Wednesday, September 5, 2012

Tech Data to buy distribution companies in UK for $350 million




(Reuters) - Technology products distributor Tech Data Corp will buy several distribution companies from UK-based IT services provider Specialist Computer Holdings for about $350 million.


The companies to be acquired, which includes a number of brands in the UK, France and the Netherlands, generated third-party sales of about $1.75 billion for the year ended March 31, Tech Data said in a release.


(Reporting by Sruthi Ramakrishnan in Bangalore; Editing by Don Sebastian)




Source & Image : Yahoo

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