tech data synnex new name

And CLEARWATER Fla March 22 2021 PRNewswire -- SYNNEX Corporation NYSE. The merged entity creates a mega-distributor with more than 150000 customers in more than 100 countries.

Maverick Owner Tech Data Completes Merger With Synnex

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.

. The combined Synnex-Tech Data merger is predicted to. 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. 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.

The combined company is now TD SYNNEX led by Rich Hume as CEO. 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.

Conference Call Today at 530 AM PT830 AM ET. SNX and Tech Data today announced they have entered. 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.

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. Concurrent with the name change the company has reincorporated in the state of Delaware.

The new name is TD SYNNEX led by Rich Hume as CEO. The new company will be led by Rich Hume as CEO. Meantime HPE wrapped its Zerto acquisition.

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. TD SYNNEX which will be led by Tech Datas Rich Hume as CEO. Clearwater-based technology distribution company Tech Data the largest company headquartered in the Tampa-St.

The combined company will now be known as TD Synnex and. The duo announced the 72bn merger in March creating a 57bn-revenue distribution giant with 22000 employees. 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. Ingram Micro the combined distributor will have a team of 22000 employees and an estimated 57 billion in pro forma revenues annually. The distributor has entered into a definitive 7.

It will make around 57 billion in annual revenue. The company name change follows the September 2021 merger of SYNNEX Corporation and Tech Data. Tech Data CEO Rich Hume will retain his position at the combined company while SYNNEX chief exec Dennis Polk will take the position.

Synnex and Tech Data expect to close their 72 billion distribution merger on or about September 1 Synnex says. SNX and Tech Data Corporation today announced the successful completion of their merger. Has agreed to acquire Clearwater-based Tech Data in a deal valued at more than 7 billion.

Tech Data will reward 500 for the. 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.

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. 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. RTTNews - SYNNEX Corporation SNX and Tech Data Corporation on Wednesday said they completed their merger to form TD SYNNEX SNX.

Pete area has completed its 83 billion merger with Synnex Corp. By Joe Panettieri Aug 27 2021. SYNNEX Corporation NYSE.

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. Global distributor of technology products services and solutions. The combined company is now TD SYN.

It also offers a broad range of technical and business support services. 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. Synnex and Tech Data have completed a blockbuster 72bn merger which will see the joint company become the industrys largest distributor.

Synnex and Tech Data is a Done Deal. 01 September 2021 1 min read. 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.

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. Synnex and Tech Data have completed their 72 billion merger to form TD Synnex. The combined entity made up of Clearwater Fla-based Tech Data and Fremont Calif-based Synnex is worth.

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

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