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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 .
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 ...
On October 5, 2018, Convergys Corporation and Synnex announced that they had completed the merger. [9] On March 29, 2023, Concentrix announced the acquisition and merger of Concentrix and Webhelp in a transaction worth $4.8 billion. The overall combined company value was estimated to total around $9.8 billion. [10]
TD SYNNEX (SNX) continues to benefit from the spurring demand for its technology business solutions, and its sustained focus on strategic acquisitions and partnerships.
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.
IT solutions firm Synnex Corp said on Monday it will merge with peer Tech Data in a deal worth about $7.2 billion, including debt, creating one of the world's biggest IT distribution companies and ...
With the merger of Tech Data and Synnex, TD Synnex becomes the largest IT distributor having a combined revenue of $59.8 billion, which surpasses Ingram Micro, whose 2020 revenue was $49.1 billion. [4] [5] On January 9, 2024, TD Synnex reported the results for 2023 fourth-quarter and full-year results reaching $57 billion in revenue. [6]