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TD SYNNEX Corporation - SNX STOCK NEWS

Welcome to our dedicated page for TD SYNNEX Corporation news (Ticker: SNX), a resource for investors and traders seeking the latest updates and insights on TD SYNNEX Corporation stock.

TD SYNNEX Corporation (NASDAQ: SNX) is a prominent global player in IT distribution and business services. Established in 1980, the company has evolved into a $10.4 billion giant with over 53,000 associates worldwide. Recognized for its excellence, TD SYNNEX was ranked No. 260 on the Fortune 500 list in 2014.

The company's primary operations are divided into two key segments: Technology Solutions and Global Business Services. In the Technology Solutions segment, TD SYNNEX collaborates with over 300 leading technology manufacturers, facilitating the distribution of their products through a network of more than 20,000 value-added resellers, primarily in North America. Key product categories include IT systems, peripherals, system components, software, networking, and consumer electronics. Esteemed vendor partners include HP, Intel, Panasonic, Microsoft, Lenovo, Seagate, among others.

TD SYNNEX also excels in providing comprehensive business process outsourcing services. These services encompass technical support, renewals management, demand generation, direct sales, customer service, back-office processing, and IT outsourcing. These offerings position TD SYNNEX as a vital partner for many companies looking to streamline their operations and enhance efficiency.

The company's geographical segments cover the Americas, Europe, and APJ (Asia-Pacific and Japan), ensuring a widespread market presence and the capability to serve a diverse client base.

Recent Achievements and Projects

  • TD SYNNEX continues to innovate in the IT ecosystem, aggregating and distributing hardware, software, and systems including personal computing devices, mobile phones, printers, server and datacenter infrastructure, hybrid cloud solutions, security, networking, communications, and storage solutions.
  • The company has maintained strong partnerships and expanded its product offerings to meet evolving market demands.
  • Ongoing projects emphasize the enhancement of their IT distribution channels and the expansion of their global business services portfolio.

TD SYNNEX's commitment to excellence and innovation makes it a pivotal entity in the IT and business services sectors, with a significant impact on the market and a promising outlook for future growth.

Rhea-AI Summary
TD SYNNEX (NYSE: SNX) announces updates at CommunitySolv event, including expansion of Partner Directory and peer groups. These enhancements are based on direct user feedback, exclusively available for CommunitySolv members. The updates were shared during a 3-day event in Palm Springs, Calif. More than 400 customers from the U.S. and Canada attended the annual event, providing TD SYNNEX with the opportunity to share its vision and strategy with valued partners for the upcoming year.
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TD SYNNEX (NYSE: SNX) North American Channel Partners Embrace AI/ML and Data Analytics, Anticipate Revenue Increase in 2023
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TD SYNNEX (NYSE: SNX) releases findings from 2023 Direction of Technology Report, revealing shifts in partner business models, with a focus on services and security. Hybrid cloud, investment challenges, and ESG priorities also highlighted in the study.
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TD SYNNEX (NYSE: SNX) to Participate in RBC Capital Markets and UBS Global Technology Conferences in November 2023
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TD SYNNEX (NYSE: SNX) has achieved Amazon Web Services (AWS) Migration Services Competency and Amazon EC2 for Microsoft Windows Server Delivery Partners (SDP) status, recognizing their technical proficiency and customer success in automating and accelerating customer application migration and modernization journeys.
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TD SYNNEX's Managed Service Provider (MSP) Special Report reveals that MSPs prioritize business consulting and planning investments, with 65% listing it as their top priority. Additionally, 80% of respondents believe expanding their solution offerings is important for growth. Networking and security were the top revenue drivers over the past year, but MSPs anticipate growth in Data Analytics, Artificial Intelligence/Machine Learning, and Augmented Reality/Virtual Reality. The report also highlights challenges such as the skills gap, talent recruitment, rapid technological change, and regulatory pressures.
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Specialist design software distributor, Datech, plans to expand its solution portfolio to offer a broader range of design software opportunities to partners in North America, Europe, and Asia Pacific Japan. Datech will continue to support partners on their digital transformation journey and provide value-added services and tools to a wider reseller community. The company aims to attract partners in the commercial and public sectors and introduce new vendor partners to its portfolio.
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TD SYNNEX relaunches MyShop e-commerce platform with virtual commerce and AI features
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Hyve Solutions announces the Hyve Hercules 9120 ultra-high density mass storage platform with 768 hard drives per rack.
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Hyve Solutions announces extension of building block strategy with Open Compute Project's Data Center Modular Hardware System (DC-MHS) specification
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FAQ

What is the current stock price of TD SYNNEX Corporation (SNX)?

The current stock price of TD SYNNEX Corporation (SNX) is $118.83 as of September 19, 2024.

What is the market cap of TD SYNNEX Corporation (SNX)?

The market cap of TD SYNNEX Corporation (SNX) is approximately 10.1B.

What does TD SYNNEX Corporation do?

TD SYNNEX Corporation is a global leader in IT distribution and business services, providing hardware, software, system components, and outsourcing services.

Who are TD SYNNEX's key vendor partners?

TD SYNNEX partners with major technology manufacturers like HP, Intel, Panasonic, Microsoft, Lenovo, and Seagate.

What segments does TD SYNNEX operate in?

TD SYNNEX operates in Technology Solutions and Global Business Services segments.

What types of business services does TD SYNNEX offer?

TD SYNNEX offers business process outsourcing services such as technical support, renewals management, demand generation, direct sales, customer service, back-office processing, and IT outsourcing.

In which geographical regions does TD SYNNEX operate?

TD SYNNEX operates in the Americas, Europe, and APJ (Asia-Pacific and Japan).

When was TD SYNNEX Corporation founded?

TD SYNNEX Corporation was founded in 1980.

What is the value of TD SYNNEX Corporation?

TD SYNNEX Corporation is valued at approximately $10.4 billion.

How many associates does TD SYNNEX have?

TD SYNNEX has over 53,000 associates worldwide.

What recent achievements has TD SYNNEX made?

TD SYNNEX has been innovating in the IT ecosystem, expanding its product offerings, and enhancing its distribution and business services channels.

Where can I find the latest news about TD SYNNEX?

You can find the latest news about TD SYNNEX on their official website and various financial news platforms.

TD SYNNEX Corporation

NYSE:SNX

SNX Rankings

SNX Stock Data

10.13B
85.46M
11.14%
88.52%
2.27%
Electronics & Computer Distribution
Wholesale-computers & Peripheral Equipment & Software
Link
United States of America
FREMONT