Complex sentence: 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.
Split into simpler sentences: In 2004, Tech Pacific planned to go public through an IPO. However, Ingram Micro sensing an opportunity to become a global IT distributor, acquired Tech Pacific in a transaction valued at over 700 million dollars.