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TD SYNNEX acquires Apptium for digital transformation

Jul 02, 20256 months ago

Acquiring Company

TD SYNNEX

Acquired Company

Apptium

FremontRestoninformation technology & servicesCyber SecurityInformation TechnologySoftwareAnalyticsMarketplaceE CommerceInformation TechnologySoftware

Description

TD SYNNEX has acquired Apptium, enhancing its technology solutions orchestration strategy. This acquisition strengthens TD SYNNEX's cloud and everything-as-a-service (XaaS) offerings. Apptium will continue to operate as a subsidiary, maintaining its innovative culture while providing increased value to customers and vendors.

Company Information

Company

TD SYNNEX

Location

44201 Nobel Dr

Fremont, California, United States

About

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem, helping over 150,000 customers in 100+ countries maximize technology investments and drive growth. Headquartered in Clearwater, Florida, and Fremont, California, our 23,000 co-workers connect 2,500+ best-in-class technology vendors across high-growth areas such as cloud, cybersecurity, AI, IoT, and big data. Committed to innovation, sustainability, and inclusion, TD SYNNEX is dedicated to empowering customers, communities, and our people worldwide.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed