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.Tags: Data Center News 5G solutions Apollo Global management CEO CIO cloud CTO cybersecurity solutions data center Dennis Polk edge solutions iot solutions IT distributor Matt Nord Merger Rich Hume Robert Kalsow-Ramos tech data
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