Tech Data Corporation
Tech Data Corporation (Tech Data) is the US-based fortune 500 company engaged in the distribution of information technology (IT) products. It is also involved in logistics management and other value-added services. The major offerings of the company include system platforms, cases, drives, memory processors, motherboards, video cards, keyboards, monitors, technical support solutions, printers, modems, multimedia accessories, scanners, memory video media, power protection and software systems. Tech Data provides its offerings to over 125,000 value-added resellers (VARs), direct marketers, retailers, and corporate resellers. The company operates across North America, Latin America, and Europe. Tech Data is headquartered in Clearwater (Florida), the US.
In fiscal 2009, the company acquired certain assets of Scribona, AB, engaged in the distribution of IT products principally in the Nordic region of Europe.The company reported revenues of (U.S. Dollars) USD 22,099.88 million during the fiscal year ended January 2010, a decrease of 8.23% from 2009. The operating profit of the company was USD 263.84 million during the fiscal year 2010, an increase of 8.95% over 2009. The net profit of the company was USD 180.16 million during the fiscal year 2010, an increase of 53.61% over 2009.