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TD SYNNEX announces agreement to acquire IPsense Cloud Migration business in Brazil to create a new Cloud competence center for its resellers

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TD SYNNEX (NYSE: SNX) has announced an agreement to acquire IPsense Cloud Migration business in Brazil, aiming to create a new Cloud competence center for its resellers. This strategic move will enable TD SYNNEX's business partners to deliver seamless workload cloud migrations to their end-customers. The acquisition, expected to close within 30 to 90 days, will integrate IPsense's expertise in AWS solutions into TD SYNNEX's two-tier distribution model.

The new Cloud competence center will be equipped with advanced cloud services and expertise, strengthening TD SYNNEX's portfolio of services and supporting its focus on delivering higher value to resellers. This approach aims to foster partner-to-partner projects and build stronger alliances in the Latin American market, where digital transformation remains a top priority.

TD SYNNEX (NYSE: SNX) ha annunciato un accordo per acquisire il business di migrazione al cloud IPsense in Brasile, con l'obiettivo di creare un nuovo centro di competenza per il cloud a beneficio dei suoi rivenditori. Questa mossa strategica consentirà ai partner commerciali di TD SYNNEX di offrire migrazioni cloud senza soluzione di continuità ai propri clienti finali. L'acquisizione, prevista per chiudersi entro 30-90 giorni, integrerà l'expertise di IPsense nelle soluzioni AWS nel modello di distribuzione a due livelli di TD SYNNEX.

Il nuovo centro di competenza per il cloud sarà dotato di servizi e competenze avanzate per il cloud, rafforzando il portafoglio di servizi di TD SYNNEX e supportando il suo obiettivo di offrire un valore più elevato ai rivenditori. Questo approccio mira a promuovere progetti tra partner e costruire alleanze più forti nel mercato americano-latino, dove la trasformazione digitale rimane una priorità assoluta.

TD SYNNEX (NYSE: SNX) ha anunciado un acuerdo para adquirir el negocio de migración a la nube de IPsense en Brasil, con el objetivo de crear un nuevo centro de competencia en la nube para sus revendedores. Este movimiento estratégico permitirá a los socios comerciales de TD SYNNEX ofrecer migraciones de carga de trabajo en la nube sin interrupciones a sus clientes finales. La adquisición, que se espera cerrar en un plazo de 30 a 90 días, integrará la experiencia de IPsense en soluciones de AWS dentro del modelo de distribución de dos niveles de TD SYNNEX.

El nuevo centro de competencia en la nube estará equipado con servicios y experiencia avanzados en la nube, fortaleciendo el portafolio de servicios de TD SYNNEX y apoyando su enfoque en ofrecer un mayor valor a los revendedores. Este enfoque busca fomentar proyectos entre socios y construir alianzas más sólidas en el mercado de América Latina, donde la transformación digital sigue siendo una prioridad clave.

TD SYNNEX (NYSE: SNX)는 브라질의 IPsense 클라우드 마이그레이션 비즈니스를 인수하는 계약을 발표했으며, 그 목표는 리셀러를 위한 새로운 클라우드 역량 센터를 만드는 것입니다. 이 전략적 조치는 TD SYNNEX의 비즈니스 파트너가 최종 고객에게 원활한 작업 부하 클라우드 마이그레이션을 제공할 수 있도록 합니다. 이번 인수는 30일에서 90일 이내에 마무리될 예정이며, IPsense의 AWS 솔루션에 대한 전문 지식을 TD SYNNEX의 2단계 유통 모델에 통합할 것입니다.

새로운 클라우드 역량 센터는 고급 클라우드 서비스 및 전문 지식을 갖출 예정이며, 이는 TD SYNNEX의 서비스 포트폴리오를 강화하고 리셀러에게 더 높은 가치를 제공하기 위한 집중을 지원합니다. 이 접근 방식은 파트너 간 프로젝트를 촉진하고 라틴 아메리카 시장에서 더 강력한 동맹을 구축하는 것을 목표로 하며, 디지털 트랜스포메이션은 여전히 최우선 과제입니다.

TD SYNNEX (NYSE: SNX) a annoncé un accord pour acquérir le business de migration vers le cloud d'IPSense au Brésil, visant à créer un nouveau centre de compétence Cloud pour ses revendeurs. Ce mouvement stratégique permettra aux partenaires commerciaux de TD SYNNEX d'offrir des migrations cloud de charges de travail transparentes à leurs clients finaux. L'acquisition, qui devrait se clôturer dans un délai de 30 à 90 jours, intégrera l'expertise d'IPSense en solutions AWS dans le modèle de distribution à deux niveaux de TD SYNNEX.

Le nouveau centre de compétence Cloud sera équipé de services et d'expertise cloud avancés, renforçant le portefeuille de services de TD SYNNEX et soutenant son objectif de fournir une plus grande valeur aux revendeurs. Cette approche vise à favoriser les projets entre partenaires et à construire des alliances plus solides sur le marché latino-américain, où la transformation numérique reste une priorité absolue.

TD SYNNEX (NYSE: SNX) hat eine Vereinbarung zur Übernahme des IPsense Cloud-Migrationsgeschäfts in Brasilien bekannt gegeben, mit dem Ziel, ein neues Kompetenzzentrum für Cloud-Lösungen für seine Wiederverkäufer zu schaffen. Dieser strategische Schritt wird es den Geschäftspartnern von TD SYNNEX ermöglichen, ihren Endkunden nahtlose Cloud-Migrationen anzubieten. Die Übernahme wird voraussichtlich innerhalb von 30 bis 90 Tagen abgeschlossen, dabei wird die Expertise von IPsense in AWS-Lösungen in das zweistufige Vertriebsmodell von TD SYNNEX integriert.

Das neue Kompetenzzentrum für Cloud-Lösungen wird mit fortgeschrittenen Cloud-Diensten und Fachkenntnissen ausgestattet sein, was das Dienstleistungsangebot von TD SYNNEX stärkt und den Fokus auf die Bereitstellung eines höheren Wertes für Wiederverkäufer unterstützt. Dieser Ansatz zielt darauf ab, Partner-zu-Partner-Projekte zu fördern und stärkere Allianzen auf dem lateinamerikanischen Markt aufzubauen, wo die digitale Transformation nach wie vor oberste Priorität hat.

Positive
  • Acquisition of IPsense Cloud Migration business strengthens TD SYNNEX's cloud solutions portfolio
  • Creation of a new Cloud competence center in Brazil to assist business partners in cloud migrations
  • Integration of IPsense's AWS expertise into TD SYNNEX's distribution model
  • Potential for increased market share in Latin America's digital transformation sector
  • Opportunity for partner-to-partner collaboration and stronger alliances in the reseller channel
Negative
  • None.

Insights

The acquisition of IPsense's Cloud Migration business by TD SYNNEX is a strategic move to bolster its cloud services portfolio in Brazil. This will create a new Cloud competence center, enhancing TD SYNNEX's ability to support partners in migrating customer workloads to the cloud. The focus on AWS solutions indicates a growing demand for cloud migration services in Latin America.

For investors, this acquisition signals TD SYNNEX's commitment to expanding its high-value services in emerging markets. The integration of IPsense's expertise into TD SYNNEX's two-tier distribution model could lead to increased revenue streams and market share growth in the region. However, the success of this venture will depend on smooth integration and effective scaling of IPsense's capabilities within TD SYNNEX's existing framework.

TD SYNNEX's acquisition of IPsense's Cloud Migration business aligns with the industry trend of distributors expanding into higher-margin cloud services. While financial details aren't disclosed, this move likely represents a relatively small but strategic investment for TD SYNNEX, given IPsense's regional focus.

Investors should note the potential for revenue synergies as TD SYNNEX leverages its extensive reseller network to scale IPsense's services. The creation of a Cloud competence center could drive increased partner engagement and loyalty, potentially leading to higher transaction volumes across TD SYNNEX's broader portfolio. However, the 30 to 90-day closing timeline and integration process may result in a slight delay in realizing financial benefits. Overall, this acquisition positions TD SYNNEX to capture a larger share of the growing cloud migration market in Latin America.

The acquisition of IPsense's Cloud Migration business by TD SYNNEX is a timely response to market trends in Latin America. With digital transformation as a top priority for companies in the region, there's a growing demand for cloud migration services. This move allows TD SYNNEX to tap into this demand more effectively.

The focus on partner-to-partner collaboration through the two-tier distribution model is particularly noteworthy. This approach could lead to a more robust ecosystem of cloud service providers, potentially accelerating cloud adoption rates in Brazil and beyond. For TD SYNNEX, this could translate into increased market penetration and customer retention. However, success will depend on how well TD SYNNEX can integrate IPsense's expertise and scale it across its existing network of resellers. The exclusion of IPsense's analytics, big data and machine learning business from the deal suggests a focused strategy on cloud migration, which aligns well with current market demands.

The deal will enable business partners to deliver seamless workload cloud migrations to their end-customers

SÃO PAULO--(BUSINESS WIRE)-- TD SYNNEX (NYSE: SNX), a leading global distributor and aggregator of solutions for the IT ecosystem, today announced it has entered into an agreement to acquire IPsense Cloud Migration business, a leading cloud solutions provider in Brazil. With the addition of IPsense Cloud Migration business, TD SYNNEX will create a new Cloud competence center in Brazil to assist the business partners in migrating their customers' workloads to the cloud. This new practice will be equipped with advanced cloud services and expertise enabling business partners to deliver seamless and effective cloud migrations.

The completion of the acquisition is contingent upon customary closing conditions and is expected to close within 30 to 90 days.

The addition of IPsense Cloud Migration business supports TD SYNNEX’s focus on delivering higher value to its resellers by strengthening its portfolio of services. IPsense Cloud Migration business is specialized in the design, integration and implementation of AWS solutions. After the acquisition, TD SYNNEX will integrate the IPsense Cloud Migration business sales model into the two-tier distribution model, leveraging both companies' strengths to better support and empower business partners with a comprehensive cloud solutions portfolio for successful end-user workload migrations. This approach fosters partner-to-partner projects, encouraging collaboration, helping build stronger alliances and allowing the customers to leverage each other’s expertise for mutual growth and success.

“Digital transformation remains a top priority for companies in Latin America, and the addition of IPsense Cloud Migration business will significantly strengthen our position and the position of our resellers as key players in the region's digital transformation journey. By combining their outstanding expertise and technical skills with our existing offerings, we are now better equipped to deliver our resellers scalable, secure, and cutting-edge cloud solutions tailored to the unique needs of our partners and their customers in the region. The creation of the Cloud competence center underscores our dedication to empowering our partners with the resources they need to thrive in the cloud ecosystem,” commented Otavio Lazarini, President, Latin America and Caribbean, TD SYNNEX.

"Becoming part of TD SYNNEX is an exciting milestone for us as it paves the way for unprecedented growth opportunities in the market. Our success has been built on the knowledge and commitment of our talented team, and joining TD SYNNEX will let us provide even more value to partners in Brazil and eventually more broadly in LAC. By combining our resources and expertise, we will scale our business by offering our skills to the reseller channel, driving transformation, and delivering exceptional results,” said Luiz Herculano, Founding Partner and Director, IPsense.

IPsense's analytics, big data and machine learning business is not included in this transaction and will remain with the current owners under a new brand name, with George Randolph managing the business going forward.

About TD SYNNEX

TD SYNNEX (NYSE: SNX) is a leading global distributor and solutions aggregator for the IT ecosystem. We’re an innovative partner helping more than 150,000 customers in 100+ countries to maximize the value of technology investments, demonstrate business outcomes and unlock growth opportunities. Headquartered in Clearwater, Florida, and Fremont, California, TD SYNNEX’s 23,000 co-workers are dedicated to uniting compelling IT products, services and solutions from 2,500+ best-in-class technology vendors. Our edge-to-cloud portfolio is anchored in some of the highest-growth technology segments including cloud, cybersecurity, big data/analytics, AI, IoT, mobility and everything as a service. TD SYNNEX is committed to serving customers and communities, and we believe we can have a positive impact on our people and our planet, intentionally acting as a respected corporate citizen. We aspire to be a diverse and inclusive employer of choice for talent across the IT ecosystem. For more information, visit www.TDSYNNEX.com , follow our newsroom or follow us on LinkedIn , Facebook and Instagram.

Safe Harbor Statement

Statements in this news release that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.

Copyright 2024 TD SYNNEX Corporation. All rights reserved. TD SYNNEX, the TD SYNNEX Logo, and all other TD SYNNEX company, product and services names and slogans are trademarks of TD SYNNEX Corporation. Other names and trademarks are the property of their respective owners.

Karina Seir

Latin America and Caribbean Communications Manager

TD SYNNEX

Karina.Seir@tdsynnex.com

Mobile: +1 305.542.0049

Source: TD SYNNEX

FAQ

What company is TD SYNNEX (SNX) acquiring in Brazil?

TD SYNNEX is acquiring IPsense Cloud Migration business, a leading cloud solutions provider in Brazil.

What is the purpose of TD SYNNEX's (SNX) acquisition of IPsense Cloud Migration business?

The acquisition aims to create a new Cloud competence center in Brazil to assist business partners in migrating their customers' workloads to the cloud and strengthen TD SYNNEX's position in the Latin American digital transformation market.

When is the TD SYNNEX (SNX) acquisition of IPsense Cloud Migration business expected to close?

The acquisition is expected to close within 30 to 90 days, subject to customary closing conditions.

How will the IPsense Cloud Migration business be integrated into TD SYNNEX (SNX)?

TD SYNNEX will integrate IPsense Cloud Migration business's sales model into its two-tier distribution model, combining both companies' strengths to support business partners with a comprehensive cloud solutions portfolio.

What specific expertise does IPsense Cloud Migration business bring to TD SYNNEX (SNX)?

IPsense Cloud Migration business specializes in the design, integration, and implementation of AWS solutions, which will enhance TD SYNNEX's cloud service offerings.

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