Tech Data: Difference between revisions
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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. |
'''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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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> |
Tech Data is now one of the world’s largest distributors of IT products and services, generating $27.7 billion in net sales for the fiscal year ended January 31, 2015. The company is ranked No. 107 on the Fortune 500<ref>{{cite web|url=http://fortune.com/fortune500/tech-data-107 |title=Fortune 500 |publisher=Fortune Magazine }}</ref> and one of Fortune’s “World’s Most Admired Companies.”<ref>{{cite web|url=http://fortune.com/worlds-most-admired-companies/tech-data-100000/ |title=World's Most Admired Companies 2015 |publisher=Fortune Magazine }}</ref> |
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Revision as of 13:02, 26 August 2015
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| Company type | Public |
|---|---|
| Nasdaq: TECD | |
| Industry | Distribution (business) Technology Electronics Computer hardware Computer software IT consulting |
| Founded | Clearwater, Florida, U.S. (1974) |
| Founder | Edward C. Raymund |
| Headquarters | , |
Area served | 100+ countries |
| Revenue |  US$ 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.
- ^ "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.