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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.

HPE Financial Services can help you sell more Public Sector deals

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HPE Financial Services are now available through Tech Data and with budgets continuing to be placed under pressure following the government’s spending review, the Public Sector is being targeted as a key area in which leasing and extended finance can really make a difference.