Tech Data acquires the business of Inflow Technologies
By MYBRANDBOOK
Tech Data announced it has entered into an agreement to acquire the business of Inflow Technologies (“Inflow Technologies”), a value-added distributer with expertise in areas like cybersecurity and networking. The acquisition is subject to customary regulatory approvals and is expected to close during Tech Data’s first quarter of fiscal year 2021.
By acquiring the business of Inflow Technologies, Tech Data will optimize its presence in the Asia Pacific region and strengthen the company’s end-to-end portfolio, enabling customers to offer a broader set of capabilities particularly around next-generation technologies like security.
"The addition of Inflow Technologies directly supports our strategy of delivering higher value – especially in the areas of investing in next-generation technologies, strengthening our end-to-end portfolio and optimizing our global footprint," said Rich Hume, Chief Executive Officer, Tech Data. "In particular, this acquisition helps us to strengthen our portfolio of networking and security solutions we’re able to offer to our channel partners while optimizing our footprint in Asia Pacific, which is an important region for Tech Data.”
Inflow Technologies is headquartered in Bangalore, India, and is a value-added distributor for a host of technologies, including cybersecurity, networking, unified communications and collaboration, storage and server management, infrastructure and application software, automatic identification and data capture, electronic security, and related services in South Asia.
“As a technology enabler, Inflow Technologies brings a variety of core competencies to Tech Data, including business development, channel engagement, training, and pre-sales and post-sales support,” said Byju Pillai, President and Chief Executive Officer, Inflow Technologies. “Our combined skills, portfolios, talent and shared commitment to exceptional service with world-class execution will enable us deliver higher value to our channel partners.”
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : AMIT CHADHA
Amit Chadha serves as the CEO and Managing Director of L&T Technology ...
Icons Of India : Bhavish Aggarwal
Indian entrepreneur Bhavish Aggarwal is the CEO of Ola, India’s larg...
Icons Of India : Arjun Malhotra
Arjun Malhotra, the Chairman of Magic Software Inc., is widely recogni...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
GSTN - Goods and Services Tax Network
GSTN provides shared IT infrastructure and service to both central and...
ECIL - Electronics Corporation of India Limited
ECIL is distinguished by its diverse technological capabilities and it...
Indian Tech Talent Excelling The Tech World - ARVIND KRISHNA, CEO – IBM
Arvind Krishna, an Indian-American business executive, serves as the C...
Indian Tech Talent Excelling The Tech World - Steve Sanghi, Executive Chair, Microchip
Steve Sanghi, the Executive Chair of Microchip Technology, has been a ...
Indian Tech Talent Excelling The Tech World - Sundar Pichai, CEO- Alphabet Inc.
Sundar Pichai, the CEO of Google and its parent company Alphabet Inc.,...