SINGAPORE–(BUSINESS WIRE)–Tech Data (Nasdaq: TECD) today announced it has entered into an agreement to acquire the business of Inflow Technologies (“Inflow Technologies”), a leading value-added distributer with expertise in areas like cybersecurity and networking. The acquisition is subject to customary regulatory approvals and is expected to close during Tech Data’s first quarter of fiscal year 2021.
By acquiring the business of Inflow Technologies, Tech Data will optimize its presence in the Asia Pacific region and strengthen the company’s end-to-end portfolio, enabling customers to offer a broader set of capabilities particularly around next-generation technologies like security.
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