tech data synnex new name

Accretive to SYNNEX Non-GAAP Diluted EPS in First Year. Also former Synnex CEO Dennis Polk shifts to executive chair of board of directors.

Tech Data Rebrands As Td Synnex Uc Today

The 72 billion merger between Synnex and Tech Data goes final.

. The combined business led by CEO Rich Hume is now called TD Synnex. The historic merger between Synnex and Tech Data is complete creating an entity called TD Synnex with a combined US598 billion in. Will this mean higher prices with one competitor out of the way.

Conference Call Today at 530 AM PT830 AM ET. The duo announced the 72bn merger in March creating a 57bn-revenue distribution giant with 22000 employees. Synnex shareholders approved the deal in July.

Meantime HPE wrapped its Zerto acquisition. Sergio Farache is Chief Strategy Officer for TD SYNNEX. In that role he provided dedicated global leadership for the companys overall strategy Innovation and Tech Datas most strategic next-generation technology business.

More than 150000 customers mostly channel partners and 1500 vendors across more than 100 countries in the Americas Europe and Asia-Pacific regions. 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. Synnex and Tech Data have completed their 72 billion merger to form TD Synnex.

The combined company is now TD SYNNEX led by Rich Hume as CEO. 35 minutes agoAll Tech Data employees are being encouraged to watch a short launch video today in which the six-strong Tech Data Embrace panel will outline the aims of the group and how it will work. Synnex and Tech Data have completed a blockbuster 72bn merger which will see the joint company become the industrys largest distributor.

The highly anticipated Synnex-Tech Data merger has now received all required regulatory approvals. Hereinafter SYNNEX Japan has as of January 1 2022 changed its company name to TD SYNNEX Kabushiki Kaisha hereinafter TD SYNNEX KK. The 72 billion distribution mega deal should be complete next week.

Five Business Details to Know. Find out when it should go final. 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.

The combined company will have about 57 billion in. SYNNEX to Combine with Tech Data Creating a Leading Global IT Distributor. The distributor has entered into a definitive 7.

Establishes Premier Growth Platform with Best-in-Class Capabilities and Offerings 25. Synnex and Tech Data is a Done Deal. The combined entity made up of Clearwater Fla-based Tech Data and Fremont Calif-based Synnex is worth.

Tech Data CEO Rich Hume will retain his position at the combined company while SYNNEX chief exec Dennis Polk will take the position. It will make around 57 billion in annual revenue. SYNNEX Japan Corporation Head Office.

The new company will be led by Rich Hume as CEO. Synnex is poised to merge with Tech Data. Mr Farache previously served as Tech Data Executive Vice President Strategy and NextGen Cloud Security Data IoT.

SYNNEX to Combine with Tech Data Creating a Leading Global IT Distributor. By Sharon Florentine Sep 1 2021. The merger combined two of the worlds largest technology distribution companies.

Among the key data points to note. The merged entity creates a mega-distributor with more than 150000 customers in more than 100 countries. Synnex and Tech Data as expected completed their merger today.

RTTNews - SYNNEX Corporation SNX and Tech Data Corporation on Wednesday said they completed their merger to form TD SYNNEX SNX. SynnexTech Data will have combined revenue of 60 billion coming in nearly 11 billion larger than Irvine Calif-based Ingram Micro which had. Combined company owned by Synnex shareholders and Apollo Global Management to provide best-in-class product offerings it claims.

Synnex-Tech Data Merger Completion Imminent. Dennis Polk formerly the CEO of SYNNEX is Executive Chair of the TD SYNNEX Board of Directors. In a 72 billion deal Synnex and Tech Data have officially merged to become TD Synnex.

SNX and Tech Data Corporation today announced the successful completion of their merger. Distribution giant Tech Data has been renamed as TD SYNNEX as its merger with US SYNNEX is completed. Establishes Premier Growth Platform with Best-in-Class Capabilities and Offerings.

The first drop-in discussion session will take place tomorrow Tuesday 22 March during which anyone from minority groups or affected by issues of racism or. The company name change follows the September 2021 merger of SYNNEX Corporation and Tech Data. The nature of the deal raises questions and some challenges to analysis but could reveal an opportunity for investors.

Upon closing of the deal Synnex shareholders. Synnex-Tech Data Merger. The new name is TD SYNNEX led by Rich Hume as CEO.

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. Tech Data had been a Fortune 100 company before selling for 6 billion to New York private equity firm Apollo Global Management. 25 Accretive to SYNNEX Non-GAAP.

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. FREMONT CA and CLEARWATER FL March 22 2021 SYNNEX Corporation NYSE.

Maverick Owner Tech Data Completes Merger With Synnex