Westcon-Synnex deal did not come at the optimum time for us, Datatec CEO admits

Sam Trendall
clock • 3 min read

US distributor Synnex snaps up Westcon-Comstor's North and Latin American businesses for $800m, and buys 10 per cent stake in European/international arm for $30m

After months of mystery and speculation, Synnex has been confirmed as the soon-to-be new owner of Datatec's distribution arm Westcon-Comstor, after agreeing an $800m (€711.3m) buyout. In addition t...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Wavenet and Daisy Corporate Services confirm merger

Reseller

The deal is expected to create a £1bn+ entity

clock 03 May 2024 • 2 min read
Logicalis achieves SBTi approval

Reseller

MSP is on track to achieve net zero by 2050 and carbon neutral on scope 1 and 2 by 2025

clock 22 April 2024 • 2 min read
Logicalis achieves Cisco's sustainable campus access add-on specialisation

Reseller

The IT reseller said it reflects "unwavering commitment to sustainability" to enable customers to reduce carbon emissions from digital infrastructure

clock 19 March 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Distributor

Climb Channel Solutions moves to further fuel EMEA expansion with new hires

Climb Channel Solutions moves to further fuel EMEA expansion with new hires

Global distie brings on board a host of European directors and VPs to spearhead growth in the region

Kelsey Rees
clock 08 May 2024 • 3 min read
Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Specialist distie Titan promotes Jackson, Low as it sets its sights on £100m

Titan is emerging from its pandemic-marked early years to tackle the next big milestone

clock 02 May 2024 • 2 min read
Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Sophos signs Infinigate as it pursues expansion with small and medium MSPs

Partnership provides route to market for Sophos' newly launched Partner Care programme

clock 02 May 2024 • 1 min read