Tech Data has completed its acquisition of the Technology Solutions business from Avnet.
Bob Dutkowsky, CEO of Tech Data described it as a momentous day in the company’s history. “Our organisations’ common cultures, shared values and commitment to providing a world-class customer experience will serve as the foundation for the new Tech Data. Together, we will be an even stronger company, capable of doing more for our channel partners than ever before. We remain confident that the acquisition of Technology Solutions creates a winning combination for our customers, vendors and shareholders, as well as the employees of both organisations,” he said.
The addition of Technology Solutions significantly broadens Tech Data’s value-added distribution business, increasing the company’s ability to help its partners capitalise on next generation technologies while enhancing its go-to-market capabilities with complementary skills, expanded vendor relationships, and new customer sets.