Company information
- Ticker
- SNX
- Country
- United States
- Sector
- Information Technology
- Industry
- Tech Hardware
TD SYNNEX Business Summary
TD SYNNEX (SNX) operates as a leading global distributor and solutions aggregator for the information technology ecosystem, generating revenue through high-volume transactions of hardware, software, and integrated systems. The company’s business is bifurcated into two primary solutions portfolios: Endpoint Solutions, which focuses on personal computing devices and peripherals, and Advanced Solutions, which targets high-growth technologies including hybrid cloud, cybersecurity, and networking. Additionally, its Hyve Solutions segment provides specialized, rack-level infrastructure for hyperscale data centers. As of early 2026, TD SYNNEX maintains a dominant market position alongside its primary rival Ingram Micro, effectively forming a global duopoly in the IT distribution sector, while also competing directly with specialized distributors like Arrow Electronics and value-added resellers such as CDW. The company is the product of a 2021 merger between Tech Data, founded in 1974 by Edward C. Raymund, and SYNNEX Corporation, established in 1980 by Robert T. Huang. The current leadership team is headed by CEO Patrick Zammit, who assumed the role in September 2024 after serving as COO, and CFO David Jordan, who was appointed in October 2025 to succeed Marshall Witt. Other key executives include Sergio Farache as Chief Strategy and Technology Officer and Kristie Grinnell as CIO. The board is chaired by Ann Vezina and includes industry veterans such as former CEOs Rich Hume and Dennis Polk, as well as Kenneth Lamneck. While Apollo Global Management was a pivotal institutional backer during the 2021 merger, the company has transitioned to a broadly held public entity with major institutional investors including Vanguard and BlackRock.