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Date: September 21, 2016

Tech Data Mobile expects strong demand for new Lenovo Moto Smartphones

Tech Data Mobile expects to see strong demand for the new additions to the Moto family now being made available to dealers and retailers, ensuring further momentum and added gains for Lenovo Mobile Business Group (MBG) in the smartphone market.

Lenovo MBG has now launched the ultra-thin and powerful Moto Z series of premium smartphones and the more affordable Moto E3 range, which – with its new 5-inch, 720p HD screen with Corning Gorilla Glass 3, and an RRP of under £100 – looks set to be a real contender in the value end of the market.…

Tech Data Corporation to Acquire Technology Solutions Business from Avnet for $2.6 Billion

Tech Data announced that it has entered into a definitive agreement to acquire the Technology Solutions business from Avnet, Inc. (NYSE: AVT) for $2.4 billion in cash and 2.785 million shares of Tech Data common stock, in a transaction valued at approximately $2.6 billion, based on a 15-day weighted average closing stock price.