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ScanSource acquires Advantix to launch Integrated Solutions and Services Group

PUBLIC · SCSCAug 16, 2024

Acquiring Company

ScanSource

Acquired Company

Advantix

GreenvilleFriscoInformation TechnologyHardwareSoftwareSaaSCloud InfrastructureHardwareSoftwareWireless

Description

ScanSource, Inc. announced the launch of its Integrated Solutions and Services group with the acquisition of Advantix, a managed connectivity experience provider. This acquisition aims to provide hardware value-added resellers the opportunity to combine connectivity with hardware, software, and services, bringing additional value to the hardware sale and enabling a complete hybrid solution.

Quick answer

ScanSource is acquiring Advantix, announced August 16, 2024. ScanSource is based in Greenville, South Carolina, United States.

How much did ScanSource pay for Advantix?
The deal value was not disclosed.
What does ScanSource do?
ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud.
Where are ScanSource and Advantix based?
ScanSource is based in Greenville, South Carolina, United States. Advantix is based in Frisco, Texas, United States.
Who are the decision-makers at ScanSource?
Fundz holds 4 contacts at ScanSource. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

ScanSource

Location

Greenville, South Carolina, United States

About

ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud. ScanSource enables customers to deliver solutions for their end users to address changing buying and consumption patterns. ScanSource sells through multiple, specialized routes-to-market with hardware, SaaS, connectivity and cloud services offerings from the world’s leading suppliers of point-of-sale (POS), payments, barcode, physical security, unified communications and collaboration, telecom and cloud services. Founded in 1992 and headquartered in Greenville, South Carolina, ScanSource was named one of the 2023 Best Places to Work in South Carolina and on FORTUNE magazine’s 2023 List of World’s Most Admired Companies. ScanSource ranks #817 on the Fortune 1000. For more information, visit www.scansource.com.

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Frequently asked

Who acquired Advantix?

Advantix was acquired by ScanSource, based in Greenville. The deal was reported on August 16, 2024. ScanSource, Inc. (NASDAQ: SCSC) is a leading hybrid distributor connecting devices to the cloud and accelerating growth for customers across hardware, SaaS, connectivity and cloud. ScanSource is publicly traded (SCSC) and operates in Information Technology.

When did ScanSource acquire Advantix?

ScanSource's acquisition of Advantix was reported on August 16, 2024. ScanSource, Inc. announced the launch of its Integrated Solutions and Services group with the acquisition of Advantix, a managed connectivity experience provider. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Advantix do?

Advantix, a global leader in telecom lifecycle management solutions, leverages its expense management software, carrier APIs and end-to-end professional services to integrate, connect and manage any device and network. It is privately held, operating in Hardware, and is based in Frisco.

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