TD SYNNEX CORPORATION Stock Price, News & Analysis

Dynabook Americas introduced the Satellite Pro laptop series, comprising models C40, C50, and L50, priced from $499.99. This series targets small and medium businesses, featuring 10th Gen Intel Core processors and Windows 10 options. The company partnered with SYNNEX Corporation to handle U.S. distribution, enhancing market reach. The laptops include modern designs, extensive connectivity options, and are equipped with antimicrobial technology. All configurations come with a one-year warranty.

Ribbon Communications (Nasdaq: RBBN) is expanding its partnership with Synnex (NYSE: SNX) to enhance the availability of its UC&C-enabling Edge solutions in the Caribbean and Latin America (CALA) markets. This collaboration aims to leverage Ribbon's advanced communications solutions, helping Synnex meet the demands of service providers and enterprises. Notable offerings include Microsoft-certified SBCs, analytics, and advanced application server platforms. Both companies believe this expansion will significantly increase market share and provide enhanced value to their partners.

SYNNEX Corporation (NYSE: SNX) will announce its fourth quarter fiscal 2020 financial results on January 11, 2021, after market close. A conference call will follow at 2:00 PM PT. Notably, SYNNEX is updating its non-GAAP financial measures for fiscal 2021, excluding share-based compensation and separation costs, in addition to restructuring costs and amortization of intangible assets. The earnings press release and a live audio webcast will be available at ir.synnex.com.

SYNNEX Corporation (NYSE: SNX) announced a partnership with Broadcom to enhance service levels for the Symantec Enterprise division. This agreement positions SYNNEX as one of only two authorized North American distributors of Symantec's full product portfolio, including Broadcom's new Cyber Security Aggregator Program. SYNNEX aims to leverage nearly 25 years of experience with Symantec to deliver improved support and resources to various customer segments. Exclusive offerings include technical support, onboarding assistance, and a rewards portal, enhancing the value proposition for partners.

GlobeX Data Ltd. (OTCQB:SWISF) has entered into a nationwide distribution agreement with SYNNEX Canada Limited, facilitating the availability of its Sekur secure communications solutions across Canada. The agreement allows SYNNEX to offer the Sekur suite, which includes secure email, file sharing, and messaging. GlobeX emphasizes its proprietary encryption technology and compliance with Swiss privacy laws, aiming to enhance data protection against cyber threats, particularly for SMEs and government organizations.

SYNNEX Corporation (NYSE: SNX) announced its 5G Acceleration Initiative designed for mobility solutions resellers. This initiative aims to enhance the U.S. IT channel's access to 5G technology through strong carrier relationships and a diverse line of carrier-certified devices. SYNNEX will help partners create vertical solutions and leverage the 5G ecosystem to deliver advanced applications such as augmented reality and IoT. The initiative also allows resellers to earn commissions on all 5G devices sold and activated, promoting growth in the mobility market.

SYNNEX Corporation (NYSE: SNX) has announced the planned separation of its customer experience subsidiary, Concentrix, into an independent, publicly traded company. Each SYNNEX stockholder will receive one share of Concentrix for each share of SYNNEX they own as of November 17, 2020. Concentrix shares are expected to start trading on NASDAQ under the ticker 'CNXC' from December 1, 2020. This strategic move aims to enhance agility and align investments with market opportunities, creating greater value for investors in both companies.