“We could not have reached this milestone without the hard work of our colleagues and we look forward to working together with the Synnex team to seamlessly bring our companies together and to create meaningful value for all our stakeholders,' he added.įounded in 1980, US-based Synnex Corporation - which recently spun off customer experience division Concentrix Corporation - operates as a Fortune 500 company specialising in IT distribution, supply chain logistics and integration services across US, Canada and Japan markets. “Together, we will be able to offer our customers and vendors exceptional reach, efficiency and expertise, redefining the experience and value they receive.”Īccording to Hume, both parties are expected to benefit from 'significant financial strength' to invest in core growth platforms, in addition to establishing best-in-class product offerings in 'next generation, high-growth areas' such as cloud, data centres, security, Internet of Things, services, 5G and intelligent edge. “This is transformational for Tech Data, Synnex and the entire technology ecosystem,” Hume said. Operating within a base of 150,000 customers and channel partners, the combined entity will also represent more than 1500 vendors across the world.

On paper, the aim of the merger is to create a “diversified global solutions aggregator” capable of serving over 100 countries across the Americas, Europe and Asia Pacific regions, distributing a portfolio of more than 200,000 product and solutions offerings in the process.

Synnex and tech data merge