tech data synnex acquisition
Has agreed to acquire Clearwater-based Tech Data in a deal valued at more than 7 billion. IT distributor Synnex last week completed its acquisition of Tech Data in a deal valued at 83 billion.
Synnex Tech Data Merger 5 Things To Know About Technology Distribution M A Channele2e Technology News For Msps Channel Partnerschannele2e Technology News For Msps Channel Partners
Under the terms of the agreement Apollo Funds will receive an aggregate of 44 million shares of SYNNEX common stock plus the refinancing of existing Tech Data net debt.
. The combined company will have approximately 57 billion in estimated pro forma annual revenues. Additionally the acquisition will expand Tech Datas business in key geographies including Hong Kong Malaysia and Singapore. Clearwater-based technology distribution company Tech Data the.
News Sep 2 2021. The combination of SYNNEX and Tech Data creates the number one global IT distributor with revenue of nearly 60 billion offering more than 40000 technology products. The highly anticipated Synnex-Tech Data merger has now received all required regulatory approvals.
We are excited to welcome DLT Solutions to Tech Data and are confident that this acquisition will provide higher-value solution offerings to our partners helping them to build. Tech Data Bobby Eagle Director Global Corporate Communications 727 538-5864. SYNNEX is to merge with Tech Data in a 72 billion distribution mega deal.
With the Innovix acquisition now complete. SNX a leading provider of distribution systems design and integration services for the. 27 2017 GLOBE NEWSWIRE -- Tech Data Corporation NASDAQTECD today announced it has completed its acquisition of the Technology.
Channel Pro Synnex and Tech Data complete 52 billion merger. The 72 billion distribution mega deal should be complete next week. Under the terms of the agreement Apollo Funds will receive an aggregate of 44 million shares of SYNNEX common stock plus the refinancing of existing Tech Data net debt.
News Mar 22 2021. This is TD SYNNEXs 6th. FREMONT Calif June 30 2021 PRNewswire -- SYNNEX Corporation NYSE.
SYNNEX Corporation NYSESNX entered into a definitive merger agreement to acquire Tech Data Corporation from Apollo Global Management Inc. CLEARWATER Fla Feb. TD SYNNEX will serve more than 100 countries in the Americas Europe and Asia-Pacific with a comprehensive portfolio of high value products and service offerings SYNNEX.
SYNNEX and Tech Data Combine to Create a Leading Global IT Distributor Creates a diversified global solutions aggregator with significant breadth and depth of capabilities. Channel Futures Synnex Tech Data Merge to Create 57. List of SYNNEX s 8 Acquisitions including Tech Data and Convergys Save Search Companies Contacts Investors Funding Rounds Acquisitions People Events Schools Hubs Saved.
Rich Hume who had served as chief executive at Tech Data is now. Synnex and Tech Data have officially merged to create a 598 billion entity called TD Synnex knocking Ingram Micro out of the top spot as the industrys largest IT distributor for. These actions follow the announcement that Tech Data had entered into definitive agreement to be acquired by SYNNEX Corporation SYNNEX in a deal valued at.
On March 22 2021 TD SYNNEX acquired distribution company Tech Data from Apollo Global Management for 72B USD.
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