Tech Data has announced that it has entered into an agreement to acquire the business of Inflow Technologies, a value-added distributer with expertise in areas of 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 is seeking to optimise 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.
Richard Hume, CEO of Tech Data, said: "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. 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.”
Byju Pillai, president and chief executive officer of Inflow Technologies, said: “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. 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.”