What does the company Tech Data do?
Chloe Ramirez What does the company Tech Data do?
Tech Data has complete product lines in software, networking and communications, mass storage, peripherals and computer systems. In addition to distributing more than 75,000 products from over 1000 manufacturers and publishers, Tech Data provides extensive pre-sale and post-sale training, service and support.
What happened to Tecd?
In November 2019, Tech Data announced that Apollo Global Management would acquire the company for approximately $6 billion. The deal was closed on June 30, 2020. On March 22, 2021 it was announced that Synnex would acquire 55% of Tech Data for a sum of $7.2 billion including debt.
Who owns Tech Data Corporation?
Synnex
Tech Data/Parent organizations
Who does Tech Data sell to?
Apollo Global Management
Tech Data is a public company no more. After more than two years of bids and counter-bids, the Largo-based technology distribution company has finally closed its $6 billion sale to New York private equity firm Apollo Global Management.
How many warehouses does Tech Data have?
Tech Data ships products through eleven logistic centers world-wide.
Where is Tech Data HQ?
Clearwater, FL
Tech Data/Headquarters
Is Tech Data privately owned?
Synnex is buying Tech Data from New York private equity firm Apollo Global Management Inc., which bought the Clearwater, Fla. -based company for about $6 billion last year.
Is Tech Data publicly traded?
Synnex is publicly traded on the New York Stock Exchange and Tech Data is privately held and owned by Apollo Global Management. Once the deal is complete, the combined company will offer more than 200,000 products in more than 100 countries.
How does Tech Data make money?
Tech Data has a niche market business model, with a specialized customer segment. The company distributes products to value-added resellers, retailers, direct marketers, and corporate resellers.
Does Tech Data own Avnet?
Broadline distributor Tech Data Corp. has completed the $2.6 billion acquisition of Avnet Inc.’s Technology Solutions group that it announced last September. The deal turns Clearwater, Fla.
Who just bought Tech Data?
SYNNEX Corp.
SYNNEX Corp. has agreed to acquire Clearwater-based Tech Data in a deal valued at more than $7 billion. Clearwater-based technology distribution company Tech Data, the largest company headquartered in the Tampa-St. Pete area, has completed its $8.3 billion merger with Synnex Corp.
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