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Brightpoint
Former BrightPoint exec joins Angie’s List as COO
January 17, 2013
Scott OlsonJ. Mark Howell will join the Indianapolis-based public company March 1. Howell previously spent 18 years as an executive with
BrightPoint Inc., which was acquired in October by California-based Ingram Micro Inc.
MoreBrightPoint executive Howell stepping down
January 7, 2013
Dan HumanA longtime high-ranking executive for BrightPoint Inc. in Indianapolis will resign effective Jan. 18, three months after California-based
Ingram Micro Inc. acquired the company.
MoreBrightPoint buyer Ingram Micro mulls cost-cutting
December 1, 2012
Dan HumanA top BrightPoint Inc. executive expects little employment change for the distribution and logistics company’s 1,100-person
central Indiana work force, despite the potential for job cuts and facility closings across the country.
MoreIngram Micro completes acquisition of BrightPoint
October 16, 2012
Associated PressIngram Micro Inc. said Monday that it has completed its roughly $840 million acquisition of Indianapolis-based mobile-device
logistics provider BrightPoint Inc.
MoreBrightPoint shareholders approve company’s sale
September 19, 2012
California-based Ingram Micro agreed in July to buy BrightPoint for about $840 million, including $190 million in debt.
MoreBrightPoint reaches settlement in shareholder suits
September 7, 2012
Scott OlsonLawsuits filed by BrightPoint Inc. shareholders who are challenging the company's proposed sale to a California firm are
set to be dismissed after the sides reached a settlement.
MoreSix BrightPoint execs to share $31M golden parachute
August 22, 2012
Dan HumanBrightpoint Inc. CEO Robert Laikin stands to receive $14.1 million after his company is acquired by Santa Ana, Calif.-based
Ingram Micro Inc., say SEC documents released this week.
MoreBrightPoint takes quarterly loss despite uptick in revenue
August 8, 2012
IBJ StaffIndianapolis-basedBrightPoint Inc. suffered a $4.1 million second-quarter loss despite a 3-percent increase in revenue, the
Indianapolis-based wireless device distribution and logistics company said Wednesday afternoon.
MoreBrightPoint merger talks driven by 'deal certainty'
July 28, 2012
Greg AndrewsWhen BrightPoint officials saw conditions in the cell phone distribution business take a turn for the worse, they were quick
to cash out while the going was still good.
MoreBrightPoint shareholder sues company over pending sale
July 16, 2012
Scott OlsonA BrightPoint Inc. stockholder has filed suit against the company, charging that the $9 share price offered in its $840 million
sale to California-based Ingram Micro Inc. is too low.
MoreBrightPoint settles two suits against rival Brightstar
July 13, 2012
Scott OlsonBoth lawsuits involved former BrightPoint executives hired by Brightstar who had access to the local firm’s innermost workings
and strategies. The suits, filed in Marion Superior Court, were dismissed Wednesday.
MoreBrightPoint's $840M sale ends wild ride for CEO Laikin
July 7, 2012
Greg AndrewsBob Laikin started BrightPoint in 1989, when cellular phones were clunky and brick-like and were mostly for the wealthy.
MorePROXY CORNER: BrightPoint Inc.
July 7, 2012
Indianapolis-based BrightPoint Inc.provides worldwide distribution and integrated logistics services to the wireless communications
industry. The company announced July 2 that it had agreed to be acquired by California-based Ingram Micro for $650 million
in cash and the assumption of $190 million in debt.
MoreUPDATE: BrightPoint sale follows tough stretch for firm
July 2, 2012
Scott OlsonGiven the soft cell phone market and Brightpoint's recent struggles, a sale to California-based Ingram Micro for about $840
million makes sense, analysts say. The two companies announced the acquisition early Monday morning.
MoreUPDATE: Brightpoint's planned sale spawns uncertainty
July 2, 2012
IBJ StaffThe $840M deal, which would eliminate one of Indiana’s six Fortune 500 companies, is casting uncertainty over Hendricks
County, where the company is one of the largest employers.
MoreBrightPoint to be acquired for $840M by California firm
July 2, 2012
IBJ StaffIndianapolis-based BrightPoint Inc. has agreed to be acquired by California-based Ingram Micro Inc. for about $840 million,
the two companies said early Monday morning.
MoreLargest Indiana public companies mostly fared well in 2011
June 16, 2012
Performance varied widely as industries ebbed, flowed.
MoreStruggling BlackBerry maker could be drag on BrightPoint
May 31, 2012
Kathleen McLaughlinBlackBerry maker Research In Motion Ltd., which said it wouldn't turn a profit this quarter, accounts for about 10 percent
of BrightPoint's distribution business.
MoreBrightPoint stock sinks on lower earnings report
April 27, 2012
Kathleen McLaughlinBrightPoint Inc. stock fell as much as 12 percent early Friday morning following disappointing first-quarter earnings that
prompted the company to lower its 2012 financial forecast.
MoreBrightPoint making local employment cutbacks
March 2, 2012
Kathleen McLaughlinBrightPoint Inc. has laid off an undisclosed number of its local employees and decided not to fill another 120 open positions,
the Indianapolis-based company acknowledged Thursday.
MoreBrightpoint shares slide after it lowers forecast on loss of customer
February 22, 2012
Shares of the wireless-device logistics provider fell more than 8 percent Wednesday morning after the company lowered its
annual earnings guidance in response to the loss of a major customer.
MoreBrightpoint posts record revenue for 2011
February 1, 2012
Kathleen McLaughlinThe Indianapolis-based provider of logistics services to the wireless-phone industry said it earned $48.8 million on revenue
of $5.24 billion last year.
MoreBattle between phone rivals spills into the courtroom
December 31, 2011
Greg AndrewsBrightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone
distributor.
MoreBrightpoint suing former exec in trade secret dispute
December 21, 2011
Scott OlsonThe Indianapolis-based wireless distributor accuses Mitch Black, who left Brightpoint last year, of taking company trade secrets
to a new job with a direct competitor. Brightstar Corp. also is named in the lawsuit.
MoreBrightpoint ramping up repair services
December 3, 2011
Scott OlsonCell phone distributor views used market as lucrative.
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these guys only skill was to steal from other's hard earned savings.
I voted for him last time and it WAS the LAST time. He needed to to quit running around the world on useless trips, and giving our $$ away to sports teams. I'll vote for anyone but Ballard next time. BTW...we gave $40M to the Pacers and cannot even watch the games on TV.
For the people concerned about traffic, you should know that mixed-use projects (like the one being proposed), actually allows for and encourages more people to walk and bike, thereby mitigating additional automobile traffic. If we continue to design and build suburban-type projects in the City (i.e. automobile-oriented projects), we are not offering anything different from what the suburbs offer, which means we will continue to lose jobs/people to the suburbs. The reason Broad Ripple is somewhat successful today is that people want to live in a place that offers the convenience of being able to walk/bike to restaurants, retail, nightlife, the Monon, etc. Why would you not want to support a project that is complimentary to what already makes the area desirable? The real argument with this project should be its lack-luster design and layout, not the density.
It is unfortunate that there is a perception that celebrities validate an event. The Indy 500 stands on its own, especially for those coming in from out of town. It was always so disturbing to read the gushing descriptions of Ashley Judd threaded throughout the local coverage. Very happy that era is at an end.
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.