Tech Data Signs Definitive Agreement to Acquire Innovix Distribution
Summary
The addition of Innovix will accelerate Tech Data’s growth in next-generation technologies, including within cloud and security, as well as endpoint offerings across the region. Innovix’s strong team of 500+ experienced professionals have in-depth local industry knowledge that will augment our expertise in the market and strengthen our ability to deliver higher value to our channel partners across the region,” said Jaideep Malhotra, president, Asia Pacific, Tech Data. “This investment demonstrates our commitment to the Asia Pacific region and is an important, early milestone in our transformational journey since being acquired by Apollo Global Management. Currently a part of Fortune Global 500-listed Jardine Matheson Group, Innovix has an extensive distribution network that spans more than 8,000 channel partners in Asia. The company works in partnership with leading global brands to provide an expansive range of technology products, solutions and services to all channel segments in the region.