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TD SYNNEX CORPORATION

(SNX)
  Report
Delayed Nyse  -  04:00 2022-10-05 pm EDT
86.70 USD   -1.28%
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TECH DATA TO OPEN UP EMAIL SECURITY POTENTIAL WITH PROOFPOINT; The companies will work together to extend the reach of proven solutions to more security partners with full-on-boarding and expert support from Tech Datas Security Practice

07/19/2022 | 06:33am EDT

Basingstoke -- Tech Data (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=862c6e5762&e=244bc0ef58) , a TD SYNNEX (NYSE SNX) company and Proofpoint (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=eb9fbeea5c&e=244bc0ef58) , a leading provider of cybersecurity solutions, have formed a partnership aimed at taking Proofpoint's tried and tested enterprise-grade email security solutions to more partners in the UK channel.

Following its success in accelerating growth with specialised Proofpoint partners and in key growth technologies, Tech Data is now ready to drive more revenue through the wider security partner community with the Proofpoint portfolio, said Alison Nixon, business unit director security, UK and Ireland, at Tech Data.

Email protection is a vital element of perimeter defences for all organisations now from the largest global enterprise to small businesses with just a handful of workers and we see huge potential for our security partners to grow with Proofpoint. We have sales and technical resources primed and ready to support partners, so we are ready to hit the ground running. Well be looking to work with existing partners and to bring on-board new partners, and to help them capitalise on the strong and growing reputation that Proofpoint has for providing rock-solid email protection.

Proofpoint joins a formidable line-up of leading security solutions that are now available from Tech Data. Tech Data's dedicated security practice has a team of more than 40 experts who provide pre-sales business development and technical support to partners. It also offers a range of managed security services and through the Practice Builder methodology, provides enablement and competency training that helps partners develop their own expertise and deliver value-added service to their own customers.

Regardless of the level of sophistication, modern cyberattacks tend to share one common trait they target the inbox. Email, and in particular corporate email, remains the number one way cybercriminals target organisations, commented Neill Burton, vice president of channels and alliances, EMEA at Proofpoint. Proofpoint is the first company to integrate a people-centric view into its security platform to easily identify vulnerable users and create a tailored security approach to best protect each individual employee. This expanded relationship with Tech Data delivers first class protection that meets the needs of organisations facing todays fast-evolving threat landscape and further enforces Proofpoint's commitment to its channel business in the UK.

Proofpoint Email Protection solutions can be deployed as a cloud service or on premises. It protects organisations against malware and threats that don't involve malware, including imposter email, or business email compromise (BEC).

To compliment email security, Tech Data will also specialise in Proofpoint's award-winning Security Awareness Training solution that helps organisations raise knowledge of how to minimise risk when using email and online services. By delivering a holistic education, training and in email tags, partners will be able to support their customers with a unified Email and Awareness platform.

Finally, in addition to protecting against advanced email threats, Tech Data will launch Proofpoint's enterprise portfolio including Insider Threat Management (ITM) solution, Security Service Edge and leading Email Data Loss Prevention (DLP) that help organisations mitigate the risk of data loss.

Picture: Alison Nixon, Tech Data.

https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=b0d36b2c62&e=244bc0ef58

--- 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=1040a71010&e=244bc0ef58) ,

LinkedIn (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=8d109966cc&e=244bc0ef58) ,

Facebook (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=40f70ee7d5&e=244bc0ef58) and

Instagram (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=28645a865f&e=244bc0ef58) .

** 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)

About Proofpoint, Inc.

Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including 75 percent of the Fortune 100, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web.

More information is available at www.proofpoint.com Connect with Proofpoint:

Twitter (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=02919ed973&e=244bc0ef58) |

LinkedIn (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=091ef8bae1&e=244bc0ef58) |

Facebook (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=fa89396cfe&e=244bc0ef58) |

YouTube (https://channelstar.us14.list-manage.com/track/click?u=cb64b975bf45371e740fe24cc&id=a1756f8872&e=244bc0ef58)

Proofpoint is a registered trademark or tradename of Proofpoint, Inc. in the U.S. and/or other countries. All other trademarks contained herein 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)

.

(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials (USD)
Sales 2022 61 909 M - -
Net income 2022 597 M - -
Net Debt 2022 3 101 M - -
P/E ratio 2022 13,5x
Yield 2022 1,38%
Capitalization 8 284 M 8 284 M -
EV / Sales 2022 0,18x
EV / Sales 2023 0,17x
Nbr of Employees 22 000
Free-Float 85,0%
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 10
Last Close Price 86,70 $
Average target price 125,60 $
Spread / Average Target 44,9%
EPS Revisions
Managers and Directors
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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