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[[Image:Tech data hq 061006.jpg|thumb|Tech Data HQ 5350 Tech Data Dr, Clearwater, FL 33760 Taken from the parking lot looking east late on an October afternoon.]]'''Tech Data''' ({{NYSE|TECD}}) is |
[[Image:Tech data hq 061006.jpg|thumb|Tech Data HQ 5350 Tech Data Dr, Clearwater, FL 33760 Taken from the parking lot looking east late on an October afternoon.]]'''Tech Data Corporation''' ({{NYSE|TECD}}) is one of the world’s largest wholesale distributors of technology products. Its advanced logistics capabilities and value-added services enable 125,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. Headquartered in Clearwater, FL. Tech Data generated $24.4 billion in net sales for the fiscal year ended January 31, 2011 and is ranked 109th on the [http://money.cnn.com/magazines/fortune/fortune500/2010/full_list/101_200.html Fortune 500®.] |
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Founded in 1974 by Edward C. Raymund, father of the company's Chairman and former Chief Executive Officer Steven A. Raymund, Tech Data's original charter was to market data processing supplies directly to end users of mini and mainframe computers. In 1983, the company expanded its target markets and redirected efforts toward servicing microcomputer resellers as a wholesale distributor. Tech Data employed about a dozen people during its formative years and handled all customer orders from a small office/warehouse building in Clearwater not far from the company's worldwide headquarters today. |
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Founded in 1974 by [[Edward C. Raymund]], Tech Data began by marketing [[data processing]] supplies directly to end users of mini and [[mainframe computer]]s. In 1983 the company expanded its targeted markets and redirected its efforts toward servicing [[microcomputer]] resellers as a wholesale distributor. Tech Data expanded into [[Canada]] in 1989 through an acquisition, followed by a second acquisition in 1999 of its larger Canadian competitor (TSE listed) Globelle. In early 1993 the company launched an export division based in Miami to serve the [[Latin America]]n market. Tech Data entered the European market in 1994 through the acquisition of Paris-based Softmart International, S.A, France's largest distributor of personal computer products. In July 1998 the company acquired a majority interest in Munich-based [[Computer 2000]], Europe's leading provider of IT products to resellers. Its overseas performance was disappointing in the quarter ending June 30, 2006. [http://pqasb.pqarchiver.com/sptimes/access/1088581411.html?dids=1088581411:1088581411&FMT=FT&FMTS=ABS:FT&date=Aug+3%2C+2006&author=KRIS+HUNDLEY&pub=St.+Petersburg+Times&edition=&startpage=1.D&desc=Tech+Data%27s+quarter+fizzles] Despite this, it was the world's second greatest distributor of computer products in mid [[2006]]. [http://pqasb.pqarchiver.com/sptimes/access/1042519121.html?dids=1042519121:1042519121&FMT=FT&FMTS=ABS:FT&date=May+24%2C+2006&author=&pub=St.+Petersburg+Times&edition=&startpage=2.D&desc=EARNINGS] For the second quarter, fiscal year 2008 ending July 31, 2007, Tech Data posted record numbers in growth and earnings per share. Year over year growth was 18%, headed by a strong performance in the Americas and recovering performance in Europe. |
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==Distribution== |
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In Germany and the UK, the distributor [[Computer 2000]] is a part of the Tech Data company. |
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Today, Tech Data is at the heart of the IT channel, the distribution network for products and services in the technology industry. Tech Data has emerged as one of the industry’s best-performing providers of IT products, logistics management and other value-added services. The company has evolved its business from a “pick, pack and ship” operation into an “integrated supply chain specialist” model where technology manufacturer and resellers rely on Tech Data as a strategic go-to-market partner. While continually expanding its product linecard and vital industry services, such as technical support, education and custom configuration, Tech Data also has successfully expanded into international markets. |
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== External links and references== |
== External links and references== |
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Revision as of 17:38, 8 March 2011
Tech Data Corporation (NYSE: TECD) is one of the world’s largest wholesale distributors of technology products. Its advanced logistics capabilities and value-added services enable 125,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. Headquartered in Clearwater, FL. Tech Data generated $24.4 billion in net sales for the fiscal year ended January 31, 2011 and is ranked 109th on the Fortune 500®.
Founded in 1974 by Edward C. Raymund, father of the company's Chairman and former Chief Executive Officer Steven A. Raymund, Tech Data's original charter was to market data processing supplies directly to end users of mini and mainframe computers. In 1983, the company expanded its target markets and redirected efforts toward servicing microcomputer resellers as a wholesale distributor. Tech Data employed about a dozen people during its formative years and handled all customer orders from a small office/warehouse building in Clearwater not far from the company's worldwide headquarters today.
Today, Tech Data is at the heart of the IT channel, the distribution network for products and services in the technology industry. Tech Data has emerged as one of the industry’s best-performing providers of IT products, logistics management and other value-added services. The company has evolved its business from a “pick, pack and ship” operation into an “integrated supply chain specialist” model where technology manufacturer and resellers rely on Tech Data as a strategic go-to-market partner. While continually expanding its product linecard and vital industry services, such as technical support, education and custom configuration, Tech Data also has successfully expanded into international markets.