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Solution Provider News

Tech Data Completes Avnet TS Acquisition

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Tech Data Completes Avnet TS Acquisition

Tech Data finalises the €2.45bn acquisition of Avnet Technology Solutions (TS) business, creating what the distributor describes as "a premier global IT distributor with unmatched capabilities."

The combined Tech Data-Avnet TS operates in 40 countries and has an end-to-end porfolio of solutions and services ranging "from the datacentre to the living room." Avnet TS also brings partnerships with 40 vendors addressing the needs of 20000 countries in over 80 countries.

"This is a momentous day in our company's history and we are excited to welcome our talented colleagues at Technology Solutions to the Tech Data family," Tech Data CEO Bob Dutkowsky says. "Our combined company is perfectly positioned at the epicentre of the IT ecosystem — with the scale and scope to serve dynamic markets throughout the world-- giving our customers access to an end-to-end portfolio of IT solutions and efficiently bringing our vendors' products to new customers in more markets."

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Ingram Micro Refreshes EMEA Leadership

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Ingram Micro Refreshes EMEA Leadership

Ingram Micro brings new blood in its EMEA leadership team with the appointment of cloud specialist Jacek Murawski as VP of EMEA vendor engagement.

Murawski came to Ingram through the 2015 acquisition of cloud automation platform Odin, where he served as EMEA VP. He replaces Tasneem Baldiwala, who is moving to a "strategic planning and execution" position reporting directly to EMEA president Mark Snider. Prior to Odin, Murawski held EMEA leadership positions at Microsoft, Dell, SAP and Cisco.

Underneath Murawski come two new appointments reporting to him-- Günter Schiessl and Jordi Muñoz. Schiessl takes care of Ingram engagement with volume vendors across EMEA, while Muñoz assumes relationship management with value vendors.

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Exclusive Networks Buys TechAccess

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Exclusive Networks Buys TechAccess

French distributor Exclusive Networks hopes to gain "critical mass" in Benelux with the acquisition of Dutch VAD TechAccess. The financial details of the deal are not available.

TechAccess has offices in Son and Amersfoort (the Netherlands), and Antwerp (Belgium), and sells a product portfolio replete with security, server, storage and networking products from 32 vendors, as well as pre-sales, consultancy, training and maintenance services. It shares a number of partners with its new owner, including Fortinet, Brocade, Aruba, Arista, Huawei, Super Micro and Eddgecore Netowrks.

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ALSO Buys into France With BeIP

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ALSO Buys into France With BeIP

ALSO starts 2017 with an acquisition-- specifically French networking and security specialist distributor BeIP. The two parties agreed to keep the buying price secret.

BeIP offers a network and security infrastructure porfolio featuring the likes of Barracuda, Aruba Networks and AirWave, as well as related support services, across France and Africa. It focuses on market verticals such as telcos, and hopes achieve 2016 revenues of €20 million, a 30% increase over the previous years.

Post-acquisition BeIP CEO Erwan Le Guin remains a minority shareholder in the company, and will continue working with ALSO.

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Strong Performance in Tech Data's Q3 2016

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Strong Performance in Tech Data's Q3 2016

Tech Data sees double-digit Y-o-Y growth in global non-GAAP operating income for fiscal Q3 2017-- specifically by 14% Y-o-Y, reaching $81.1 million, on net sales worth $6.49 billion, a 1% Y-o-Y increase.

European revenues (making 60% of the global sales) see a 1% Y-o-Y increase to $3.9bn, with non-GAAP operating income for the quarter growing by 11% Y-o-Y to $42.2m. On the other hand American sales are up by 2% Y-o-Y to $2.6bn as non-GAAP operating income grows by 16% Y-o-Y to $42.5m.

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