This communication includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Many of these factors are beyond Tech Data’s control. On February 12, 2020 Tech Data’s shareholders voted to approve and adopt the Merger Agreement at a special meeting of shareholders, which was one of the conditions to the closing of the merger. (In thousands, except par value and share amounts)
Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the fourth quarter and fiscal year ended January 31, 2020.
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Tech Data previously announced its entry into a definitive agreement (the “Merger Agreement”) with Tiger Midco, LLC (“Parent”), an affiliate of funds managed by affiliates of Apollo Global Management (NYSE: APO), a leading global alternative investment manager (“Apollo”). July 5, 2013 has been determined as record date on which the Satyam Computer Services ('Mahindra Satyam') shares will be swapped for Tech Mahindra shares under the approved scheme. Our end-to-end portfolio of products, services and solutions, highly specialized skills, and expertise in next-generation technologies enable channel partners to bring to market the products and solutions the world needs to connect, grow and advance. With reach, capabilities and resources that span the technology continuum, we are a vital link in the IT channel, delivering the insights and optimized solutions our channel partners depend on to compete in the market today, tomorrow and into the future.To continuously satisfy the worldâs ever-evolving demand for technology.To be the vital link in the technology ecosystem, enabling our channel partners to bring to market the products and solutions the world needs to connect, grow and advance.By providing channel partners with reach, efficiency and expertise, we become essential in their ability to meet the evolving needs of the technology market through exceptional service, insight and world-class execution.Tech Data is currently ranked No. Risks and uncertainties related to the proposed merger include, but are not limited to, the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement; the failure of the parties to satisfy conditions to completion of the proposed merger, including the failure of the parties to obtain required regulatory approvals; the risk that regulatory or other approvals are delayed or are subject to terms and conditions that are not anticipated; and the risks, uncertainties, and other factors detailed from time to time in Tech Data’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed or furnished with the Securities and Exchange Commission (the “SEC”). Our end-to-end portfolio of products, services and solutions, highly specialized skills and expertise in next-generation technologies enable channel partners to bring to market the products and solutions the world needs to connect, grow and advance.As the worldâs leading end-to-end technology distributor, we put singular focus on our customersâ needs and goals with the objectivity of a true strategic partner. It’s a major issue for those still running the operating system (OS), as it means either shifting to a new OS, or continuing with Windows 7 without future security updates from Windows. For additional information on the merger, please see Tech Data’s definitive proxy statement filed on January 10, 2020 as supplemented by the Current Report on Form 8-K filed on February 4, 2020. Tech Data filed Current Reports on Form 8-K on November 13, 2019 and November 29, 2019 providing further information with respect to the Merger Agreement and the Amendment No. The closing of the merger remains subject to the satisfaction or waiver of other customary closing conditions. “Our fourth quarter capped a momentous year for Tech Data,” said Rich Hume, chief executive officer. ABOUT TECH DATA Tech Data Corporation is one of the world’s largest wholesale distributors of technology products, services, and solutions. Ensuring minimal disruption to your customers’ operations, and perhaps even enhancing them, presents a great opportunity for you the reseller. 68 000 r f rences produits au catalogue, plus de 200 marques et un choix de 28 000 licences logicielles.Une logistique Ultra-performante : 47 000m d entrep t, 14 000 r f rences en stock permanent.