SYNNEX’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

SYNNEX is a provider of IT distribution and customer care outsourced services for businesses. Read more

SYNNEX is a provider of IT distribution and customer care outsourced services for businesses. Read more

Dennis Polk's photo - President & CEO of SYNNEX

President & CEO

Dennis Polk

CEO Approval Rating

99/100

Founded:

1980

Status:

PublicNYSESNX

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

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Arrow Electronics is SYNNEX's #1 rival. Arrow Electronics is a Public company that was founded in Centennial, Colorado in 1935. Arrow Electronics competes in the Electrical Components & Equipment field. Arrow Electronics has 215,700 fewer employees vs. SYNNEX.

Ingram Micro is perceived as one of SYNNEX's biggest rivals. Ingram Micro was founded in 1979, and is headquartered in Irvine, California. Ingram Micro is in the Computer & Electronics Retail field. Ingram Micro generates $23.4B more revenue vs. SYNNEX.

ScanSource is a top competitor of SYNNEX. ScanSource is a Public company that was founded in 1992 in Greenville, South Carolina. ScanSource competes in the Technology Hardware industry. Compared to SYNNEX, ScanSource has 232,800 fewer employees.

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Is Conduent a competitor of SYNNEX?

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$23.8B

SYNNEX's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 14.5B. Over the last four quarters, SYNNEX's revenue has decreased by 1.8%. Specifically, in Q3 2020's revenue was $6.5B; in Q2 2020, it was $5.5B; in Q1 2020, it was $5.3B; in Q4 2019, SYNNEX's revenue was $6.6B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

-

Sep 2013

Source »
$505M
-

These are all the companies that SYNNEX has acquired. SYNNEX's latest acquisition was in Sep 2013.

SYNNEX Funding History

$78.3M

Since SYNNEX was founded in 1980, it has participated in 1 round of funding. In total SYNNEX has raised $78.3M. SYNNEX's funding round was on Nov 2003 for a total of $78.3M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Nov 2003
$78.3M
-

Total Funding: $78.3M

Since SYNNEX was founded in 1980, it has participated in 1 round of funding. In total SYNNEX has raised $78.3M. SYNNEX's funding round was on Nov 2003 for a total of $78.3M

Investments

No recent investments found related to SYNNEX

SYNNEX News

September 29, 2020NewsOk

Fiscal 3Q Earnings Snapshot

FREMONT, Calif. (AP) _ Synnex Corp.Read more on NewsOK.com... See more »
September 11, 2020UC Today

SYNNEX Reveals Partnership with Five9

Leading business process services company, SYNNEX, recently announced a new agreement with the Five9 ... See more »
September 8, 2020Seeking Alpha

A Value Play In The Tech Sector

August 31, 2020Rave Publication

SYNNEX Corporation Expands Unified Communications and Collaboration Portfolio with Mitel

Greenville, S.C. - August 31, 2020 - SYNNEX Corporation, a leading business process services company,... See more »
August 25, 2020AVNetwork

Synnex Signs Strategic Agreement with Five9

Synnex Corp. has signed an agreement with Five9 to provide cloud-based contact center services to the... See more »
August 24, 2020Rave Publication

SYNNEX Partners With Five 9 for CCaaS Offerings

SYNNEX Corporation announced its agreement with Five9 Inc. to provide cloud-based contact center serv... See more »
August 13, 2020Biometric Update

Concentrix launches remote work platform with facial biometric authentication for CX industry

Concentrix has launched a Work-at-Home (WAH) platform with biometric authentication for the customer ... See more »

SYNNEX Press Releases

July 15, 2020StreetInsider

SYNNEX Corporation's Bob Stegner Named to CompTIA IT Hall of Fame

GREENVILLE, S.C., July 15, 2020 /PRNewswire/ --...... See more »
July 7, 2020PR Newswire

SYNNEX Westcon Builds on its Secure Networking Program for 2020

GREENVILLE, S.C., July 7, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading business pro... See more »
June 23, 2020Business Wire

K2 Cyber Security and SYNNEX Corporation Sign Agreement for Distribution of K2 Security Platform

SAN JOSE, Calif.--(BUSINESS WIRE)--K2 Cyber Security signs distribution agreement with SYNNEX Corp. t... See more »
June 11, 2020StreetInsider

SYNNEX Corporation to Announce Second Quarter Fiscal 2020 Results on June 25, 2020

FREMONT, Calif., June 11, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading business pro... See more »
June 5, 2020StreetInsider

SYNNEX Corporation Named U.S. Distributor of Lubrizol's Innovative 3D Printing Material

GREENVILLE, S.C., June 5, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading business pro... See more »
June 3, 2020PRcom

Sundance Media Group Announces Drone Training Reseller Agreement with SYNNEX Corporation

Agreement Provides Certified Drone Training to Government Agencies and Organizations Across the U.S. ... See more »
May 28, 2020centralcharts

SYNNEX Corporation Completes Securitization Renewal

SYNNEX Corporation Completes Securitization Renewal PR Newswire FREMONT, Calif., May 28, 2020 FREMONT... See more »

SYNNEX Videos

Social Statistics

Headquarters

44201 Nobel Drive

Fremont, California94538

1-510-656-3333

Driving Directions »

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Summary

ABOUT

Overview

SYNNEX is a provider of IT distribution and customer care outsourced services for businesses. SYNNEX was founded in 1980. SYNNEX's headquarters is located in Fremont, California, USA 94538. It has raised 78.3M in 1 round. The latest round was in Nov 2...

CEO

SYNNEX's President & CEO, Dennis Polk, currently has an approval rating of 99%. SYNNEX's primary competitors are Arrow Electronics, Ingram Micro & ScanSource.

Website

synnexcorp.com

Frequently Asked Questions about SYNNEX

  1. When was SYNNEX founded?

    SYNNEX was founded in 1980
  2. Who is SYNNEX's CEO?

    SYNNEX's CEO is Dennis Polk
  3. How much revenue does SYNNEX generate?

    SYNNEX generates $23.8B in revenue
  4. How much funding does SYNNEX have?

    SYNNEX has historically raised $78.3M in funding
  1. Where is SYNNEX's headquarters?

    SYNNEX's headquarters is in Fremont California, USA
  2. How many employees does SYNNEX have?

    SYNNEX has 235,000 employees
  3. What sector does SYNNEX operate in?

    SYNNEX is in Data Processing Services, IT Services, Outsourcing
  4. Who are SYNNEX's competitors?

    SYNNEX's top competitors are Arrow Electronics, Ingram Micro, ScanSource