Tech Data
Tech Data Corporation (commonly referred to as Tech Data) was an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida. It merged with competitor Synnex to form TD Synnex. Synnex is to be the primary owner (55% share). Tech Data provided a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as Google, Apple, Cisco, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc., IBM, Lenovo, LG, Microsoft, Sony, Trend Micro, Viewsonic, TP-Link and VMware, to deploy IT solutions.
Tech Data HQ | |
| Industry | Distribution (business) Technology Electronics Computer hardware Computer software IT consulting Retail |
|---|---|
| Founded | Clearwater, Florida, U.S. (1974) |
| Founder | Edward C. Raymund |
| Headquarters | 5350 Tech Data Drive, Clearwater, Florida , U.S. |
Area served | Worldwide |
Key people | Rich Hume (CEO) Charles V. Dannewitz (CFO) |
| Revenue | US$36.775 billion (2018) |
| US$410 million (2018) | |
| US$116 million (2018) | |
| Total assets | US$12.653 billion (2018) |
| Total equity | US$2.921 billion (2018) |
| Owner | Apollo Global Management |
Number of employees | ~14,000 (January 2018) |
| Website | techdata |
Tech Data is now one of the world's largest distributors of IT products and services, generating $37.7 billion in net sales for the fiscal year ended January 31, 2017. The company ranked No. 83 on the 2018 Fortune 500 and one of Fortune's "World's Most Admired Companies."