TD SYNNEX CORPORATION

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Delayed Nyse  -  05/20 04:00:01 pm EDT
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TECH DATA APPOINTED DISTRIBUTOR FOR MSIS GAMING LAPTOP RANGE

01/25/2022 | 07:57am EDT

* Major opportunities for partner growth in PC gaming and eSports in education

* Looking to extend reach of MSI to more partners across the UK

Basingstoke -- of Tech Data (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=60e1a9f044&e=244bc0ef58) , a TD SYNNEX (NYSE: SNX) company, has formed a new distribution partnership with MSI for its leading range of laptops aimed at consumers and education customers. The partnership gives retailers and webstores access to Tech Datas strengths in stockholding, logistics, business development, and credit and financial services.

Tech Data will be working both with existing MSI partners and through its established network of partners across the UK looking to extend the vendors reach into the gaming and education markets.

Jay Allen, business unit manager, PC Systems, UK and Ireland, Tech Data, said: MSIs gaming laptops have a reputation for top performance, distinctive looks, quality, and reliability. Its a fantastic addition to our portfolio and this agreement enables specialist retailer and webstore partners to take advantage of our exceptional distribution services and expert marketing and business development capabilities to support their growth ambitions. With the meteoric growth of PC gaming and eSports especially in education there are great opportunities out there, so this is the perfect time for Tech Data to give partners an extended choice of options.

We are very excited to announce our partnership with Tech Data, said Jeff Kuo, general manager, MSI Notebook UK. We are confident Tech Data will provide our partners with improved access to our diverse, world-leading range of gaming laptops. Extending our availability and reach in the UK market will allow us to place additional focus on our mission to develop and deliver best-in-class products that empower gamers, creators and business elites across the globe.

Built to rigorous quality controls, MSIs systems offer customers a completely reliable, high-performance experience. It has distinct product ranges designed to meet the particular needs of mobile and desktop gamers and professional users. Firmly established as a world-leading and trusted brand in true PC gaming, eSports, as well as video gaming and other creative sectors, MSI in renowned for its pursuit of excellence, break-through designs, and technological innovation.

--- ENDS ---

About Tech Data

Tech Data is a TD SYNNEX company. TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. Were 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 (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=a7a96b979b&e=244bc0ef58) ,

LinkedIn (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=afd2cc48ff&e=244bc0ef58) ,

Facebook (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=4994e41fd6&e=244bc0ef58) and

Instagram (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=ab75d556a7&e=244bc0ef58) .

About MSI

MSI is a world leader in gaming, content creation, business and productivity and AIoT solutions. Bolstered by its cutting-edge R&D capabilities and customer-driven innovation, MSI has a wide-ranging global presence spanning over 120 countries. Its comprehensive line-up of laptops, graphics cards, monitors, motherboards, desktops, peripherals, servers, IPCs, robotic appliances, and vehicle infotainment and telematics systems are globally acclaimed. Committed to advancing user experiences through the finest product quality, intuitive user interface and design aesthetics, MSI is a leading brand that shapes the future of technology.

For further information contact:

** Linda Patterson Group Marketing Director Tech Data UK Tel: 01256 864611 Mob: 07801 925345 Email: linda.patterson@techdata.com (mailto:linda.patterson@techdata.com)

Neville Street Channelstar Media T: 01743 246917 M: 07967 717259 E: nev@channelstar.co.uk (mailto:nev@stellasix.com)

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 62 510 M - -
Net income 2022 595 M - -
Net Debt 2022 - - -
P/E ratio 2022 13,2x
Yield 2022 1,25%
Capitalization 9 233 M 9 233 M -
Capi. / Sales 2022 0,15x
Capi. / Sales 2023 0,14x
Nbr of Employees 22 000
Free-Float 85,8%
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Number of Analysts 8
Last Close Price 96,07 $
Average target price 147,25 $
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Richard T. Hume President, Chief Executive Officer & Director
Marshall W. Witt Chief Financial Officer
Dennis Polk Executive Chairman
Bo Li Senior Vice President-Information Technology
Bonnie K. Smith Chief Information Officer
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