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Brightpoint invests in Latin American operations

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Brightpoint Inc., an Indianapolis-based distributor of wireless phones, on Wednesday announced that it will invest more than $15 million in Miami-based Intcomex Inc. in an effort to boost its Latin American business.
 
Under the terms of the agreement, Brightpoint will also contribute certain existing operations in Latin America in exchange for approximately 23 percent of Intcomex, which was founded in 1988.

Brightpoint officials said the deal will significantly increase its presence in Latin America and the Caribbean region, creating operations serving more than 44,000 customers in 41 Latin American countries.

“This strategic investment will bring together two industry leaders in their respective fields,” J. Mark Howell, president, Brightpoint Americas, said in a prepared statement. “Investing in Intcomex aligns with an important objective within Brightpoint’s global strategic plan of expanding our geographic footprint and increasing the breadth and value of services and solutions we offer our vendors and customers.”

Intcomex is a distributor of information technology goods—including computer equipment, software, networking products and consumer electronics—focused solely on Latin America and the Caribbean.

This strategic alliance will offer Brightpoint’s customers and vendors access to Intcomex’s established network of resellers, retailers and customers in the Latin American and Caribbean markets, Howell said.

Brightpoint shares rose 5 cents Wednesday morning, to $12.21 each.

 

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  1. Those of you yelling to deport them all should at least understand that the law allows minors (if not from a bordering country) to argue for asylum. If you don't like the law, you can petition Congress to change it. But you can't blindly scream that they all need to be deported now, unless you want your government to just decide which laws to follow and which to ignore.

  2. 52,000 children in a country with a population of nearly 300 million is decimal dust or a nano-amount of people that can be easily absorbed. In addition, the flow of children from central American countries is decreasing. BL - the country can easily absorb these children while at the same time trying to discourage more children from coming. There is tension between economic concerns and the values of Judeo-Christian believers. But, I cannot see how the economic argument can stand up against the values of the believers, which most people in this country espouse (but perhaps don't practice). The Governor, who is an alleged religious man and a family man, seems to favor the economic argument; I do not see how his position is tenable under the circumstances. Yes, this is a complicated situation made worse by politics but....these are helpless children without parents and many want to simply "ship" them back to who knows where. Where are our Hoosier hearts? I thought the term Hoosier was synonymous with hospitable.

  3. Illegal aliens. Not undocumented workers (too young anyway). I note that this article never uses the word illegal and calls them immigrants. Being married to a naturalized citizen, these people are criminals and need to be deported as soon as humanly possible. The border needs to be closed NOW.

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