Tech Data is acquiring Inflow Technologies, a value-added distributer (VAD) focused on cybersecurity, networking, unified communications, storage and server management, and more. Inflow headquartered in Bangalore, India, supports South Asia partners. The deal, subject to regulatory approvals, is expected to close during Tech Data’s first quarter of fiscal year 2021.
In a prepared statement, Tech Data CEO Richard Hume 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.”
Added Inflow CEO Byju Pillai:
“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 to deliver higher value to our channel partners.”
Tech Data Acquired By Private Equity
Meanwhile, Apollo Global Management’s $6 billion buyout of Tech Data appears on-track to close sometime in the first half of 2020. Tech Data will exit public markets at that time, and the distributor is expected to remain a buyer as the technology industry seeks more scale in such areas as cloud services, automation, artificial intelligence, networking and data center capabilities.