16:9: Huge Tech Distribution Firms Tech Data, SYNNEX Merge In $7B Deal
SYNNEX and Tech Data have announced a definitive agreement to merge companies, creating a monster company in the technology distribution space. The M&A deal is expected to close in Q3-Q4 and until then, the two will operate as separate companies in a “business as usual” mode. The transaction is valued at approximately $7.2 billion, including net debt. […]
Mon, Mar 22, 2021 at 10:03 AM