SYNNEX

What SYNNEX does

TD SYNNEX Corporation is a global IT distribution intermediary and solutions aggregator formed through the 2021 merger of Tech Data and SYNNEX Corporation. The company sources technology products and solutions from major vendors including HP, Microsoft, Cisco, NVIDIA, AWS, Palo Alto Networks, IBM, HPE, and Broadcom/VMware, and distributes them through a channel ecosystem of value-added resellers (VARs), system integrators, regional distributors, and direct enterprise sales teams across more than 100 countries. Its customer base exceeds 150,000, spanning SMBs, mid-market resellers, large enterprises, and public sector organizations, with North America representing the majority of revenue.

The company's technology stack centers on digital distribution platforms rather than original technology development. Core platforms include StreamOne (cloud commerce platform for cloud, security, and AI solution transactions), PartnerFirst (unified digital portal with AI-powered market intelligence and renewal tools), StreamOne Ion (digital partner engagement platform), and Digital Bridge (AI assistant for Microsoft Teams). Its Destination AI framework and AI Game Plan workshops provide partner enablement for AI adoption, complemented by an AI Infrastructure-as-a-Service offering. The company operates 23,000 co-workers globally with major hubs in Fremont, CA and Clearwater, FL, plus a $150 million purpose-built automated logistics facility in Melbourne, Australia serving as Oceania headquarters.

TD SYNNEX's business model is primarily transaction-based, earning margins on the flow of hardware, software, and cloud solutions from vendors to channel partners. Revenue streams include hardware distribution (transaction fees), cloud solutions (subscription/recurring via StreamOne), professional services (lifecycle, implementation, consultancy), and solutions aggregation. FY2025 revenue (fiscal year ended November 2024) reached $62.5 billion, up 6.9% year-over-year, with Q1 FY2026 revenue growing 18.1% to $17.2 billion and net income up 61.2% to $383 million. The company is publicly traded on NYSE under ticker SNX with a market capitalization of approximately $12.8 billion as of April 2026.

Name

SYNNEX

Legal name

TD SYNNEX Corporation

Website

https://synnexcorp.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

TD SYNNEX is a global IT distribution intermediary and solutions aggregator that connects technology vendors (HP, Microsoft, Cisco, NVIDIA, AWS) with value-added resellers, system integrators, and enterprise customers across 100+ countries via digital platforms including StreamOne and PartnerFirst.

Ownership category

akta.pro rank

Product category

IT Distribution Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370), Communications Services, Nec (4899)

akta.pro primary industry

Enterprise PaaS (App Runtime & Managed Application Platforms) (HDAEAKAB)

akta.pro secondary industries

Cloud Networking Core Services (VPC/VNet, Load Balancing, DNS, NAT) (HDABAAAJ), AI Server Systems & HGX/Accelerator Platforms (HDAAAAAB), Digital Experience Monitoring & Management (DEX/DEM, AIOps for EUC) (BPAEAIAF)

Keywords

• IT distribution services
• Technology distribution
• Cloud solutions aggregation
• Channel partner enablement
• Value-added distribution

Headquarters

HQ city

Fremont

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Hardware Distribution: Traditional IT hardware distribution intermediary model - sourcing products from vendors (HP, Microsoft, Cisco, NVIDIA) and distributing to value-added resellers and system integrators. Revenue generated through margin on product flows.
2. Cloud Solutions: Cloud commerce and subscription-based services through StreamOne platform enabling partners to sell cloud, security, and AI solutions.
3. Professional Services: Value-added services including lifecycle services, implementation, consultancy, and global sales solutions for channel partners.
4. Solutions Aggregation: Aggregation of technology solutions from multiple vendors into comprehensive offerings for partners.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

TD SYNNEX is a global IT distribution intermediary and solutions aggregator that sources hardware, software, cloud, security, and AI solutions from leading technology vendors (HP, Microsoft, Cisco, NVIDIA, Palo Alto Networks, AWS, and others) and distributes them through value-added resellers, system integrators, and regional channel partners across more than 100 countries. The company also operates proprietary digital commerce platforms (StreamOne, PartnerFirst, Digital Bridge) and provides value-added services such as AI enablement (Destination AI), AI Infrastructure-as-a-Service, Solutions Aggregation, Lifecycle Services, Global Sales Solutions, and specialized public-sector procurement support.

Product overview

TD SYNNEX operates as a major IT distribution intermediary and solutions aggregator, connecting vendors (HP, Microsoft, Cisco, NVIDIA, and others) with value-added resellers and system integrators across more than 100 countries. The company offers a portfolio of digital platforms including StreamOne (cloud commerce platform), PartnerFirst (unified digital partner portal), and Digital Bridge with AI Assistant for Microsoft Teams. The Destination AI framework encompasses AI Game Plan workshops and AI Infrastructure-as-a-Service offerings. Formed through the 2021 merger of Tech Data and SYNNEX, the company leverages scale to provide technology distribution, solutions aggregation, and partner enablement services worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Destination AI: Partner-led AI framework and initiative to help partners accelerate AI adoption with customers through structured programs
• StreamOne
• PartnerFirst
• AI Game Plan
• PartnerLINK
• SMB Connect

Products and services

• StreamOne Cloud commerce platform enabling TD SYNNEX partners to discover, transact, and deliver cloud, security, and AI solutions across more than 100 countries. Used by value-added resellers, system integrators, and managed service providers for cloud solution provider distribution.
• PartnerFirst Unified digital portal providing TD SYNNEX's network of value-added resellers and system integrators with AI-powered market intelligence, partner enablement resources, renewal management, and business tools.
• Destination AI Partner-led AI framework with a structured three-phase process (discovery, scoring, activation) and AI Game Plan workshops that helps channel partners translate AI opportunities into measurable business outcomes for their customers.
• Digital Bridge Digital platform enhanced with an AI Assistant for Microsoft Teams that drives increased agility for TD SYNNEX partners through integrated digital tools and workflow automation.
• AI Infrastructure-as-a-Service Infrastructure-as-a-Service offering designed to accelerate AI innovation for TD SYNNEX partners and their customers by providing AI-ready infrastructure capacity and managed capabilities.
• SMB Connect SMB-focused partner program providing small and medium-sized dealers with inside-sales operations, digital-first engagement, and access to TD SYNNEX's multi-vendor portfolio.
• PartnerLINK Partner program and enablement platform providing tools, training, and resources for TD SYNNEX channel partners to grow their businesses and engage with the broader partner ecosystem.
• Solutions Aggregation Aggregation of technology solutions from multiple vendors (including Global Solutions Aggregation and North America Solutions Aggregation) into comprehensive, multi-vendor offerings for TD SYNNEX channel partners.
• Global Sales Solutions Value-added services providing global sales support, demand generation, and channel sales execution for technology vendors and TD SYNNEX channel partners across international markets.
• Lifecycle Services Lifecycle services (formerly PCW) covering deployment, configuration, trade-in, and end-of-life management for technology products distributed through TD SYNNEX, including the TD SYNNEX Trade-In program.
• TD SYNNEX Public Sector Specialized division serving government agencies and public-sector organizations with compliant procurement processes, secure supply-chain capabilities, and programs such as Red, White & You for public-sector channel partners.

Quantifiable outcome

• Revenue increased 18.1% to $17.2 billion in Q1 FY2026
• +3 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

21 partnerships are on record, tiered core and minor.

• Amazon.com NV Investment Holdings LLCcoreStrategic or Co-development Partner · 30 May 2026TD SYNNEX issued a warrant to Amazon.com NV Investment Holdings LLC granting the right to acquire up to 3,238,066 shares of common stock. 215,871 shares vest immediately at $0.01 per share, while 3,022,195 shares vest at $191.10 per share based on attainment of payment thresholds under commercial arrangements. The warrant expires May 30, 2033. The company expects to continue its multi-year collaboration with Amazon.
• HPEcoreChannel Partner/ Reseller/ Distributor · 17 May 2026HPE appointed TD SYNNEX as one of two global distribution partners following the Juniper acquisition. The consolidation enables channel partners to sell HPE's full portfolio including Juniper networking products through a single distributor. HPE plans expanded relationships across all geographies.
• MicrosoftcoreChannel Partner/ Reseller/ Distributor · 3 April 2026TD SYNNEX achieved Microsoft's newly established global Frontier Distributor designation, positioning it among the most advanced Microsoft distributors worldwide. The designation recognizes excellence in support, security, channel enablement, platform innovation, and technical delivery for cloud, security, and AI solutions across over 100 countries.
• Palo Alto NetworkscoreChannel Partner/ Reseller/ Distributor · 13 March 2026TD SYNNEX awarded Palo Alto Networks 2025 North American Distributor of the Year for the fourth consecutive year, recognizing excellence in performance and technical innovation.
• CiscocoreChannel Partner/ Reseller/ Distributor · 2 February 2026Cisco appointed TD SYNNEX as its Irish distributor, giving Cisco-authorized partners in Ireland full access to TD SYNNEX's services including the Cisco Momentum program. The agreement is tied to Cisco's newly relaunched 360 Partner Program consolidating partner evaluation into six focused portfolios.
• DialpadminorChannel Partner/ Reseller/ Distributor · 22 January 2026Dialpad, an AI-powered business communications platform, announced a global distribution partnership with TD SYNNEX to expand reach to TD SYNNEX's international portfolio of technology partners. Partners gain access to unified communications, contact center, and Agentic AI solutions.
• BroadcomcoreChannel Partner/ Reseller/ Distributor · 8 December 2025TD SYNNEX served as charter distributor for Broadcom's VMware Modernization Services program expansion to EMEA. The program helps SMEs migrate to VMware Cloud Foundation 9.0 through partner-delivered consultative services.
• MEDIROM MOTHER LabsminorChannel Partner/ Reseller/ Distributor · 4 December 2025MEDIROM MOTHER Labs entered a distributor agreement with TD SYNNEX K.K. to leverage TD SYNNEX's nationwide sales network and IT product distribution expertise in Japan for the MOTHER Bracelet and REMONY health monitoring products.
• IBMcoreStrategic or Co-development Partner · 14 October 2025TD SYNNEX launched Global FinOps Practice in collaboration with IBM to help partners maximize cloud profitability. The practice provides financial operations expertise for cloud cost optimization.
• CrowdStrikecoreChannel Partner/ Reseller/ Distributor · 17 September 2025TD SYNNEX won 2025 CrowdStrike Global Distributor Partner of the Year award, recognizing excellence in cybersecurity distribution.
• Amazon Web Services (AWS)coreStrategic or Co-development Partner · 27 August 2025TD SYNNEX signed a Strategic Collaboration Agreement with AWS to accelerate cloud and AI adoption across the Americas. The partnership expands cloud and AI distribution capabilities through TD SYNNEX's StreamOne platform and partner ecosystem.
• AryakaminorChannel Partner/ Reseller/ Distributor · 9 August 2025Aryaka announced partnership with TD SYNNEX to accelerate global SASE distribution through TD SYNNEX's extensive partner ecosystem.
• KOREminorStrategic or Co-development Partner · 3 August 2025KORE and TD SYNNEX announced strategic alliance to simplify connectivity, combining KORE's IoT connectivity solutions with TD SYNNEX's distribution capabilities.
• ApptiumcoreTechnology or Integration · 18 July 2025TD SYNNEX acquired Apptium, a software development company providing a cloud commerce platform, to enhance cloud and everything-as-a-service offerings. The acquisition strengthens the StreamOne platform, increases market reach, and expands solutions in digital service orchestration. Transaction value approximately $105.1 million.
• CloudflareminorChannel Partner/ Reseller/ Distributor · 2 June 2025Cloudflare and TD SYNNEX expanded partnership to secure Latin America with managed services, leveraging TD SYNNEX's regional presence for security distribution.
• TriforkminorStrategic or Co-development Partner · 22 April 2025TD SYNNEX and Trifork partnered to deliver scalable AI and digital transformation solutions to the market.
• Civo Cloud ServicesminorChannel Partner/ Reseller/ Distributor · 1 April 2025TD SYNNEX appointed as a distributor for Civo Cloud Services in the UK and Ireland, expanding cloud distribution capabilities.
• NVIDIAcoreChannel Partner/ Reseller/ Distributor · 19 March 2025TD SYNNEX recognized as Americas Distributor of the Year by NVIDIA for leading the AI revolution with Blackwell GPUs. TD SYNNEX has been capturing NVIDIA's top award, demonstrating excellence in AI infrastructure distribution.
• LantronixminorChannel Partner/ Reseller/ Distributor · 19 March 2025Lantronix expanded partnership with TD SYNNEX to distribute its out-of-band, network infrastructure and industrial IoT solutions throughout Europe.
• HPcoreChannel Partner/ Reseller/ DistributorLong-standing distribution partnership for HP products including printers, PCs, and enterprise hardware through global distribution network.
• LenovocoreChannel Partner/ Reseller/ DistributorDistribution partnership for Lenovo products including devices and data center solutions, recognized for sustainability and partner innovation awards.

Scale indicators8 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Ingram Micro: Ingram Micro is the world's largest IT distributor and TD SYNNEX's most direct competitor. Both companies distribute the same mega-vendor portfolios (HP, Cisco, Microsoft, Apple) through VAR and SI channels globally and compete head-to-head for vendor mindshare and partner relationships.
• Arrow Electronics: Arrow Electronics is a major global distributor of IT components, enterprise solutions, and electronic components. It competes directly with TD SYNNEX in enterprise IT distribution and value-added services, with overlap in vendor portfolios including Cisco, HPE, and IBM.
• ScanSource: ScanSource is a hybrid IT and communications distributor serving VARs and SIs with technology solutions. It overlaps with TD SYNNEX in communications, networking, and modern infrastructure distribution, particularly through its Modern Communications & Cloud and Specialty Technology segments.
• ALSO Group: ALSO Group is a major European IT distribution company with growing presence in cloud and IoT. It is one of TD SYNNEX's closest European competitors, particularly in DACH and Nordic markets, and competes for the same cloud and cybersecurity vendor partnerships.
• Exclusive Networks: Exclusive Networks is a global specialist distributor focused on cybersecurity and cloud infrastructure. It directly competes with TD SYNNEX for cybersecurity vendor relationships (Palo Alto Networks, Fortinet, CrowdStrike) and partner enablement services in the high-growth security segment.

Emerging players

• Pax8: Pax8 is a fast-growing cloud distribution marketplace specializing in Microsoft, Google, AWS, and security SaaS for SMB partners. It is an emerging competitor to TD SYNNEX's StreamOne platform in the cloud commerce and subscription aggregation space, particularly in North America and EMEA.
• Sherweb: Sherweb is a cloud services distributor focused on Microsoft, security, and productivity SaaS. It competes with TD SYNNEX in cloud solution provider enablement, particularly for managed service providers and SMB-focused channel partners.
• Crayon: Crayon (now part of Ricoh) is a software asset management and cloud economics services provider that partners with major hyperscalers. It overlaps with TD SYNNEX's IBM-collaboration FinOps practice and cloud cost optimization services, especially across EMEA.

Others

• Westcon-Comstor: Westcon-Comstor is now a wholly owned subsidiary of TD SYNNEX (acquired 2017) but historically was a major independent distributor of networking, security, and collaboration products. It remains a relevant comparable for the cybersecurity and networking distribution segment within TD SYNNEX's portfolio.

Regional players

• CMS Distribution: CMS Distribution is a UK- and Ireland-based specialist IT distributor focused on enterprise networking, security, and storage. It overlaps with TD SYNNEX in Cisco and security distribution across the UK and Irish markets and is a relevant regional comparable.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/SYNNEX
• Facebookfacebook.com/SynnexCorporation
• LinkedInlinkedin.com/company/tdsynnex/mycompany
• Instagraminstagram.com/tdsynnex

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A9 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SYNNEX