Tag: Tech Data
SYNNEX merges with Tech Data in $7.2B deal
March 24, 2021SSN Staff
FREMONT, Calif. and CLEARWATER, Fla.—SYNNEX Corp. and Tech Data, which is wholly owned by funds managed by affiliates of Apollo Global Management, Inc., announced a merger agreement valued at approximately $7.2 billion, including net debt.
The combined 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 to accelerate...