tech data synnex new name

SNX and Tech Data today announced they have entered into a definitive merger agreement under which SYNNEX and Tech Data will combine in a transaction valued at approximately 72 billion including net debt. SOCaaS allows partners to offer managed security services to their SMB customers.

Synnex Corporation Stockholders Approve Merger With Tech Data

In addition it will have more than 22000 employees.

. RTTNews - SYNNEX Corporation SNX and Tech Data Corporation on Wednesday said they completed their merger to form TD SYNNEX SNX. The company name change follows the September 2021 merger of SYNNEX Corporation and Tech Data. Has agreed to acquire Clearwater-based Tech Data in a deal valued at more than 7 billion.

The new name is TD SYNNEX led by Rich Hume as CEO. Tech Data RECON - SPI Tool. Announced in March the Synnex-Tech Data deal was originally valued at 72 billion based on Synnexs stock price at the.

The combined company will have about 57 billion in annual revenue. SYNNEX Japan Corporation Head Office. Select a Region.

Synnex Tech Data Complete Merger Td Synnex Emerges Channele2e February 18 2022 Edit. SNX and Tech Data today announced they have entered into a definitive merger agreement under which SYNNEX and Tech Data will combine in a transaction valued at approximately 72 billion including net debt. The highly anticipated Synnex-Tech Data merger has now received all required regulatory approvals.

The combined company will go by the name of TD Synnex and will be led by Tech Data CEO Rich Hume with former Synnex boss Dennis Polk becoming executive chairman of the board of directors. Clearwater-based technology distribution company Tech Data the largest company headquartered in the Tampa-St. In that role he provided dedicated global leadership for the companys overall strategy Innovation and Tech Datas most strategic next-generation technology business.

The terms of this deal are that Synnex will pay Tech Data ie. Synnex and Tech Data is a Done Deal. As part of this announcement Tech Data will be running a series of webinars in August and September to provide further information around the New Commerce Experience how it will differ from legacy and provide recommendations on how you should best approach the changes.

However theres possibility that this could change in the upcoming year due to their merger with their competitor Synnex. There is no word yet about whether HQ will remain with. Tech Data a TD Synnex company has launched a new security operations center as a service SOCaaS offering.

Last week Synnex and Tech Data completed their 72 billion merger to form TD Synnex. Currently Tech Data is merging with Synnex in a technology distribution deal worth 72 billion. Synnex and Tech Data expect to close their 72 billion distribution merger on or about September 1 Synnex says.

The historic merger between Synnex and Tech Data is complete creating an entity called TD Synnex with a combined US598 billion in. It also offers a broad range of technical and business support services. Pete area has completed its 83 billion merger with Synnex Corp.

The combined Synnex-Tech Data merger is predicted to. The new company will be led by Rich Hume as CEO. Tech Data Rebrands As Td Synnex Uc Today The 72 billion merger between Synnex and Tech Data goes final.

Changes Name to SYNNEX Corporation FREMONT CA November 13 2003 SYNNEX Information Technologies Inc a global information technology IT supply chain services company announced that effective immediately the company has changed its legal name to SYNNEX Corporation. Dennis Polk formerly the CEO of SYNNEX is Executive Chair of the TD SYNNEX Board of Directors. Apollo Global its owner 44M in shares and 161B in cash.

Select a Next Generation Area. Ingram Micro the combined distributor will have a team of 22000 employees and an estimated 57 billion in pro forma revenues annually. The combined business led by CEO Rich Hume is now called TD Synnex.

The 72 billion distribution mega deal should be complete next week. The new name is TD SYNNEX led by Rich Hume as CEO. Apollo Global will invest 500M in Tech Data prior to the close of the.

Synnex and Tech Data will create the worlds largest IT distributor through their 72 billion merger coming in nearly 10 billion larger than Irvine Calif-based Ingram Micro which had 472. Hereinafter SYNNEX Japan has as of January 1 2022 changed its company name to TD SYNNEX Kabushiki Kaisha hereinafter TD SYNNEX KK. Tech Data Corporation commonly referred to as Tech Data is an American multinational distribution company specializing in IT products and services headquartered in Clearwater Florida as of 2021.

SYNNEX Information Technologies Inc. Synnex And Tech Data Complete Merger To Become Td Synnex A Leading Global Distributor And Solutions Aggregator For The It Ecosystem Tech Data Rebrands As Td Synnex Uc Today Maverick Owner Tech Data Completes Merger With Synnex Tech Data And Synnex Ceos Open Up On Rationale For 7 2bn Union Synnex Corp Purchases Tech Data Creating A 57 Billion. Sergio Farache is Chief Strategy Officer for TD SYNNEX.

Synnex shareholders approved the deal in July. Combined company owned by Synnex shareholders and Apollo Global Management to provide best-in-class product offerings it claims. Synnexs shareholders Wednesday gave the distributor the green light to move forward on its merger with rival Tech Data carving a path for the creation of a new IT giant.

FREMONT CA and CLEARWATER FL March 22 2021 SYNNEX Corporation NYSE. Private equity firm Apollo Global Management will own roughly 45 percent of the combined business which blends traditional technology distribution with cloud marketplaces for channel partners. Synnex and Tech Data have completed a blockbuster 72bn merger which will see the joint company become the industrys largest distributor.

The combined company will now be known as TD Synnex and. Mr Farache previously served as Tech Data Executive Vice President Strategy and NextGen Cloud Security Data IoT. They can do so without having to invest up front or hold off until.

RTTNews - SYNNEX Corporation SNX and Tech Data Corporation on Wednesday said they completed their merger to form TD SYNNEX SNX. By Joe Panettieri Aug 27 2021.

Synnex