Jump to content

TD Synnex

From Wikipedia, the free encyclopedia
TD SYNNEX Corporation
TypePublic
IndustryIT services, IT consulting
Predecessors
FoundedSeptember 1, 2021; 4 years ago (2021-09-01)
Headquarters,
U.S.
Key people
  • Patrick Zammit (CEO)
  • Ann Vezina (chair)
Products
Services
RevenueIncrease US$58.5 billion (2024)
Increase US$1.19 billion (2024)
Increase US$689 million (2024)
Total assetsIncrease US$30.3 billion (2024)
Total equityDecrease US$8.04 billion (2024)
Number of employees
23,000 (2024)
Websitetdsynnex.com
Footnotes
Financials as of November 30, 2024.[1]

TD Synnex Corporation (stylised as TD SYNNEX) is an American IT distribution company with a workforce of 22,000 in over 100 countries.[2] It was formed in 2021 by the merger of Synnex and Tech Data. TD SYNNEX is led by CEO Patrick Zammit. [3]

History

[edit]

At closing former SYNNEX shareholders owned 55% of TD SYNNEX while Apollo Global Management, the previous owner of Tech Data, owned 45%.[4]

In late 2025, the company was among five distributors selected by Microsoft as part of Microsoft’s consolidation of its global distributor network from approximately 180 to 60 partners.[5]

In 2026, TD SYNNEX partnered with Nebius to secure over 1,000 NVIDIA GPUs for AI workloads.[6]

Revenue

[edit]

With the merger of Tech Data and Synnex, TD SYNNEX becomes the largest IT distributor having a combined revenue of $59.8 billion, which surpasses Ingram Micro, whose 2020 revenue was $49.1 billion.[7][8]

Leadership

[edit]

Ann Vezina serves as TD SYNNEX's executive chair of the board of directors.[8][2] In November 2023, Patrick Zammit was named chief operating officer, reporting to company CEO Rich Hume.

In June 2024, the company announced that Patrick Zammit would assume the CEO role effective September 1, replacing Rich Hume who will remain on the TD SYNNEX board of directors.[9]

Acquisitions

[edit]

In July 2025, TD SYNNEX acquired software development company and cloud commerce platform provider Apptium to grow its cloud commerce platform and its as-a-service capabilities.[10]

In October 2025, TD SYNNEX acquired Gateway Computer Corporation, Japanese IT solutions and services provider.[11]

In January 2026, it was announced that TD SYNNEX had completed its acquisition of the AV, unified communications and gaming business divisions from Exclusive Networks Poland. Following the transaction, the AV and UC operations were integrated into TD SYNNEX’s Maverick division, while the gaming business was incorporated into its Peripherals unit.[12]

Digital platforms

[edit]

TD SYNNEX operates several digital platforms to support partners and customers. These include Newsflash, a news and updates site covering company and partner‑related announcements, and Trusted Advisor, a resource hub that provides guidance, tools, and content focused on helping partners develop capabilities and engage customers across technology solutions.

StreamOne, TD SYNNEX’s digital business orchestration platform, is used by 30,000 global customers to manage cloud subscriptions, digital services, and marketplace transactions. In 2024, the company added new APIs, real-time reporting, and security capabilities, as well as white-label cloud storefronts for UK and Ireland customers to create their own branded cloud marketplaces.[13]

TD SYNNEX launched its PartnerFirst Digital Partner Portal in 2025. This platform consolidates the search, ordering, and management of both hardware and cloud products into a single interface, including traditional orders, subscriptions, and mixed-cart purchases.[14][15]

References

[edit]
  1. "FY 2024 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. January 24, 2025.
  2. 1 2 Cridlin, Jay (September 1, 2021). "Largo's Tech Data completes $8.3 billion merger, becomes TD SYNNEX". Tampa Bay Times. Retrieved 2021-11-08.
  3. "TD SYNNEX – Official website". TD SYNNEX.
  4. Coffey, Lauren (September 1, 2021). "Tech Data becomes TD SYNNEX after $8 billion merger officially closes". Tampa Bay Business Journal. Retrieved 2021-11-08.
  5. "Following VMware, Microsoft, vendors consolidate partners under distributors | Channel Dive". www.channeldive.com. Retrieved 2026-07-09.
  6. Martin, Dylan. "Exclusive: TD Synnex Nabs Over 1,000 Nvidia GPUs For Channel In Nebius Cloud Deal". www.crn.com. Retrieved 2026-07-23.
  7. Kovar, Joseph F. (2021-09-01). "It's Official: SYNNEX-Tech Data Is TD SYNNEX, The Industry's Largest IT Distributor". CRN. Retrieved 2021-11-08.
  8. 1 2 "TD SYNNEX". www.tdsynnex.com. Retrieved 2021-11-08.
  9. "TD SYNNEX Announces Patrick Zammit to Become CEO" (Press release). Fremont, CA: Businessswire. 2024-06-20. Retrieved 2024-07-24.
  10. Kovar, Joseph F. "TD Synnex To Bolster Digital Commerce, As-A-Service Capabilities With Apptium Buy". www.crn.com. Retrieved 2026-07-16.
  11. Raj, Aaron. "TD SYNNEX completes acquisition of Japanese IT solutions and services provider". www.crnasia.com. Retrieved 2026-07-16.
  12. Inavate (2026-01-12). "TD SYNNEX completes acquisition of AV/UC division from Exclusive Networks Poland". Inavate Magazine. Retrieved 2026-01-12.
  13. Todd, Daniel (2026-05-19). "TD Synnex launches white-label cloud storefronts for UK&I partners". ChannelPro. Retrieved 2026-07-30.
  14. Kovar, Joseph F. "TD Synnex Launches PartnerFirst Digital Partner Portal". www.crn.com. Retrieved 2026-07-23.
  15. Weiss, Todd R. (2025-09-30). "TD SYNNEX Unveils New PartnerFirst Portal to Better Serve Channel Partners". ChannelE2E. Retrieved 2026-07-23.