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Partners: Ingram Micro, Tech Data Are ‘Pawns’ In Apple Price-Fixing Practices
by Steven Burke
“Ingram and Tech Data are pawns in this. I’m sure Ingram and Tech Data had to follow these rules to continue selling Apple. I guarantee Apple said ‘This is what you are going to do or you’re not going to have the product.’
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DXC, CDW, Others Hit: Coronavirus Stock Sell-off Again Slams Channel
by Joseph Tsidulko
The world’s largest IT distributors and systems integrators again saw their share prices plummet during the third-worst day in the history of the Dow Jones
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French Agency Accuses Apple, Tech Data, Ingram Micro Of Price Cartel
by Kyle Alspach
France's antitrust agency brought fines against the three companies, including a record $1.23 billion fine against Apple.
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CDW, DXC Stock Prices Regain Ground In Market Rally
by Kyle Alspach
Talk of government stimulus sent global stock markets upward on Tuesday.
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Inflow Technologies Nixes Tech Data Acquisition Bid
by Joseph F. Kovar
Tech Data, which is going through its own acquisition by a private equity firm, had planned to acquire India-based Inflow Technologies to expand its Asia-Pacific footprint, but Inflow decided its future lies outside of Tech Data.
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The 10 Biggest Technology M&A Deals Of 2019
by O’Ryan Johnson
Private equity firms also took a larger chunk of the IT market as industry stalwarts ConnectWise -- which was bought in February then merged with rival Continuum -- and Tech Data were both taken over by institutional investors.
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AvePoint Thinks Big On Microsoft Data Management, Data Protection Play With New $200M Funding
by Joseph F. Kovar
‘We sought the funding because the total addressable market is huge. We are targeting enterprises with $1-billion-plus in revenue because they care about governance. And as smaller companies adopt SaaS, we're seeing growth there as well,’ AvePoint CEO Tianyi Jiang says.
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Distribution Deal: Wesco Wins Bidding War For Anixter
by Joseph F. Kovar
With the acquisition, the combined company will have a market-leading 13 percent share of what is now a very fragmented electrical and data communications distribution market.
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Tech Data To Acquire India-Based Distributor, Looks To Expand Asia-Pacific Footprint
by Joseph F. Kovar
Even as it is in the process of being acquired by Apollo Global Management, Tech Data is showing that there's no letup in the day-to-day growth of its business by unveiling an agreement to acquire Inflow Technologies.
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Channel Mourns Loss Of Affable, Accountable Vology Leader Joe Serra
by Michael Novinson
Serra, a solution provider and distribution executive revered by colleagues and peers for his bright smile and ability to create a culture of accountability, passed away over the weekend.
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Behind The Scenes: A Timeline Of Apollo's Acquisition Of Tech Data
by Joseph F. Kovar
While Apollo Global Management beat Berkshire Hathaway's bid to acquire Tech Data, it was only one small part of an acquisition bid that started 20 months ago when Apollo talked to then-CEO Robert Dutkowsky about a possible investment in Tech Data.
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Is Ingram Micro Next On Warren Buffett’s Holiday Wish List? Not Likely, Analyst Says
by O’Ryan Johnson
‘He looks at Tech Data as a slow-growing proxy for the U.S. economy in technology. It’s not a high flyer. It’s not a growth engine. But it reflects the overall U.S. economy. It’s got scale. It’s got size,’ Martin Wolf, president of martinwolf M&A Advisors, one of the top channel investment advisory deal-makers, tells CRN.
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Apollo Raises Tech Data Bid After Warren Buffett's Berkshire Hathaway Makes Acquisition Offer
by Joseph F. Kovar
Berkshire Hathaway, sitting on over $128 billion in cash, made the bid for Tech Data in a matter of days in part by just changing terms of the original Apollo Global Management bid, but Apollo quickly upped its offer to purchase the distribution giant.
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GTDC 2025 Outlook: Distribution Value Is On Rise In Cloud Era
by Steven Burke
“The survey shows that once again distributors are responding to what is happening in the technology market with cloud computing and digital transformation and are providing increased levels of service and support to ensure their customers are successful in this new era,” said Global Technology Distribution Council (GTDC) CEO Frank Vitagliano.
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