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Tech Industry

Short Take: MicroAge to make up its mind

MicroAge, a Pheonix, Arizona-based reseller, announced that it expects to say what it will do with Pinacor, the company's $5 billion distribution subsidiary, by January 13, 1999. MicroAge has said it will hold an IPO, sell the division, or keep it as a separate subsidiary, according to a spokeswoman. The potential Pinacor spin-off comes amid consolidation and financial downturns in the PC distribution industry.

MicroAge, a Pheonix, Arizona-based reseller, announced that it expects to say what it will do with Pinacor, the company's $5 billion distribution subsidiary, by January 13, 1999. MicroAge has said it will hold an IPO, sell the division, or keep it as a separate subsidiary, according to a spokeswoman. The potential Pinacor spin-off comes amid consolidation and financial downturns in the PC distribution industry.