Tech Data: Difference between revisions
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{{Infobox company |
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{{Multiple issues| |
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|name = Tech Data Corporation |
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{{Underlinked|date=May 2015}} |
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|logo = Image:Tech data hq 061006.jpg |
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{{Refimprove|date=May 2015}} |
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|caption =Tech Data HQ |
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|type = [[Public company|Public]] |
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| traded_as = {{NASDAQ|TECD}} |
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|industry = [[Distribution (business)]]<br>[[Technology]]<br>[[Electronics]]<br>[[Computer hardware]]<br>[[Computer software]]<br>[[Information technology consulting|IT consulting]] |
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|founder = Edward C. Raymund |
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|foundation = [[Clearwater, Florida|Clearwater]], [[Florida|Florida]], [[United States of America|U.S.]]<br />({{Start date and years ago|1974}}) |
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|location_city = [[Clearwater, Florida|Clearwater]], [[Florida|Florida]] |
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|location_country = [[United States of America|U.S.]] |
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|area_served = 100+ countries |
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|revenue = {{Increase}} US$ 27,670.63 billion (2015)<ref>{{cite web||url=https://www.google.com/finance?q=NASDAQ%3ATECD&fstype=ii&ei=5vvVVaEfzMV75cCmmA0 | title=Tech Data Corp Financial Statements |work=United States Securities and Exchange Commission}}</ref> |
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|num_employees = 9,100 (2014)<ref>{{cite web|title=2014 Tech Data Annual Report|url=http://files.shareholder.com/downloads/TECD/510191717x0x751076/E7D37EDD-DF70-4E93-ADD5-ED03C63FC957/TECD_AR.pdf|format=PDF|publisher=TechData.com}}</ref> |
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|homepage = {{URL|https://www.techdata.com|TechData.com}} |
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}} |
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Tech Data Corporation (commonly referred to as Tech Data) is an American [[multinational corporation|multinational]] [[distribution (business)|distribution]] company specializing in IT products and services headquartered in Clearwater, Florida. Tech Data provides a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as [[Apple Inc.|Apple]], [[Cisco]], [[HP]], [[IBM]], [[Lenovo]], [[Microsoft]], [[Sony]], [[Symantec]] and [[VMware]], to deploy IT solutions. |
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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 Corporation''' ({{NASDAQ|TECD}}) is a wholesale distributor of technology products. Headquartered in Clearwater, FL. Tech Data generated $24.4 billion in net sales for the fiscal year ended January 31, 2011 and is ranked 111th on the [http://money.cnn.com/magazines/fortune/fortune500/2010/full_list/101_200.html Fortune 500®.] |
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Tech Data is now one of the world’s largest distributors of IT products and services, generating $27.7 billion in net sales for the fiscal year ended January 31, 2015. The company is ranked No. 107 on the Fortune 500<ref>{{cite web|url=http://fortune.com/fortune500/tech-data-107 |title=Fortune 500 |publisher=Fortune Magazine }}</ref> and one of Fortune’s “World’s Most Admired Companies.”<ref>{{cite web|url=http://fortune.com/worlds-most-admired-companies/tech-data-100000/ |title=World's Most Admired Companies 2015 |publisher=Fortune Magazine }}</ref> |
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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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==History== |
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In July 2011 a partnership was signed with Internet Security service company [[Webroot]] to make Webroot’s security services available to Tech Data’s resellers in North America.<ref>[http://www.crn.com/news/security/231002777/webroot-broadens-reach-with-tech-data-distribution-deal.htm;jsessionid=Hv2Qu71Eeyj8YeftvsKt6g**.ecappj01 CRN, July 27, 2011, “Webroot Broadens Reach With Tech Data Distribution Deal”]</ref> |
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Founded in Clearwater, FL by Edward C. Raymund in November 1974, Tech Data Corporation marketed data processing supplies for mini and mainframe computers. In 1983, Tech Data began to transition from a reseller to full-line national distributor of personal computer products, a transition led by Steven A. Raymund, Edward's son. |
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In September 2011 Tech Data also partnered with NEC Display Solutions and now offers content creation services to its channel of over 60,000 resellers.<ref>[http://www.businesswire.com/news/home/20110926006204/en Business Wire. September 26. 2011, "Tech Data Partners With NEC Display Solutions To Provide Custom Content"]</ref> |
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Steve A. Raymund succeeded Edward C. Raymund as Chief Executive Officer in 1986, the same year Tech Data announced its initial public stock offering on [[NASDAQ]] (ticker symbol: TECD). |
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*[http://www.hoovers.com/tech-data/--ID__14882--/free-co-factsheet.xhtml?cm_ven=PAID&cm_cat=BUS&cm_pla=CO1&cm_ite=Tech_Data_Corp Tech Data Corporation information and related industry information from Hoover's] |
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In 2006, Robert M. Dutkowsky was named Chief Executive Officer. |
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Over the past 20 years, Tech Data expanded its business into Canada, Mexico and Europe by acquiring 18 companies. Some companies acquired included Canadian-based ParityPlus, Paris-based Softmart International, Munich-based Computer 2000 AG, Globelle Canada, UK-based Azlan Group PLC, Actebis AG Switzerland, Nordics-based IT distributor Scribona, Netherlands-based Triade Holding B.V., Specialist Distribution Group (SDG), and Signature Technology Group (STG).<ref>{{cite web|url=https://www.techdata.com/content/visitor/abouttd/td_hist.aspx |title=Tech Data History |publisher=Tech Data Corporation }}</ref> |
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== References == |
== References == |
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[[Category:Clearwater, Florida]] |
[[Category:Clearwater, Florida]] |
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[[Category:Companies listed on NASDAQ]] |
[[Category:Companies listed on NASDAQ]] |
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[[Category:Electronics companies of the United States]] |
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[[Category:Multinational companies headquartered in the United States]] |
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[[Category:Software companies based in Florida]] |
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{{company-stub}} |
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[[Category:Technology companies of the United States]] |
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Revision as of 16:49, 25 August 2015
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| Company type | Public |
|---|---|
| Nasdaq: TECD | |
| Industry | Distribution (business) Technology Electronics Computer hardware Computer software IT consulting |
| Founded | Clearwater, Florida, U.S. (1974) |
| Founder | Edward C. Raymund |
| Headquarters | , |
Area served | 100+ countries |
| Revenue |  US$ 27,670.63 billion (2015)[1] |
Number of employees | 9,100 (2014)[2] |
| Website | TechData.com |
Tech Data Corporation (commonly referred to as Tech Data) is an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida. Tech Data provides a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as Apple, Cisco, HP, IBM, Lenovo, Microsoft, Sony, Symantec and VMware, to deploy IT solutions.
Tech Data is now one of the world’s largest distributors of IT products and services, generating $27.7 billion in net sales for the fiscal year ended January 31, 2015. The company is ranked No. 107 on the Fortune 500[3] and one of Fortune’s “World’s Most Admired Companies.”[4]
History
Founded in Clearwater, FL by Edward C. Raymund in November 1974, Tech Data Corporation marketed data processing supplies for mini and mainframe computers. In 1983, Tech Data began to transition from a reseller to full-line national distributor of personal computer products, a transition led by Steven A. Raymund, Edward's son.
Steve A. Raymund succeeded Edward C. Raymund as Chief Executive Officer in 1986, the same year Tech Data announced its initial public stock offering on NASDAQ (ticker symbol: TECD).
In 2006, Robert M. Dutkowsky was named Chief Executive Officer.
Over the past 20 years, Tech Data expanded its business into Canada, Mexico and Europe by acquiring 18 companies. Some companies acquired included Canadian-based ParityPlus, Paris-based Softmart International, Munich-based Computer 2000 AG, Globelle Canada, UK-based Azlan Group PLC, Actebis AG Switzerland, Nordics-based IT distributor Scribona, Netherlands-based Triade Holding B.V., Specialist Distribution Group (SDG), and Signature Technology Group (STG).[5]
External links
References
- ^ "Tech Data Corp Financial Statements". United States Securities and Exchange Commission.
{{cite web}}: Cite has empty unknown parameter:|1=(help) - ^ "2014 Tech Data Annual Report" (PDF). TechData.com.
- ^ "Fortune 500". Fortune Magazine.
- ^ "World's Most Admired Companies 2015". Fortune Magazine.
- ^ "Tech Data History". Tech Data Corporation.