IT Distributors Tech Data and SYNNEX Merge in $7.2 Billion Deal


📅 - SYNNEX Corporation (NYSE: SNX) and Tech Data have signed a merger agreement under which SYNNEX and Tech Data will combine in a transaction valued at approximately $7.2 billion. The combined IT distributing company, with approximately $57 billion in estimated pro forma annual revenues and a team of over 22,000 associates and colleagues, will provide customers and vendors with expansive reach across products, services, and geographies.
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