January 9, 2020
Dear SYNNEX Partner
As a valued partner of SYNNEX I am thrilled to share some exciting news with you. Today SYNNEX announced plans to separate SYNNEX and Concentrix into two publicly traded companies: SYNNEX Technology Solutions, a leading IT distribution, services and integrated solutions company, and Concentrix, a leading global CX solutions company.
Each business serves distinct markets today and by design operates largely independently. We believe it is the right time to separate as it will enable even further acceleration of our innovations and solutions that benefit you. This transaction will provide SYNNEX enhanced agility to capitalize on market opportunities and align investments to meet your needs.
The pace of change in our industry requires constant innovation and transformation. We remain committed to providing both to you and will continue to leverage our scale, deep supply chain expertise, design and professional services and partner enablement platforms to help you become more differentiated in your marketplace.
We expect the separation will be complete by the 2nd half of 2020. As the close draws near we will reach out to you with important updates. Until then please don’t hesitate to contact us if you have any questions.
As always, we continue to be incredibly grateful for your business and remain 100% committed to delivering the innovation and value you rely on.
Many thanks for your continued support.
President and Chief Executive Officer