar, Inc. was "a fully integrated manufacturer of solar panels producing wafers, cells and panels." On August 15, 2011, the company filed for Chapter 11 reorganization with the intent of selling its assets.

The Pepsi Bottling Group, Inc. was the world's largest bottler of Pepsi-Cola beverages. PBG sales of Pepsi-Cola beverages accounted for more than one-half of the Pepsi-Cola beverages sold in the United States and Canada and about 40 percent worldwide. PBG had the exclusive right to manufacture, sell and distribute Pepsi-Cola beverages in all or a portion of 43 states, the District of Columbia, nine Canadian provinces, Spain, Greece, Russia, Turkey and Mexico. Approximately 70 percent of PBG's volume was sold in the United States and Canada. Pepsi Bottling Group was based in Somers, New York.

<span class="mw-page-title-main">Ubiquiti</span> American technology company

Ubiquiti Inc. is an American technology company founded in San Jose, California, in 2003. Now based in New York City, Ubiquiti manufactures and sells wireless data communication and wired products for enterprises and homes under multiple brand names. On October 13, 2011, Ubiquiti had its initial public offering (IPO) at 7.04 million shares, at $15 per share, raising $30.5 million.

<span class="mw-page-title-main">Meru Networks</span> American networking equipment manufacturer

Meru Networks was a supplier of wireless local area networks (WLANs) to healthcare, enterprise, hospitality, K-12 education, higher education, and other markets. Founded in 2002 and headquartered in Sunnyvale, California, United States, the company made its initial public offering in March 2010, and was acquired by Fortinet in May 2015.

<span class="mw-page-title-main">InfoSonics Corporation</span>

InfoSonics Corporation is a subsidiary of Cool Holdings, Inc., a publicly traded telecommunications equipment provider based in San Diego, California. It develops, manufactures, and distributes wireless handsets and accessories through its proprietary brand verykool and other private label brands. InfoSonics sells its products through carriers, distributors, and OEMs in Latin America, Europe, Africa, Asia Pacific and the United States. It is best known for its line of inexpensive unlocked phones as well as its rugged phones in its verykool line of products.

<span class="mw-page-title-main">ALSO Holding</span>

ALSO Holding AG is a listed distribution and logistics company based in Emmen, Switzerland.

References

  1. 1 2 3 Brightpoint (CELL) annual SEC income statement filing via Wikinvest.
  2. 1 2 Brightpoint (CELL) annual SEC balance sheet filing via Wikinvest.
  3. "Company Profile for Brightpoint Inc (CELL)" . Retrieved 2008-10-21.
  4. Brightpoint Reports Fourth Quarter and Full Year 2011 Financial Results Archived May 6, 2012, at the Wayback Machine
  5. "Brightpoint Expands Its Collaboration and Market Coverage With E-Plus Group | Corporate - EQS News". www.eqs-news.com. Retrieved 2023-12-12.
  6. Osborne, Charlie (2 July 2012). "Ingram Micro to acquire BrightPoint for $650 million". ZDNET. Retrieved 3 April 2024.
  7. "Ingram Micro to buy BrightPoint for $650 million". Reuters. 2 July 2012. Retrieved 3 April 2024.
  8. Human, Dan (22 August 2012). "Home » Six BrightPoint execs to share $31M golden parachute Six BrightPoint execs to share $31M golden parachute". Indianapolis Business Journal. Retrieved 13 April 2015.