Synnex
Synnex Corporation is an American multinational corporation that provides B2B IT services. It was founded in 1980 by Robert T. Huang and based in Fremont, California, is an American information technology supply chain services company offering services to original equipment manufacturers, software publishers and reseller customers.Company
Originally founded as a technology hardware distributor, Synnex distributes products and related logistics services. As a business process outsourcing and contract assembly it works with industry suppliers of IT systems, peripherals, system components, software and networking equipment. The company is one of the major employers in Greenville, South Carolina. On December 21, 2009, Synnex acquired Jack of All Games from Take-Two Interactive. In December 2010 Synnex acquired the managed business solutions division of e4e, an ITes service provider located in Bangalore in India.
In 2012 Hyve Solutions announced a partnership with IBM and Zettaset to produce a bundled "turnkey" platform for Hadoop-based analytics targeted to the needs of small- and medium-sized businesses. Synnex acquired IBM's worldwide customer care business process outsourcing services business on 11 September 2013.
On June 28, 2018, Convergys and Synnex announced they have reached a definitive agreement in which Synnex would acquire Convergys for $2.43 billion in combined stock and cash, and integrate it with Concentrix. On October 5, 2018, Convergys Corporation and Synnex announced that they have completed the merger.
In 2019, Synnex sits at number 158 on the Fortune 500 listing.
On January 9, 2020, Dennis Polk, President and Chief Executive Officer of Synnex, announced plans to separate SYNNEX and Concentrix into two publicly traded companies.
