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On June 28, 2018, Convergys and Synnex announced they had reached a definitive agreement in which Synnex would acquire Convergys for $2.43 billion in combined stock and cash, and integrate it with Concentrix. [8] On October 5, 2018, Convergys Corporation and Synnex announced that they had completed the merger. [9]
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 .
Convergys Corporation was a corporation based in Cincinnati, Ohio, that sold customer management and information management products, primarily to large corporations. Customer management products included agent assisted, self-service and care software tailored to the communications, financial services, technology, retail, healthcare and ...
News of the potential deal sent shares of Convergys up 8 percent in after-hours trading to $27.35. Synnex shares rose 1.15 percent to $114.68 after hours. Synnex, which has a market capitalisation ...
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Before Convergys, Jeff held multiple positions at Alltel Corporation. As Chief Operating Officer , Jeff directed operations of the 5th largest wireless company in the United States with over $10 billion in revenue, $3.5 billion in EBITDA, and 16,000 employees.
TD SYNNEX (SNX) continues to benefit from the spurring demand for its technology business solutions, and its sustained focus on strategic acquisitions and partnerships.