WebNov 13, 2024 · It had debt and cash on hand as of the end of July of $1.3 billion and $738 million, respectively. Tech Data has lower operating margins than some of its peers, as it invests in expanding its... WebThis distributor and retailer of tech components and IT services was founded in 1921 and is headquartered in Phoenix. ... Tech Why Tech Data Dropped $2.6 Billion to Buy Avnet’s Technology ...
Tech Data buys Avnet TS for $2.6bn in distribution mega-merger
WebSep 19, 2016 · The Tech Data-Avnet deal is worth $2.6 billion, consisting of $2.4 billion in cash and 2.785 million shares of Tech Data stock. Both Tech Data (TECD) and the … WebFeb 27, 2024 · Avnet Technology Solutions partners hope that the close of Tech Data's $2.6 billion acquisition will unlock a broader line card while maintaining access to key pre-sales and marketing contacts. dr andrew perry
Avnet, Inc. (AVT) Company Profile, News, Rankings Fortune
WebSep 19, 2016 · Tech Data is buying the technology solutions business of Avnet for $2.8 billion, including $2.4 billion in cash. Tech Data says the deal will "significantly" boost … WebSep 19, 2016 · Avnet, Inc. (NYSE: AVT) announced that it has entered into an agreement to sell its Technology Solutions operating group to Tech Data Corporation (Nasdaq: TECD) in a stock and cash... WebFeb 28, 2024 · Avnet will receive $2.4 billion in cash and $245 million based on the closing share price of Tech Data on Feb 25, 2024. The two IT distributor giants had entered into the agreement in Sep 2016. dr andrew perrott