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On 27th February 2017 Tech Data Corporation (NASDAQ: TECD) announced it has completed its acquisition of the Technology Solutions business from Avnet, Inc. (NYSE: AVT). The combination creates a premier global end-to-end IT distributor with unmatched capabilities and the most diverse solutions from the data center to the living room.

The addition of Technology Solutions significantly broadens Tech Data’s value-added distribution business, increasing the company’s ability to help its partners capitalize on next-generation technologies while enhancing its go-to-market capabilities with complementary skills, expanded vendor relationships, and new customer sets.

Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 115,000 resellers to efficiently and cost effectively support the diverse technology needs of end users in more than 100 countries. Tech Data generated $26.2 billion in net sales for the fiscal year ended January 31, 2017. It is ranked No. 108 on the Fortune 500® and one of Fortune's "World's Most Admired Companies." 

To learn more, visit www.techdata.com, or follow us on Facebook and Twitter.


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