tech data synnex new name

22 Mar 2021 1426. SNX and Tech Data today announced they have entered.


Synnex Enters Merger Agreement With Tech Data

Tech data synnex merger new name Sunday May 8 2022 Edit Tech Data and Synnex finalise 72bn merger and reveals new name Combined company owned by Synnex shareholders and Apollo Global Management to provide.

. Tech Data CEO Rich Hume will retain his position at the combined company while SYNNEX chief exec Dennis Polk will take the position. Pete area has completed its 83 billion merger with Synnex Corp. The combined company is now TD SYN.

The combined company will now be known as TD Synnex and. SYNNEX Corporation NYSE. RTTNews - SYNNEX Corporation SNX and Tech Data Corporation on Wednesday said they completed their merger to form TD SYNNEX SNX.

It also offers a broad range of technical and business support services. The new name is TD SYNNEX led by Rich Hume as CEO. And CLEARWATER Fla March 22 2021 PRNewswire -- SYNNEX Corporation NYSE.

Tech Data will reward 500 for the. Distribution giant Tech Data has been renamed as TD SYNNEX as its merger with US SYNNEX is completed. The historic merger between Synnex and Tech Data is complete creating an entity called TD Synnex with a combined US598 billion in revenue but in the.

SNX and Tech Data Corporation today announced the successful completion of their merger. 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. Concurrent with the name change the company has reincorporated in the state of Delaware.

Founded in 1980 SYNNEX Corporation operates in numerous countries throughout North and South America Asia-Pacific and. Conference Call Today at 530 AM PT830 AM ET. SNX is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution systems design and integration services for the technology industry to a wide range of enterprises.

Once the merger closes the combined company will be 55 percent owned by Synnex shareholders and 45 percent owned by Apollo Global management which bought Tech Data for 54 billion in June 2020. The combined company is now TD SYNNEX led by Rich Hume as CEO. The combined entity made up of Clearwater Fla-based Tech Data and Fremont Calif-based Synnex is worth.

The company name change follows the September 2021 merger of SYNNEX Corporation and Tech Data. SYNNEX Corporation NYSE. Tech Data has continued to show its determination to become one of the largest names in global distribution through the move to merge with Synnex.

By Joe Panettieri Aug 27 2021. TD SYNNEX which will be led by Tech Datas Rich Hume as CEO. 01 September 2021 1 min read.

Synnex and Tech Data expect to close their 72 billion distribution merger on or about September 1 Synnex says. There are shareholder lawsuits included in the 2021 merger filing lambasting Synnex for paying 72B or 12B more than Apollo paid a year ago based on Synnexs pre-deal share price of 1032. SNX and Tech Data Corporation today announced the successful completion of their merger.

The combined Synnex-Tech Data merger is predicted to. The new company will be led by Rich Hume as CEO. 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.

In a 72 billion deal Synnex and Tech Data have officially merged to become TD Synnex. 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. Clearwater-based technology distribution company Tech Data the largest company headquartered in the Tampa-St.

Ingram Micro the combined distributor will have a team of 22000 employees and an estimated 57 billion in pro forma revenues annually. 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. FREMONT CA and CLEARWATER FL March 22 2021 SYNNEX Corporation NYSE.

Currently Tech Data is merging with Synnex in a technology distribution deal worth 72 billion. Global distributor of technology products services and solutions. The 72 billion merger of publicly traded Synnex and private equity owned Tech Data which was first unveiled on March 22- will be 55 percent owned by Synnex shareholders and 45 percent owned.

Dennis Polk formerly the CEO of SYNNEX is Executive Chair of the TD SYNNEX Board of Directors. The duo announced the 72bn merger in March creating a 57bn-revenue distribution giant with 22000 employees. Becomes Tech Data a TD Synnex company in.

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 and Tech Data have completed a blockbuster 72bn merger which will see the joint company become the industrys largest distributor. 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 Corporation NYSE.

Has agreed to acquire Clearwater-based Tech Data in a deal valued at more than 7 billion. Synnex and Tech Data is a Done Deal.


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