Skip to the content
W.Media
  • Home
  • Company
  • Conventions
  • Digital Events
  • Contact Us
  • Home
  • Company
  • Conventions
  • Digital Events
  • Awards
  • Contact Us
  • Tech News
  • Forum
  • Tech News
  • Digital Week
search
×
W.Media

Tech Data completes acquisition of Innovix to secure Asia Pacific growth

Published 2 October 2020

0 comments

stuart-crowley
W.media | editor
Share on Facebook Share
Share on TwitterTweet
Share on LinkedIn Share

Last month, we reported that Tech Data, a Fortune 500 company, was set to acquire Innovix Distribution in a move to expand their presence across Asia Pacific. Now, Tech Data has completed the deal in an effort to strengthen its end-to-end solutions.

While the sale price was not disclosed, Innovix is now wholly owned by Tech Data, who intend to expand their business in key geographies, including Hong Kong, Malaysia and Singapore.

“With the Innovix acquisition now complete, we are excited to welcome 500-plus new colleagues to Tech Data as we combine our expertise and share our strengthened end-to-end portfolio across the Asia Pacific region,” said Jaideep Malhotra, the President for Asia Pacific at Tech Data.

The acquisition of Innovix is said to accelerate the growth of Tech Data as a leading solutions aggregator for next-generation technologies within the cloud and security space as well as endpoint offerings across Asia Pacific.

Headquartered in Hong Kong, Innovix is a 60-year veteran in IT distribution with an expansive range of IT services, including servers, Uninterruptible Power Supplies, racks, cloud backups, threat intelligence and business continuity.

“We are dedicated to growing our footprint globally, and this Asia Pacific investment reflects our commitment to transforming Tech Data into a company that defines a new standard of operational and cultural excellence in our industry,” said Mr. Malhotra.

Innovix has a network spanning 8,000 channel partners with leading brands like Cisco, Fortinet, Hewlett Packard Enterprise, Huawei, Lenovo, Logitech, Microsoft, Pure Storage, Samsung, Toshiba, Veeam, and Vertiv.

In June 2020, Tech Data, one of the world’s largest technology distributors, was acquired by Apollo Global Management, a leading global alternative investment manager with offices in China, India, Japan, Hong Kong and Singapore.

Watch this space for more news and sign up for our newsletter to stay up-to-date. If you have a story or opinion to share, get in touch at editor@w.media.

Explore the latest for cloud and data centers in Singapore

Singapore has one of the most dominant tech industries in Asia, with advancements happening almost daily.

So, what can you expect from a hub market, the downstream opportunities to the edge markets, and the innovation of technology in the space of Cloud Computing, connectivity, cybersecurity and data centers?

Register now to explore what the future holds for cloud and data centers in Singapore at our Digital Summit

Get involved in the conversation and connect with your peers on LinkedIn and Facebook using #WMediaEvent!

> View all W.Media digital events

Receive the latest news.

We'll keep you in the loop.

Great! now press

Featured Articles


How China’s Data Center Industry is likely to shape up in 2021


Socomec energises Singapore with a powerful UPS training course


Back To Tech News

More Articles

Is Southeast Asia ready for a sustainable data center future?

Data center growth is accelerating in Southeast Asia, but... Read More

It’s About TIME, Malaysia Moves Forward

Malaysia is moving forward through many initiatives, some... Read More

ATMs at Japan’s Lawson Bank to accept SBI Remit’s international money transfer

International remittance services provider SBI Remit... Read More

FPT Telecom breaks ground on Vietnam’s biggest data center

One of Vietnam’s top telecommunication providers, FPT... Read More

Logo

W.Media is global B2B Tech
Marketing Agency that specializes in
PR, Digital Media Marketing and Events Coordination

  • facebook
  • linkedin
Quick Links
  • Company
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
Offerings
  • Tech News
  • Digital Events
  • Conventions
  • Digital Week

Copyright © 2020 W.Media | All Rights Reserved

Receive the latest news.

We'll keep you in the loop.

Great! now press