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TECD meaning in Business ?

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Answer: What is Tech Data Corporation mean?

Tech Data Corporation (commonly referred to as Tech Data) is an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida as of 2021. However, there's possibility that this could change in the upcoming year due to their merger with their competitor, Synnex. There is no word yet about whether HQ will remain with Tech Data or Synnex; or even if the company's name will change. Synnex is to be the primary owner (55% share). Tech Data provides a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as Google, Apple, Cisco, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc., IBM, Lenovo, LG, Microsoft, Sony, Symantec, Trend Micro, Viewsonic and VMware, to deploy IT solutions.

Tech Data is now one of the world's largest distributors of IT products and services, generating $37.7 billion in net sales for the fiscal year ended January 31, 2017. The company ranked No. 83 on the 2018 Fortune 500 and one of Fortune's "World's Most Admired Companies."

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