- Tech Pacific
Tech Pacific is an Asian-Pacific IT wholesale distributor with offices throughout
Australia ,New Zealand ,Singapore ,Malaysia ,Thailand ,India andHong Kong .Tech Pacific was founded by Jim Kennedy in Melbourne, Australia in 1985 as a boutique distributor of IT Technology.
Imagineering Australia acquired a 50% shareholding in late 1986. In 1987, Kennedy, who had returned to the US, sold his 50% shareholding to Imagineering. Tech Pacific was kept as a separate trading entity asJodee Rich , founder of Imagineering, wanted a vehicle to exclusively distribute product lines that competed with the product lines carried byImagineering Australia .In 1990
First Pacific acquiredImagineering Australia andJodee Rich left the company. At this timeImagineering Australia Australia's Largest IT Distributor was struggling financially as a result of competition introduced by the entry of an American IT Distributor Micro America under the Micro Australia Brand. "(Micro America later merged with Softsel to formMerisel .)" Graham Pickles, Managing Director ofImagineering Australia subsidiary, Tech Pacific, was appointed as the new Group Managing Director. With this change,Imagineering Australia and Tech Pacific were merged under the Tech Pacific name.During the early 1990s Tech Pacific transformed itself from a Value Add Distributor to a broadbase distributor and the business again began to grow significantly.
Merisel Australia proved to be a good adversary early on, however, through good strategic planning and target account management, Tech Pacific regained the key reseller accounts that were most profitable leavingMerisel the smaller consultancy and Retail Accounts.In March 1995, Tech Pacific acquired
Merisel Australia, taking the number two distributor out of the market and creating an Asia Pacific IT Distribution powerhouse.In the late 1990s,
First Pacific sold its interests in Tech Pacific toHagemeyer who in turn in the early 2000s sold the business off toCVC Asia Pacific . In 2004, Tech Pacific planned to go public through an IPO however,Ingram Micro sensing an opportunity to become a truly global IT Distributor, acquired Tech Pacific in a transaction valued at over 700 Million Dollars.On March 31, 2005, the Tech Pacific name was relegated to IT History with the completion of the merger of Tech Pacific's business into
Ingram Micro throughout Asia.ict-company-stub
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