Mergers, acquisitions, partnerships

Solution aggregator for IT ecosystem
Synnex and Tech Data announced the successful completion of their merger. The merged company is now called TD Synnex and will be led by Rich Hume as CEO. Dennis Polk, former CEO of Synnex, is Executive Chairman of the Board of Directors of TD Synnex.
Together, customers and dealers have access to a global distribution platform with offerings in some of the largest and most profitable product segments. TD Synnex offers the ability to accelerate technology adoption, diversify revenue streams, create cross-selling opportunities and bring comprehensive as-a-service offerings to market.
TD Synnex will have two main locations: Fremont, California, and Clearwater, Florida - the U.S. locations with the largest concentration of employees. The company will continue to maintain other key locations in the US.
Tech Data Corporation was previously wholly owned by funds managed by subsidiaries of Apollo Global Management.