BARCELONA, Spain -- Tech Data (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=14310f5dce&e=244bc0ef58) , a TD SYNNEX (NYSE: SNX) company, today announced the acquisition of the specialist hosted platform provider Advanced Technology Trading (ATTCo) (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=7bfc2206fd&e=244bc0ef58) and its subsidiary EKM Global Limited (EKM) (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=d128130329&e=244bc0ef58) .

The transaction accelerates Tech Data's ability to offer innovative and flexible technology-as-a-service (TaaS) and remote service automation enablement to its IT ecosystem partners. ATTCo's online platform which is fully integrated with Tech Data's ecommerce tools and connects with a growing list of recognised finance partners enables end customers to manage a fully automated, cost effective, easy-to-manage, end-to-end process for hardware, software and services subscriptions. Meanwhile, the EKM solution enables partners to remotely manage printing and imaging device fleets at scale on behalf of our partners end user customers.

According to recent research (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=ea62ed1550&e=244bc0ef58) , the as-a-service market is expected to grow from USD 50.3 billion in 2021 to USD 303.6 billion by 2026 at a CAGR of 43.2 percent, with growth substantially driven by small and medium sized businesses, who will move increasingly to a subscription-based model for their IT, smartphone and peripherals purchases. In order to help its partners to address this growth area, Tech Data has built a comprehensive services portfolio focusing on TaaS, lifecycle management, sustainability and automated remote service management, supported by investment in a strengthened team across the European region and additional targeted acquisitions, such as Finance Technology (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=16a20f94c7&e=244bc0ef58) , announced earlier this year.

Roman Rudolf, vice president, strategy and services Endpoint Solutions, Europe at Tech Data, said: This acquisition is a further demonstration of Tech Data's commitment to investing in digital capabilities that drive greater agility and growth for the IT ecosystem. The ATTCo and EKM platforms will enable Tech Data partners to position themselves at the forefront of the fast-growing XaaS and managed print services markets. They bring unrivalled customer experience built on robust technology to cut through complexity and reduce time to market when developing service-based solutions. We look forward to welcoming the ATTCo and EKM team to Tech Data and to accelerating the adoption of their platforms.

To find out more about Tech Datas TaaS and managed printing services offerings, interested parties should contact their local Tech Data representative.

Picture: Roman Rudolf, Tech Data.

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** 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

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Media Contact:

George Troughton Communications Manager, Europe +34 932970222 George.Troughton@techdata.eu (mailto:George.Troughton@techdata.eu)

Safe Harbor Statement Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

2021 TD SYNNEX Corporation. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

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

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