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Tech Data CEO Rich Hume On The $5.4 Billion Deal That Will ‘Accelerate Our Future’

‘They have the ability to invest organically as well as acquisitively in Tech Data. So this is a scenario where we have the fortune of potentially being acquired by someone who has the opportunity to really accelerate our business moving forward,’ Tech Data CEO Rich Hume says of the deal to be acquired by Apollo Global Management.

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If you're a partner on the ground level, so to speak, how does this benefit those folks?

Again, I think that when we take a look at the investment potential of Apollo, should we, or myself as management, be able to bring forward compelling business proposals to them and they invest, that would mean that our capabilities, as well as our portfolio for our customers, will even be more leadership than they are today.

We're very proud of the end-to-end portfolio and capabilities that we have. But certainly we have the opportunity to even advance those, especially in the areas of next-generation technologies.

Does this give you the opportunity to go after the partners of rival distributors?

Every day we compete with one another in the market. We like the merits of our strategy that will allow us to compete with our competitors in the market. We have the opportunity to accelerate investment in our business with a new investor that will make us, in my mind, more competitive over time and more attractive to the market at large.

 
 
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