SYNNEX

SYNNEX

Provides business-to-business services that help customers and business partners grow and enhance their customer-engagement strategies. Learn more

Launch date
Employees
Market cap
AUD14.7b
Enterprise valuation
AUD20.0b (Public information from Sep 2024)
Fremont California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues20.0b31.6b62.3b57.6b57.3b60.5b63.6b
% growth(16 %)58 %97 %(8 %)-5 %5 %
EBITDA857m736m1.3b1.7b1.8b1.9b1.9b
% EBITDA margin4 %2 %2 %3 %3 %3 %3 %
Profit529m395m651m627m730m902m951m
% profit margin3 %1 %1 %1 %1 %1 %1 %
EV / revenue0.4x0.3x0.2x0.2x0.2x0.2x0.2x
EV / EBITDA9.6x13.5x10.5x7.0x7.4x6.7x6.3x
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DateInvestorsAmountRound
N/A

N/A

IPO
*
N/A

N/A

Secondary
Total Funding-

Recent News about SYNNEX

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More about SYNNEXinfo icon
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TD SYNNEX Corporation (NYSE: SNX) is a prominent player in the IT distribution and solutions aggregation market. The company is dedicated to delivering cutting-edge technology products, services, and solutions to a diverse range of clients, including IT resellers, retail customers, and businesses in the U.S., Canada, and Japan. With a portfolio of over 30,000 technology products from more than 500 leading and emerging manufacturers, TD SYNNEX ensures that its partners can sustainably grow their businesses.

The company operates in the IT and consumer electronics markets, focusing on maximizing the value of IT investments for its clients. TD SYNNEX's business model revolves around distributing technology products and providing comprehensive solutions, including systems design and integration for data center servers and storage solutions. This means they help design and put together the hardware and software needed for large data centers. Additionally, they distribute licensed software products, ensuring a broad spectrum of IT needs are met.

TD SYNNEX makes money through the sale of these technology products and solutions, earning revenue from both the distribution of physical products and the provision of specialized IT services. Their customer engagement services further enhance their value proposition by helping clients achieve greater efficiencies in time to market, cost minimization, real-time supply chain linkages, and aftermarket product support.

The company is also committed to being a diverse and inclusive employer and a responsible corporate citizen. This is reflected in their community initiatives, such as the TD SYNNEX Share The Magic program, which has raised over $22 million to support families across North America.

In summary, TD SYNNEX Corporation is a key IT distributor and solutions provider, serving a wide range of clients with a comprehensive suite of technology products and services designed to drive business growth and efficiency.

Keywords: IT distribution, technology solutions, data center integration, licensed software, customer engagement, supply chain efficiency, cost minimization, retail customers, diverse employer, corporate citizenship.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by SYNNEX

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Jack of All Games
ACQUISITION by SYNNEX Dec 2009
Convergys
ACQUISITION by SYNNEX Jun 2018
Westcon-Comstor
ACQUISITION by SYNNEX Jun 2017
Concentrix Corporation
ACQUISITION by SYNNEX Sep 2006
Tech Data
ACQUISITION by SYNNEX Mar 2021
VisionMAX
ACQUISITION by SYNNEX Nov 2011