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Revenue billions
Tech Data Corporation distributes computer solutions. The company is headquartered in Cliawater, Florida, USA. The company is on the Fortune 500 list.
History
2021: Merge with Synnex IT Distributor
At the end of March 2021, two leading IT technology distributors Synnex and Tech Data signed a $7.2 billion agreement to merge into one company. It is assumed that the combined company will receive an estimated revenue of about $57 billion. More details here.
2020: Apple fined 1.1 billion euros for price collusion with distributors
According to French authorities, several Apple colluded with IT distributors Tech Data and Ingram Micro. Those were also fined - 76.1 and 62.9 million euros. - this should be added as an announcement to the Tech Data and Ingram Micro cards. More details here.
Stock price dynamics
Ticker company on the exchange: | NYSE:TECD |
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