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TD SYNNEX CORPORATION

(SNX)
  Report
Delayed Nyse  -  04:00:02 2023-02-03 pm EST
104.95 USD   -0.08%
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09:01aTD SYNNEX Named a 2023 Fortune World's Most Admired Company
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TD SYNNEX MAVERICK FORMS PARTNERSHIP WITH AUDIOVISUAL CONNECTIVITY SPECIALIST ATEN; Gives partners installing smart meeting rooms and video conferencing systems more options - with a full range of Pro AV and USB connectivity solutions available

11/21/2022 | 09:42am EST

Basingstoke - TD SYNNEX Maverick, the smart spaces technology specialist business of TD SYNNEX (NYSE: SNX), has formed a partnership with leading connectivity and management solution specialists, ATEN, in a move designed to strengthen its portfolio of AV/IT connectivity and management solutions. The new partnership sees Maverick providing Pro AV solutions across UK and Ireland with access to ATEN's entire line of accessories to its partner ecosystem.

Anup Rai, go-to-market development manager, UK, Maverick, said we're excited to have the ATEN brand on board. With its complete line of professional AV products and solutions, we're confident that ATEN will quickly become a key supplier, partnering with us to deliver the latest and smartest AV and USB technology.

"Our partners are already doing a brilliant job in meeting the growth in demand for smart meeting room and collaboration systems. The addition of ATEN to our portfolio of best-in-class brands provides our partners with an opportunity to offer their customers a complete range of integrated connectivity and management solutions that deliver world-class performance and reliability," added Rai.

"The partnership with Maverick will allow ATEN to tap into and expand its reach into many more specialist and B2B partners and support its growth in the UK market with industry leading products. Brian Hsiao, director, ATEN UK, said: "Maverick has a tremendous reputation and reach in the audiovisual market. We are greatly looking forward to this partnership and alongside TD SYNNEX, ATEN can offer both transformative and unrivalled resources to its partners. We will be working closely with the Maverick team to deliver all the AV and USB products, service and support needed to grow, develop and maintain business for our mutual partners."

--- ENDS ---

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 LinkedIn, Twitter, Facebook and Instagram.

For further information contact:

Linda Patterson

Group Marketing Director

Tech Data UK

Tel: 01256 864611

Mob: 07801 925345

Email: linda.patterson@tdsynnex.com

ATEN, established in 1979, is a specialist in connectivity and management solutions in accessing and sharing technologies. ATEN consolidates all of its products and services under one brand - ATEN, in order to provide an efficient and consistent service standard. The ATEN brand consists of innovative solutions applied to connectivity, professional audio/video, and green energy, for consumers, small/home offices (SOHO), small to medium sized businesses (SMB), and enterprise customers.

ATEN´s SOHO and SMB solutions offer a series of cable KVM, desktop KVM, and LCD KVM products. The Enterprise solutions offer a series of Over IP solutions that allow customers to effectively manage IT infrastructure from anywhere in the world. The Professional Audio / Video line offers integrated video solutions for home and professional use for a variety of uses including corporate, education, hospitality, commercial and home theatre applications. The recently developed Green Energy line offers energy-saving solutions for the data centre with a range of intelligent PDUs that provide real-time energy management and performance indicators locally and remotely.

ATEN specialises in connectivity and management solutions. We distribute our products through a global sales network to meet a broad range of customer needs. ATEN delivers and we care about our customers. We are committed to the best customer support in the industry.

Neville Street

Channelstar Media

T: 01743 246917

M: 07967 717259

E: nev@channelstar.co.uk

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2023 64 561 M - -
Net income 2023 811 M - -
Net Debt 2023 2 688 M - -
P/E ratio 2023 12,0x
Yield 2023 1,33%
Capitalization 9 930 M 9 930 M -
EV / Sales 2023 0,20x
EV / Sales 2024 0,17x
Nbr of Employees 23 500
Free-Float 84,8%
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Number of Analysts 10
Last Close Price 104,95 $
Average target price 129,50 $
Spread / Average Target 23,4%
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Managers and Directors
Richard T. Hume President, Chief Executive Officer & Director
Marshall W. Witt Chief Financial Officer
Dennis J. Polk Executive Chairman
Bo Li Senior Vice President-Information Technology
Bonnie K. Smith Chief Information Officer
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