**Editor’s Note: Please click here for a recap of the biggest channel-impacting merger and acquisition news from July.**
Three months after announcing its intent to acquire Westcon-Comstor’s North American and Latin American business, Synnex Corp. on Friday said it has closed on the $600 million acquisition from Datatec, Westcon-Comstor’s parent company.
With the acquisition of Westcon-Comstor’s Americas business, Synnex expects to gain strength in Latin America by expanding its business footprint. The deal expands business opportunities for partners, as well.
According to Synnex, here are the financial details of the acquisition:
“I’m excited to welcome the Westcon-Comstor Americas team to the Synnex family,” said Kevin Murai, president and CEO of Synnex. “We believe this talented team and their recognized leadership in the security, UCC and networking space will enhance our value proposition in the marketplace. The acquisition of Westcon-Comstor Americas continues to build on our strategy of positioning the business to where technology is growing.”
Partners will hear more about Synnex solutions and direction at the 2017 Synnex Inspire Conference in Greenville, South Carolina, Oct. 4-7.