Next to my husband and 2 beautiful children, the work that I've done at SYNNEX is my proudest accomplishment. When I started my career after leaving Clemson, I did not plan to be at the same organization for 15 years. ![]() I am especially thankful to the teammates I have today because without them, I would truly be nowhere: Amanda Bellinger Jason Hall Brian Dyar Laura Powell Teresa Stovall Catherine Flagg Mallory McFerron Damon Mims Scott Brock Scott Mabry Alexandra Lescano Katherine Byram Will Fuqua Carlie Eastman Lydia Burgess Melissa (Missy) Clayton April Petty Marita Buckner Christina Huff David McCarter, Eddie Franklin, and Steven Jow who developed me into a sales person and gave me the opportunity to do something I really love which is build a team, mentor, and lead. Special thanks to Mike VanGieson and Denna Lambke for seeing something in me 15 years ago and saying "We want you at SYNNEX." They gave me a chance that I'm eternally grateful for. I am continually thankful for the many people along the way that taught, mentored, and have walked beside me in this journey. Tech Data had been acquired by a private equity firm about 18 months ago and those money guys – Apollo – are also behind this deal.On Saturday, I will be celebrating 15 years at SYNNEX. ![]() I don’t know that world all that well, but believe the future Tech Data-Synnex entity would collectively be the largest of its kind, jumping past Ingram Micro and Arrow in revenues and employees. “Rest assured that we have a plan for a seamless integration of the two companies in place, and both teams have deep experience in this area.”ĭistribution companies are hugely important parts of the digital signage ecosystem, but they kind of operate quietly, doing their thing with vendors. “We will continue to provide the excellent service that you have become accustomed to and please know that the team supporting you today will remain the same,” adds Polk. IT solutions firm Synnex Corp (SNX.N) said on Monday it will merge with peer Tech Data in a deal worth about 7.2 billion, including debt, creating one of the worlds biggest IT distribution. The deal has to be approved by shareholders and regulators. I look forward to working alongside Rich going forward. I will be the Executive Chair of the Board of Directors, with an active role in the ongoing strategy, integration, and Hyve business, among other responsibilities. I can also share with you that Rich Hume, CEO of Tech Data will be the CEO of the combined company. We believe this transaction will allow us to provide you with more solutions and capabilities as we look to make increased investments in high-value areas of growth like Hybrid Cloud, Security and Everything as a Service. Lastly, both SYNNEX and Tech Data share strong, values-driven cultures, which we expect to build upon as a joint company of over 22,000 talented associates. ![]() The news comes after the merger between Tech Data and SYNNEX Corporation in 2021, which created an industry leader uniquely positioned to serve partners and vendors in. Third, we can further expand our offering and provide you a bigger and more robust portfolio of products, solutions, and services. 2 days ago &0183 &32 TD SYNNEX (NYSE: SNX) announced today that the company has now formally transitioned to the TD SYNNEX brand in its operations in Europe and Latin America and the Caribbean (LAC). ![]() Second, given the complementary geographic footprints between us and Tech Data, we immediately gain a truly global presence with which to better serve you when your customers are local, regional, or worldwide. Synnex shareholders will own about 55 per cent of. The merger, which will create one of the world’s biggest IT distribution companies, comes less than a year after Apollo Global Management took Tech Data private in a deal worth 6bn. As a joint company with unparalleled scale, we will be able to provide increased value to your organization, as well as access to a larger network of vendors, products, and geographies.Īs with all our prior M&A transactions, we have looked for a partner that is the right fit for our company, and we believe that the combination with Tech Data is compelling for several reasons.įirst, we will be able to accelerate our growth trajectory beyond what we could have done by making several smaller acquisitions over a longer time. IT solutions firm Synnex Corp is to merge with peer Tech Data in a deal worth about 7.2bn (£5.2bn, 6bn). This combination will enable us to further accelerate the pace of investments and innovation to address your future needs. To that end, we believe that now is the right time to partner with Tech Data and position our combined company for future growth. SYNNEX CEO Dennis Polk sent a note out this morning:Īs you know, the pace of change within our industry has been accelerating for quite some time, and requires consistently higher levels of innovation, investment, and scale. All the finance/business nerd stuff is in the official press release, including the money guys behind the tie-up.
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