TD Synnex ‘Performing Well’ Post Merger
Hume also provided an update on the TD Synnex business, five months after closing a $7.2 billion merger between Tech Data and Synnex. Last month it announced its first quarter-end results since the merger, posting revenues of $15.6 billion for the quarter.
“Largely speaking, our businesses all performed well, consistent with our expectation in [the fourth quarter],” he said.
Hume pointed to the complexities of COVID, a major merger and the “pretty significant demands” from vendors and customers.
“We are passionate about making sure that our stakeholders are properly served as we’re executing our business,” he said. “The business partner ecosystem for the last two years has had an amazing impact on allowing the end user customer to run, manage and execute their businesses in a very different paradigm. And that continued in the fourth quarter.”