tech data synnex merger new name

The Synnex-Tech Data merger creates global scale especially against Ingram Micro which generated 472 billion in annual sales for 2019 Ingrams 2020 results have yet to. Together the two companies will offer more than 200000 products from over 1500 vendors to some 150000 customers in over.

The Vast Unraveling Behind Synnex Snx And Tech Data Merger The Impact Of Cloud Giants The Technology Letter

Clearwater-based technology distribution company Tech Data the largest company headquartered in the Tampa-St.

. SNX a leading provider of distribution systems design and. By Sharon Florentine Sep 1 2021. SYNNEX Corporation and Tech Data announced they have entered into a definitive merger agreement under which SYNNEX and Tech Data will combine.

It also offers a broad range of technical and business support services. 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. It will also get the refinancing of.

June 30 2021. Tech Data will now operate under the new TD. FREMONT Calif June 30 2021 PRNewswire -- SYNNEX Corporation NYSE.

Synnex and Tech Data as expected completed their merger today. The combined business led by CEO Rich Hume is now called 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. Tech Data is owned by Apollo Global Management affiliates and its co-investors. By Joe Panettieri Aug 27 2021.

Hereinafter SYNNEX Japan has as of January 1 2022 changed its company name. March 23 2021. Name change follows last years 52 billion merger of global distributors Tech Data and Synnex.

Private equity firm Apollo. Pete area has completed its 83 billion merger with. 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.

Tech Data is becoming TD SYNNEX following the merger of Tech Data and. Tech Data and Synnex finalise 72bn merger and reveals new name Combined company owned by Synnex shareholders and Apollo Global Management to provide best-in. 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.

17 October 2022 Written by. SYNNEX and Tech Data Merge to Form Distribution Goliath. Apollo Funds will get 44 million shares of Synnex stock.

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. SYNNEX Japan Corporation Head Office.

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History

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Important Information Additional Information And Where To Find It In Connection With The Proposed Transaction Between Synnex Corporation Synnex And Tiger Parent Ap Corporation The Parent Corporation Of Tech Data Corporation A