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TD SYNNEX completes acquisition of IPsense's cloud migration business in Brazil

Dec 04, 2024•about 1 year ago

Acquiring Company

TD SYNNEX

Acquired Company

IPsense

FremontRio de Janeiroinformation technology & servicesCyber SecurityInformation TechnologySoftwareAnalyticsConsultingMachine Learning

Description

TD SYNNEX, a global distributor and solutions aggregator for the IT ecosystem, has successfully completed the acquisition of IPsense's cloud migration business. This acquisition enhances TD SYNNEX's capabilities to provide even greater value to its business partners, enabling them to better capitalize on cloud-related opportunities.

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