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.”
BHIM to join e-commerce, competing with PhonePe and Google Pay
The government-supported payment software BHIM is getting ready to join t...
The latest version of X helps prevent deepfakes on social medi
To combat deepfakes and shallowfakes, Elon Musk revealed a new update t...
India and Namibia collaborate on a payment system similar to U
Once operational, the platform will enable digital transactions in Namibia,...
Sebi issues show-cause notices to six Adani group firms
Sebi issued show-cause notices to six Adani Group firms, including Adani ...
GLOBUS INFOCOM LTD.
MICROTEK INTERNATIONAL PVT. LTD.
AGGRESSIVE ELECTRONICS MANUFACTURING SERVICES PVT. LTD.
HP INDIA SALES PVT. LTD.
Technology Icons Of India 2023: Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla’s return to Vodafon...
Technology Icons Of India 2023: B.V.R. Subrahmanyam
B.V.R. Subrahmanyam belongs to Andhra Pradesh. He is a 1987-batch IAS ...
Technology Icons Of India 2023: Josh Foulger
Josh is the Country Head of India and MD of Bharat FIH Ltd (A Foxconn ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
New defence PSUs will help India become self-reliant
MIL, India’s biggest manufacturer and market leader is engaged in Pr...
DRDO is India's largest and most diverse research organisation
DRDO is the R&D wing of Ministry of Defence, Govt of India, with a vis...
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...
SATCOM INFOTECH PVT. LTD.
Satcom Infotech Pvt. Ltd is a distribution houses in security in India...
TECHNOBIND SOLUTIONS PVT. LTD.
TechnoBind’s business model is focused on identifying and partnering...