Tech Data Capital and Cohesity Deliver Smart Payment Solutions

Rhea-AI Summary

Tech Data Capital has partnered with Cohesity to provide financing solutions to Cohesity customers, enhancing payment flexibility for software purchases. This partnership aims to modernize software buying, accommodating budgetary needs for on-premises and cloud deployments. Key benefits include the ability to spread payments over time, preventing large upfront costs, and allowing customers to maintain essential components of their solutions without compromising on quality.

Positive

• Partnership with Cohesity enhances financing options for customers.
• Allows customers to spread payments, improving cash flow management.

Negative

• None.

FREMONT, Calif. and CLEARWATER, Fla., Oct. 19, 2021 /PRNewswire/ -- Tech Data Capital has partnered with Cohesity, a leader in next-gen data management, to offer Cohesity customers smart payment options that enable growth.  Tech Data Capital is a wholly owned subsidiary of Tech Data Corporation, and a part of the TD SYNNEX family, a leading global distributor and solutions aggregator for the IT ecosystem.

"We are proud to partner with Cohesity to bring best in class financing tools, programs and solutions to the channel," said Wayne Peters, vice president of Financial Solutions, TD SYNNEX.

"By leveraging Tech Data Capital financing, our customers will be provided with additional flexibility to help consume Cohesity's software based on their individual needs.  We believe this type of program can further support the modernization of software buying; where customers are deploying software either on prem or in the cloud and may have different budget and payment requirements," said Robert O'Donovan, CFO at Cohesity.       

The benefits to Cohesity customers include:

• Financing can be used to spread the payments over time, allowing the customer to avoid a large upfront expenditure and stay within budget
• Not having to reduce the quote due to cost. The customer stays within budget without sacrificing important components of the solution.

Tech Data Capital can help determine the right financing option based on each customer's need.
To learn more about Tech Data Capital, email financingteam@techdata.com or call 800-307-4588.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We're an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX' 22,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 1,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com or follow us on Twitter, LinkedIn, Facebook and Instagram.

Safe Harbor Statement

Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 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.

© 2021 SYNNEX Corporation. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

About Cohesity

Cohesity radically simplifies data management. We make it easy to protect, manage, and derive value from data — across the data center, edge and cloud. We offer a full suite of services consolidated on one multicloud data platform: backup and recovery, disaster recovery, file and object services, dev/test, and data compliance, security, and analytics — reducing complexity and eliminating mass data fragmentation. Cohesity can be delivered as a service, self-managed, or provided by a Cohesity-powered partner. 

© 2021 Cohesity, Inc. All rights reserved. Cohesity, the Cohesity logo, Helios, and other Cohesity marks are trademarks or registered trademarks of Cohesity, Inc. in the US and/or internationally. Other company and product names may be trademarks of the respective companies with which they are associated.

Media Contacts
Robyn Itule
Director, Americas Communications
TD SYNNEX, Americas
(727) 275-5236
Robyn.Itule@techdata.com 

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SOURCE TD SYNNEX

FAQ

What is the partnership between Tech Data Capital and Cohesity about?

Tech Data Capital and Cohesity are collaborating to provide financing solutions that enhance payment flexibility for Cohesity customers.

How will the financing options benefit Cohesity customers?

The financing options allow Cohesity customers to spread payments over time, avoiding large upfront costs and maintaining essential solution components.

What does the partnership aim to modernize?

The partnership aims to modernize software purchasing by accommodating diverse budgetary needs for both on-premises and cloud deployments.

What is the impact on TD SYNNEX's financial solutions?

The partnership enhances TD SYNNEX's financial solutions by offering best-in-class financing tools to the channel.