Profile: Tech Data Corporation (TECD.O)

Tech Data Corporation (Tech Data), incorporated in 1974, is a distributor of information technology (IT) products, logistics management and other value-added services worldwide. The Company serves more than 125,000 value-added resellers (VARs), direct marketers, retailers and corporate resellers in more than 100 countries throughout North America, Latin America and Europe. It serves two primary geographic markets: the Americas (including North America and Latin America) and Europe. Customers are provided with service through the Company’s technical support, electronic commerce tools (including online order entry and electronic data interchange (EDI) services), product integration services, customized shipping documents and financing programs. In May 2008, the Company completed the acquisition of certain assets of Scribona, AB (Scribona), an IT distributor the Nordic region of Europe, with operations in Sweden, Finland and Norway. In October 2009, the Company announced the formation of two new specialized business units (SBUs): Unified communications, which offers businesses, government agencies and educational institutions a range of productivity and collaboration enhancements and the Network Security SBU, which helps resellers implement network protection strategies that include, intrusion prevention, encryption, wireless access control, virtual private network (VPN) and secure socket layer virtual private network (SSL VPN), firewall, gateway anti-virus, Web content filtering, e-mail spam filtering and messaging security.

Tech Data offers a variety of products from manufacturers and publishers, such as Acer, Adobe, American Power, Apple, Asus Computer, Autodesk, Canon, Cisco Systems, Epson, Fujitsu-Siemens, Hewlett-Packard, IBM, Intel, Kingston, Lexmark, Lenovo, Logitech, McAfee, Microsoft, Nortel Networks, Samsung, Seagate, Sony, Symantec, Toshiba, Western Digital and Xerox. Products are generally shipped from regionally located logistics centers the same day the orders are received. Tech Data sells products purchased from peripheral, system and networking manufacturers and software publishers. These products are typically purchased directly from the manufacturer or software publisher on a non-exclusive basis.

The Company competes with Ingram Micro Inc. and Synnex Corp.