Ingram Micro Goes From Odin Service Automation Customer to Owner

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The world’s largest distributor of computer and technology products, Ingram Micro, is expanding its cloud ecosystem portfolio with the acquisition of ParallelsOdin Service Automation platform. The terms of the deal have not been disclosed.

According to the Wednesday announcement, approximately 500 Odin employees (including many software engineers who worked on the Odin automation platform) will join the Ingram Micro Cloud business unit.

The rebranding of Parallels’ hosting and service provider business to Odin happened in March during the event in Germany.

The Odin Service Automation platform has actually been the backbone for Ingram Micro’s Cloud Marketplace since 2013. This allowed partners access to a cloud ecosystem, and buy and sell services from resellers, telcos and carriers, web hosts, managed service providers, system integrators and suppliers.

The deal creates a combined partner portfolio that includes 285 telcos, 4,000 hosting companies and 200,000+ resellers worldwide.

Ingram Micro envisions itself as the leading “master Cloud Services Provider” or mCSP where it provides businesses access to a wide range of cloud solutions through its partnerships.

Ingram Micro CEO Alain Monié said Ingram Micro’s launch of its automated cloud platform and marketplace was a step that placed the company at the forefront of the evolution and adoption of cloud solutions. He said the time was right for Ingram Micro to “expand [its] capabilities by owning the intellectual property that is helping to drive this technology evolution.”

He also noted that the acquisition underscores the company’s belief that the Odin Service Automation platform will play a significant role in how businesses consume technology in the cloud.

“We intend to continue to enhance the capabilities of the Odin Service Automation platform, while also consistently bringing additional functionality to our combined cloud solutions,” he said. “Together, Ingram and Odin will offer the ideal combination of expertise, knowledge and commercial relationships with leading cloud OEMs and innovators.”

The deal does not extend to Parallels’ two other major service provider business units: Plesk and Virtuozzo. These products will remain part of Parallels – but will be available for Ingram Micro to resell to its customers.

The transaction, which is subject to certain closing conditions, is expected to close in December 2015.

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