TD SYNNEX CORPORATION Stock Price, News & Analysis

ProModel Corporation has partnered with Datech Solutions, a Tech Data company, enabling Autodesk partners to enhance their offerings in architectural and mechanical sectors. This partnership allows for the introduction of ProModel AutoCAD Edition bundles, aimed at improving process modeling and simulation. Senior executives from both companies highlighted the potential for increased revenue and better customer service through enhanced simulation capabilities. The collaboration supports a strategic initiative to deliver more value and drive loyalty among partners in the EMEA region.

TD SYNNEX has appointed Adam Rutstein as the new Director of Global Corporate Responsibility, effective immediately. Rutstein will spearhead the company's Environmental, Social and Governance (ESG) initiatives, reinforcing its longstanding commitment to sustainability and corporate social responsibility. His prior experience at Newell Brands includes developing a comprehensive corporate social responsibility program. Corporate Vice President Jill Kermes expressed enthusiasm for Rutstein's leadership in enhancing TD SYNNEX's accountability towards its sustainability goals.

TD SYNNEX Corporation announced the launch of global security, data, and IoT market-ready solutions available on the StreamOne™ platform on December 1, 2021. The new Click-to-Run™ offerings aim to enhance customer speed to market while simplifying the deployment of advanced technology through the cloud. Initial solutions include endpoint security and IoT options from renowned partners like Microsoft, Veeam, and VMware. The initiative reflects extensive collaboration with partners, aiming to unlock growth opportunities for channel partners across various sectors.

TD SYNNEX has appointed Sammy Kinlaw as senior vice president of Sales Communities in North America. Kinlaw will oversee the Varnex, Tech Select, and Stellr communities, aimed at small to medium-sized businesses, advanced solutions, and managed service providers, respectively. His leadership is expected to foster growth above market trends, enhancing member benefits and modernizing community offerings. Following the merger of SYNNEX and Tech Data, TD SYNNEX aims to deepen support and broaden training and certification opportunities for its members.

TRUCE Software announced a strategic expansion of its distribution network by partnering with TD SYNNEX and 3Eye Technologies. This move aims to enhance accessibility to their Contextual Mobility Management (CMM) solutions for enterprise buyers. As demand for digital transformation grows, TRUCE's products are increasingly integrated into comprehensive Enterprise Mobility Management offerings. The partnerships follow recent agreements with Connection and Insight, emphasizing TRUCE's commitment to optimizing employee experiences in mobile technology.

Hyve Solutions Corporation, a subsidiary of TD SYNNEX (NYSE: SNX), has launched a new server line based on the Open Rack version 3 (ORv3) specifications at the 2021 Open Compute Project Virtual Summit. This new product family focuses on modularity, offering configurations for 1S, 2S, and 4S models, with an initial 1U dual-socket design set to deploy in 2022. The collaboration with Uber's Hardware Engineering enhances flexibility and efficiency in hyperscale infrastructures, promoting resource disaggregation to better meet growing demands.

INVZBL, a UV-C disinfection technology firm, has partnered with TD SYNNEX to enhance its distribution capabilities. This agreement allows INVZBL to leverage TD SYNNEX's extensive reseller network across multiple sectors, including education and healthcare. The partnership aims to expand the reach of INVZBL's innovative products, particularly the N-AIR UV-C Ceiling Panel Air Purifiers, designed to eliminate pathogens, including COVID-19. CEO Chuck Morrison expressed enthusiasm for scaling the business through this collaboration.

Qualys, Inc. (NASDAQ: QLYS) has partnered with TD SYNNEX to enhance its cybersecurity offerings in North America. This collaboration allows TD SYNNEX to provide its resellers access to the Qualys Cloud Platform, which includes the VMDR (Vulnerability Management, Detection, and Response) app. The integration aims to simplify security operations and lower compliance costs for businesses. With over 19,000 active customers across more than 130 countries, Qualys continues to strengthen its market position by leveraging TD SYNNEX's extensive ecosystem.

Tech Data, a subsidiary of TD SYNNEX (NYSE: SNX), announced a collaboration with Hewlett Packard Enterprise (HPE) to enhance distribution of HPE GreenLake cloud services in the Asia Pacific region. The initiative will first target Singapore and Hong Kong, aiming to meet the growing demand for cloud solutions. Tech Data's longstanding relationship with HPE, spanning over 40 years, positions it to effectively deliver a unified range of cloud services that facilitate digital transformation. This partnership is expected to improve access for partners and customers, enhancing cloud experience and business outcomes.