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Synnex was an American multinational corporation that provided information technology (IT) services to businesses. It merged with competitor Tech Data to form TD Synnex . It was founded in 1980 by Robert T. Huang and based in Fremont, California .
TD Synnex Corporation is an American IT distribution company with a workforce of 22,000 in over 100 countries. [2] It was formed in 2021 by the merger of Synnex and Tech Data . TD Synnex is led by CEO Patrick Zammit.
On September 1, 2021, Tech Data completed a merger with Synnex. This merger created a new company with $59.8 billion in revenue, TD Synnex. Through the combination of both companies, TD Synnex becomes the largest IT distributor, surpassing Ingram Micro. As of Sep 1, 2024 Patrick Zammit is the new CEO in place of Rich Hume. [11]
TD SYNNEX Corp (NYSE:SNX) shares are trading higher on Friday after the company reported its fourth-quarter results. Quarterly revenue of $15.85 billion, up 10% Y/Y, exceeded the analyst view of ...
Margins matter. The more SYNNEX (NYSE: SNX ) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders.
TD SYNNEX's (SNX) Q1 performance is likely to have benefited from revenues of the newly merged Tech Data business along with a steady IT spending environment due to rapid digital transformation.
MiTAC was founded in Hsinchu Science Park on 8 December 1982. By 1985 MiTAC was promoted as an independent computer brand. MiTAC adopted SMT technology in 1989 and developed the world's fastest 80386-based personal computer with 286, 386, and 486-based products.
There's no foolproof way to know the future for SYNNEX (NYS: SNX) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock ...