$TECD News

Last published 10mo ago

10mo agoAD CCIX TECDPlusAI to Bolster Board in Connection with Public ListingBusiness WireTechnology Veterans David C. Peterschmidt and Harry J. Harczak, Jr. to Join Board, Strengthening Governance PlusAI, a leader in AI software for autonomous trucks, today announced the appointment of two new Board
6y agoTECDTech Data Appoints John O’Shea President, AmericasBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data today announced John O’Shea has been appointed President of the Americas. O’Shea brings nearly 20 years of proven leadership experience at Tech Data, most recently heading the company’s Global Lifecycle Management business unit, which has grown to serve customers around the world as part of the company’s strategy to deliver to higher value. O’Shea’s app ...
6y agoTECDNew patent application published for: Insect Trap DeviceUS Patent Applications (USPTO)
6y agoCSCO MCO TECD APOApollo Makes Rare Move in Latest Deal After Outbidding BuffettBloombergFor the better part of a decade, private equity firms layered increasing amounts of leverage onto buyouts in a bid to amp up their returns. Tech Data Corp. appears to be one of the exceptions.
6y agoAPO TECDFunds Managed by Affiliates of Apollo Complete Tech Data AcquisitionGlobeNewswireTech Data Plans to Invest Approximately $750 Million in Digital Transformation Initiatives to Improve Channel Partner Experience Strong Pro Forma Balance Sheet Gives Significant Financial...
6y agoTECD APO CZR ERI+1JPMorgan, Credit Suisse Ready $7.2 Billion Debt Sale for CasinosBloombergA group of banks led by JPMorgan Chase & Co. and Credit Suisse Group AG is readying a $7.2 billion debt offering to finance Eldorado Resorts Inc.’s acquisition of Caesars Entertainment Corp., according to people familiar with the matter.
6y agoALL TECDAllstate Elects Rich Hume to Board of DirectorsBusiness WireNORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Rich Hume, 60, Chief Executive Officer of Tech Data Corporation (NASDAQ: TECD), has been elected to Allstate’s board of directors effective June 12. As of that date, the Allstate board will stand at 11 directors.
6y agoTECDTech Data Reports First Quarter Fiscal Year 2021 ResultsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the first quarter ended April 30, 2020.
6y agoTECDTech Data to Announce First Quarter Fiscal 2021 Results on May 28Business WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that it will report its results for the first quarter fiscal year 2021 before the market opens on Thursday, May 28, 2020. As previously announced, due to the pending acquisition by affiliates of the Apollo Funds, Tech Data will not host an earnings conference call or provide forward-looking guidance.
6y agoTECD10 Tech Data Leaders Named 2020 Women of the Channel by CRNBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that CRN®, a brand of The Channel Company, has recognized 10 Tech Data executives across the globe to its esteemed 2020 Women of the Channel list. In addition, three of the honorees have also been named to this year’s elite CRN “Power 100” list.
6y agoTECDDLT Solutions Selected by Kemp Technologies as Its U.S. Public Sector DistributorPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, has been...
6y agoTECDTech Data Launches Modern Workplace with Secure Solution through the Cloud Solution FactoryBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has expanded its Cloud Solution Factory offering with the addition of Modern Workplace with Microsoft Secure Score that establishes a security baseline for Office 365 users with automated policy enforcement.
6y agoTECDDLT Solutions Appoints Chris Wilkinson as PresidentPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, today announced...
6y agoTECDDLT Solutions Adds Oracle Cloud Services and Hardware to GSA IT Schedule 70 ContractPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, has expanded the ...
6y agoTECDTech Data Receives a 5-Star Rating in the 2020 CRN® Partner Program Guide for its Digital Cloud Practice Builder and IoT and Analytics Practice Builder RoadshowBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that its Digital Cloud Practice Builder and IoT and Analytics Practice Builder Roadshow both received a 5-Star rating from CRN®, a brand of The Channel Company, in its 2020 Partner Program Guide – an annual listing of the most rewarding partner programs from technology companies that provide products and services through t ...
6y agoTECDTech Data to Appeal French Competition Authority’s Antitrust DecisionBusiness WireBARCELONA, Spain--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it disagrees with and will be appealing the findings and legal reasoning of the French Competition Authority (FCA) in its decision against Tech Data. The case concerns the FCA’s antitrust investigation regarding the distribution of Apple products (excluding the iPhone) in France between 2005 and 2013.
6y agoTECD APOTech Data Corporation Reports Fourth Quarter and Fiscal Year 2020 ResultsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the fourth quarter and fiscal year ended January 31, 2020.
6y agoALL ORCL DJCO APO+6Warren Buffett Poised to Address Missed Deals With Cash Pile GrowingBloombergWarren Buffett tends to rejoice when he sees a company buying back underpriced shares. At his own Berkshire Hathaway Inc., which underperformed the stock market last year by the widest margin in a decade, an increase in repurchases might not be cause for celebration.
6y agoTECDTech Data to Announce Fourth Quarter and Fiscal Year 2020 Results on March 5Business WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that it will report its results for the fourth quarter and fiscal year ended Jan. 31, 2020, before the market opens on Thursday, March 5, 2020. As previously announced, due to the pending acquisition by affiliates of the Apollo Funds, Tech Data will not host an earnings conference call or provide forward-looking guidance.
6y agoTECDDLT Solutions Launches Secure Software Factory to Enable Continuous Integration and Continuous Delivery of ApplicationsPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, has launched the ...
6y agoTECDTech Data Expands Amazon Web Services Cloud Support Capabilities through Partnership with nOpsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that it has partnered with nOps, a provider of a leading software-as-a-service (SaaS) cloud management platform for Amazon Web Services (AWS).
6y agoTECDCyberinc Expands North American Channel Program, Adding Tech Data as a Principal Distributor of the Isla Isolation PlatformPR NewswireCyberinc, a pioneer in isolation-based cybersecurity solutions, today announced an agreement with Tech Data (Nasdaq: TECD), a leading global...
6y agoTECDTech Data Partners with Software AG to Connect and Integrate Disparate Data and Business SolutionsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has partnered with Software AG, a leading enterprise software provider in the areas of hybrid and B2B integration, Internet of Things (IoT), analytics, process and services. Software AG offerings will enable Tech Data partners to drive innovation with their customers by helping them connect and integrate virtually every ...
6y agoTECDDLT Solutions Expands Its Technology Vendor Portfolio in Support of U.S. Public Sector MissionsPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, has added new...
6y agoTECDFive Tech Data Executives Recognized on CRN’s 2020 Channel Chiefs ListBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) is pleased to announce that CRN®, a brand of The Channel Company, has named five Tech Data leaders to its prestigious list of 2020 Channel Chiefs. This annual list recognizes the top executives who demonstrate exemplary leadership, influence, innovation and growth for the IT channel.
6y agoTECDInflow Technologies Withdraws from Acquisition by Tech DataBusiness WireSINGAPORE--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that Inflow Technologies has exercised its right to withdraw from closing its acquisition by Tech Data. As a result, Inflow has paid a break fee to Tech Data, as outlined in the original acquisition agreement, which was announced on Dec. 16, 2019.
6y agoTECDDLT Solutions Selected by BMC as Its Preferred U.S. Federal Government DistributorPR NewswireDLT Solutions, LLC., a wholly owned subsidiary of Tech Data (Nasdaq: TECD) and a premier government technology solutions aggregator, has been...
6y agoTECDTech Data Named a Fortune World’s Most Admired Company for 11th Consecutive YearBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has been named one of the “World’s Most Admired Companies” by Fortune for the 11th consecutive year. The company scored second overall in the Wholesalers: Electronics and Office Equipment category.
6y agoTECDTech Data and Lifesize Partner to Bring Video Communication Solutions to Organizations Across Australia and New ZealandBusiness WireAUSTIN, Texas--(BUSINESS WIRE)--Lifesize®, a global innovator of video collaboration and meeting productivity solutions, today announced a new distribution partnership with Tech Data (Nasdaq: TECD) to more effectively deliver Lifesize meeting room systems and video conferencing services to a broader portion of the Australia and New Zealand (ANZ) region.
6y agoTECDSocionext Collaborates with Foxconn and Network Optix to Deliver Intelligent and Scalable Edge-AI Solutions for Retail and Manufacturing MarketsPR NewswireSocionext Inc., a world leading system-on-chip (SoC) solutions provider, has introduced new, intelligent, scalable edge-AI solutions developed in...
6y agoTIF AMTD TECD MFSFMoore Kuehn, PLLC Encourages Tiffany & Co. (TIF), TD Ameritrade (AMTD), Tech Data Corp. (TECD), and MutualFirst Financial (MFSF) Investors to Contact FirmPR NewswireMoore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims concerning whether the...
6y agoTECD APOTech Data Announces Expiration of “Go-Shop” PeriodBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced the expiration of the “go-shop” period provided for under the terms of the previously announced definitive agreement (the “Merger Agreement”) in which Tiger Midco, LLC (“Parent”), an affiliate of funds managed by affiliates of Apollo Global Management (NYSE: APO), will acquire all of the outstanding shares of Tech Data com ...
6y agoTECDTech Data Completes Acquisition of DLT SolutionsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has completed its acquisition of DLT Solutions, a premier software and cloud solutions aggregator focused on the U.S. public sector. DLT Solutions is now a wholly owned subsidiary of Tech Data and complements the company’s existing public sector business with additional expertise and resources to accelerate growth and s ...
6y agoTECD APOTech Data Enters into an Amendment to its Definitive Agreement to Be Acquired by Funds Managed by Affiliates of Apollo Global Management at an Increased Consideration Amount of $145 Per Share in CashBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that it has entered into an amendment (the “Amendment”) to its previously announced definitive agreement (the “Original Agreement”) in which Tiger Midco, LLC (“Parent”), an affiliate of funds managed by affiliates of Apollo Global Management (NYSE: APO), will acquire all of the outstanding shares of Tech Data common stock. ...
6y agoTECD APOTech Data Reports Third Quarter Fiscal Year 2020 ResultsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the third quarter ended October 31, 2019.
6y agoTECDSTOCKHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of TECH DATA CORPORATION - TECDPR NewswireJuan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in ...
7y agoTECD APOTech Data Enters Definitive Agreement to Be Acquired by Funds Managed by Affiliates of Apollo Global Management for $130 Per Share in CashBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has entered into a definitive agreement to be acquired by an affiliate of funds (the “Apollo Funds”) managed by affiliates of Apollo Global Management, Inc. (NYSE: APO), a leading global alternative investment manager (“Apollo”). Through the agreement, the affiliate of the Apollo Funds will acquire all of the outstandin ...
7y agoTECDTech Data Recognized for Advancing Gender Parity in the Board RoomBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) was recognized by the Women’s Forum of New York for achieving at least 30 percent representation of women on its Board of Directors. The honor was received during the fifth annual Breakfast of Corporate Champions, which recognizes S&P 500 and Fortune 1,000 companies that exceed the national average of Board seats held by women and are lea ...
7y agoTECDDLT Solutions to be Acquired by Tech DataBusiness WireHERNDON, Va.--(BUSINESS WIRE)--DLT Solutions, the premier government solutions aggregator, announced today that it has entered into a definitive agreement to be acquired by Tech Data (Nasdaq: TECD). Upon closing of the transaction, DLT will become a wholly owned subsidiary of Tech Data.
7y agoTECDDLT Solutions to be Acquired by Tech DataPR NewswireDLT Solutions, the premier government solutions aggregator, announced today that it has entered into a definitive agreement to be acquired by Tech...
7y agoTECDTech Data Announces Agreement To Acquire DLT SolutionsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has entered into an agreement to acquire DLT Solutions, a premier software and cloud solutions aggregator focused on the U.S. public sector. Upon closing of the transaction, DLT will become a wholly owned subsidiary of Tech Data. The acquisition is subject to customary regulatory approvals and is expected to close durin ...
7y agoTECDTech Data CEO Signs the Hispanic PromiseBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that chief executive officer Rich Hume has signed the Hispanic Promise. By joining more than 45 other corporations in a public commitment to champion Hispanics in the U.S. workplace, Tech Data reinforces its Diversity and Inclusion mission to cultivate an environment of inclusion to enrich the company, its culture and coll ...
7y agoTECDTech Data’s Maghen Hannigan Named One of CRN’s “100 People You Don’t Know But Should”Business WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq:TECD) today announced that Maghen Hannigan, director, Multi-Vendor Solutions, has been recognized as one of the IT channel’s “100 People You Don’t Know But Should” for 2019 by CRN®, a brand of The Channel Company. This annual list honors IT channel contributors from the industry’s top vendors and distributors who work tirelessly to support chann ...
7y agoTECDTech Data Announces $200 Million Increase in Share Repurchase ProgramBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) (the “company”) today announced that its Board of Directors has authorized an additional $200 million in share repurchases of the company's common stock. This authorization will supplement the $75 million that remained authorized and available, as of July 31, 2019, under the company's previous share repurchase program.
7y agoTECDTech Data Reports Second Quarter Fiscal Year 2020 ResultsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the second quarter ended July 31, 2019.
7y agoTECDTech Data to Announce Second Quarter Fiscal 2020 Results on August 29Business WireCLEARWATER, Fla.,--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced the following information regarding the release of its second quarter fiscal year 2020 results.
7y agoTECDTech Data Expands Cloud Solution Factory with Outcome-Based OfferingsBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has expanded its catalog of outcome-based solutions within the Cloud Solution Factory. With the expanded catalog, customers will have access to a new variety of fully vetted click-to-run solutions that address a multitude of business challenges.
7y agoTECDTech Data Expands Cloud Practice BuilderBusiness WireCLEARWATER, Fla.,--(BUSINESS WIRE)--Today Tech Data (Nasdaq: TECD) announced it has expanded its digital Cloud Practice Builder program to include interactive solutions-focused paths and vendor-specific enablement programs. These new additions offer technology solution providers with a single source for growing diversified cloud practices by quickly assessing, mapping and building expanded practic ...
7y agoTECDTech Data Announces Solution Catalog and Accelerated Enablement for Analytics and IoTBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today launched its new Analytics and IoT Solution Catalog, featuring over 30 market-ready, vetted solutions with proven outcomes for specific use cases in healthcare, industrial, retail, transportation and logistics, and smart cities—among other vertical markets. The Solution Catalog lowers partners’ barriers to entry and speeds their tim ...
7y agoTECDTech Data Signs CEO Action for Diversity & Inclusion PledgeBusiness WireCLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced that chief executive officer Rich Hume has signed the CEO Action for Diversity & Inclusion™ pledge. By joining more than 700 other companies whose CEOs have signed the pledge, Tech Data is reinforcing its Diversity and Inclusion (D&I) mission, which is to build an environment of inclusion for its diverse workforce and ther ...