Area tech, IT giant merges with California company

Transaction is valued at approximately $7.2 billion.

  • By Business Observer Staff
  • | 6:48 p.m. March 22, 2021
File. Tech Data CEO Rich Hume will lead the combined company as CEO after the Synnex Corp.-Tech Data merger.
File. Tech Data CEO Rich Hume will lead the combined company as CEO after the Synnex Corp.-Tech Data merger.
  • Tampa Bay-Lakeland
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CLEARWATER — Tech Data, once the largest publicly traded company in the region, has merged with a California company in a deal that, after closing, will create a $57 billion global tech services giant.

 

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