Tech Data today announced it has signed an agreement to acquire the business of Inflow Technologies, a leading value-added distributer with expertise into the areas including networking & security. The acquisition is subject to regulatory approvals of India and is expected to close during Tech Data’s first quarter of fiscal year 2021.
Tech Data is investing in next-generation technologies, strengthening its end-to-end portfolio and optimizing its footprint in Asia and India. Post acquisition, the business of Inflow Technologies and 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 to our strategy for delivering value – especially in the areas of investing in next-generation technologies, strengthening our end-to-end portfolio and optimizing our global footprint," said Jaideep Malhotra, President, Asia Pacific-Tech Data. He further added, “This acquisition helps us to strengthen our portfolio of networking and security solutions we are 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 a value-added distributor based out of Bangaluru dealing in various portfolio of products and solutions 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.
“With this acquisition the portfolio will be quite broaden and will invest into next generation areas and will expand our presence in India. It will double the size of our revenues in India and expand our footprint and bring more value to our channel partners in terms of having an end-to-end portfolio” said Sundar Kanappan, Vice-President and General Manager, Tech Data India.
Jaideep said, “Until we have the regulatory approval, the two companies will operate separately and will continue the business as usual. The integration plans will be shared only after the regulatory approval and is expecting this to be completed somewhere in q1 of 2020.”
He further added, “Our strategy is to double with the next generation technologies coming up into the growth area including cloud, networking, security, analytics and IoT. We are putting more resources towards these areas and technologies, also into our core growth area into the data center business growth.”
“My message to the channel partners is, channel partners are at the heart of our strategy. Constantly we're thinking on how to bring more value, broader portfolio and more technical skills”
“We are excited to be part of the large organisation and we will become No.1 VAD in the country in the coming days” said Byju Pillai, President and Chief Executive Officer, Inflow Technologies. “It will enable us to deliver higher value to our channel partners.”
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