Is Ingram buying Q*Soft?

Is Ingram buying Q*Soft?

Following TechPac's takeover of Merisel, the industry is rife with rumours about another distribution shakeup: Ingram Micro buying Brisbane-based Q*Soft.

Although US-based Ingram entered into a non-equity partnership with Q*Soft in February, there are indications the distribution giant may be looking to increase its presence in Australia, especially in light of the monopoly-creating buyout.

Q*Soft managing director Douglas Heath confirms he has entered into discussions with Ingram but is, perhaps not surprisingly, cagey about the details. "For the record, I did go to the US last week and I did meet with Ingram," he said. "They're examining a number of options to entering the Australian market, and we're examining options that are good for Q*Soft. I want to stress that Q*Soft is not explicitly 'for sale', but we are obviously interested in the discussions with Ingram."

Despite Heath's reticence, a source close to both Ingram and Q*Soft said the sale is imminent. The source said flying has always been the first love of Heath, who also owns charter airline Basair Australia and four other companies. "He definitely wants to sell it so he can concentrate on other interests."

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