SYNNEX Corporation Announces Distribution Agreement with Citrix

Rhea-AI Summary

SYNNEX Corporation (NYSE: SNX) announced a distribution agreement with Citrix Systems (NASDAQ: CTXS) on April 19, 2021. This partnership allows SYNNEX to provide its partner community access to Citrix's digital workspace solutions, aimed at enhancing remote work capabilities. The solutions will be available through SYNNEX Stellr in the U.S. and Canada. This agreement positions SYNNEX to deliver scalable, cloud-enabled workspaces, responding to the increased demand for hybrid work environments driven by the pandemic.

Positive

• New distribution agreement with Citrix enhances SYNNEX's cloud solutions portfolio.
• Access to Citrix digital workspace solutions supports partner community's transition to hybrid work.
• Solutions offer scalability and pay-as-you-go pricing, creating recurring revenue opportunities for service providers.

Negative

• None.

GREENVILLE, S.C., April 19, 2021 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading provider of distribution, systems design and integration services for the technology industry, today announced a new distribution agreement with Citrix Systems, Inc. (NASDAQ: CTXS).  Under the terms of agreement, SYNNEX will provide their partner community with access to Citrix digital workspace solutions to enable and accelerate the future of work.  The solutions will immediately be available to partners in the U.S. and Canada through SYNNEX Stellr.

"We are thrilled to be joining the Citrix partner ecosystem as a Citrix Service Provider (CSP) distributor and adding Citrix to our portfolio of cloud suppliers," said Darren Harbaugh, Senior Vice President SYNNEX Stellr, Cloud, Mobility, and IoT. "With Citrix, SYNNEX can provide its partner community with a market-leading, end-to-end solution for delivering cloud-enabled workspaces backed by the expertise and services of the Stellr team.  Through this collaboration, Stellr broadens its product offerings for resellers and solution providers in the SMB, mid-market, and enterprise spaces."

Citrix builds secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent, reliable workspace experience wherever work needs to get done.  With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.

In making Citrix solutions available to its partners, SYNNEX can help them deliver the cloud-enabled workspace services that modern enterprises demand. The solutions are easy to deploy, infinitely scalable and available with pay-as-you-go pricing and provide significant opportunity for Service Providers to incorporate a recurring revenue into their business model. 

"The global pandemic has greatly accelerated digital transformation at companies around the world as it has made clear the need to enable work from anywhere using any device," said Mike Fouts, VP Americas Partner Sales, Citrix. "As a Citrix Service Provider distributor, SYNNEX can support this transition by delivering scalable solutions through its partners that enable companies to accommodate the future of hybrid work and move their business forward."

To learn more about Citrix through SYNNEX Corporation, email citrix@synnex.com.

About SYNNEX Corporation 

SYNNEX Corporation (NYSE: SNX) is a Fortune 200 corporation and a leading provider of a comprehensive range of distribution, systems design and integration services for the technology industry to a wide range of enterprises. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe. Additional information about SYNNEX may be found online at synnex.com.

Safe Harbor Statement 

Statements in this news release that are forward-looking, such as features and capabilities of products and services, and general success of collaborations, involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release.  The Company assumes no obligation to update any forward-looking statements contained in this release.

Copyright 2021 SYNNEX Corporation. All rights reserved. SYNNEX, the SYNNEX Logo, STELLR and all other SYNNEX company, product and services names and slogans are trademarks or registered trademarks of SYNNEX Corporation. SYNNEX, the SYNNEX Logo, Reg. U.S. Pat. & Tm. Off. Other names and marks are the property of their respective owners.  

SNX-G 

Media Contact: 
Bill Fox
Hughes Agency  
For SYNNEX Corporation 
(864) 271-0718 
billf@hughes-agency.com  

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SOURCE SYNNEX Corporation

FAQ

What is the new distribution agreement between SYNNEX and Citrix?

SYNNEX has entered a distribution agreement with Citrix to provide access to digital workspace solutions for its partner community.

When was the SYNNEX and Citrix distribution agreement announced?

The distribution agreement was announced on April 19, 2021.

How will SYNNEX's partnership with Citrix benefit their partners?

The partnership will enable SYNNEX's partners to offer scalable, cloud-enabled workspace services to modern enterprises.

In which regions will the Citrix solutions be available through SYNNEX?

The Citrix solutions will be available to partners in the U.S. and Canada.

What stock symbols are associated with SYNNEX and Citrix?

SYNNEX is traded under NYSE: SNX and Citrix under NASDAQ: CTXS.