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5 Partner Takeaways On The Synnex-Tech Data Merger

Solution providers tell CRN that the deal to create a $57 billion IT distributor will bring together ‘the best of two worlds’ and create major opportunities for partners.

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Teaming Up

As Tech Data and Synnex prepare to join forces, solution providers that work with the two IT distributors say the opportunities for partners to benefit will be massive. On Monday, Tech Data and Synnex announced a merger deal that will result in a $57 billion company that is the largest IT distributor in the world and serves more than 150,000 customers. Tech Data CEO Rich Hume will lead the combined company, and told CRN in an interview that the move will be a “huge win” for partners—with the combined company offering “the broadest portfolio and the ability to have more capacity for investment that will accelerate next-generation technologies.” The $7.2 billion deal will also see Synnex President and CEO Dennis Polk become executive chair of the company’s board. The merger is expected to close in the second half of 2021.

What follows are five key partner takeaways on the Tech Data-Synnex merger.

(CRN editors Steven Burke and Mark Haranas contributed to this report.)

 
 
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