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Synnex - About the company

Synnex is a public company based in Fremont (United States), founded in 1980 by Robert T Huang. It operates as a Business process outsourcing services company. Synnex has raised an undisclosed amount in funding. The company has 126380 active competitors, including 972 funded and 7409 that have exited. Its top competitors include companies like IBM, Hewlett Packard Enterprise and Mindtree.

Company Details

Synnex is a business process outsourcing services company which provide services in distribution, contract assembly, and global business services. Has two business arms, distribution services and global business services (GBS). The distribution services arm deals with computer systems, peripherals, system components, software, networking equipment, distribution to value-added resellers, system integrators, and retailers. The GBS arm offers customer management, software development, web hosting, hosted software, domain name registration, and back-office processing services. Provides voice, chat, email, and digital print support. In 2021, the company recorded annual revenues of $14.64B and a net profit of $0.62B
Website
synnex.com
Social
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Registered Address
Fremont, California
Key Metrics
Founded Year
1980
Location
Fremont, United States
Stage
Public
Latest Funding Round
Ranked
Annual Revenue
$1B+ as on Nov 30, 2025
Employee Count
3,361 as on Apr 26, 2025
Investment & Acquisitions
Similar Companies
Exit Details
Public

Synnex's IPO details

Synnex got listed on Nov 25, 2003.
Click here to take a look at Synnex's IPO in detail
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Synnex's funding and investors

Synnex has raised funding over 1 round. Its latest funding round was a Post IPO round on Mar 02, 2022 for $*****. 1 investor participated in its latest round. Synnex has 1 institutional investor.

Here is the list of recent funding rounds of Synnex:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 02, 2022
7765250
Post IPO
2031374
5212263
4372485
2610457
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Synnex's founders and board of directors

Founder? Claim Profile
The founders of Synnex is Robert T Huang.
Here are the details of Synnex's key team members:

Synnex's employee count trend

Synnex has 3,361 employees as of Apr 25. Here is Synnex's employee count trend over the years:
Employee count trend for Synnex
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Synnex's Competitors and alternates

Top competitors of Synnex include IBM, Hewlett Packard Enterprise and Mindtree. Here is the list of Top 10 competitors of Synnex, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
80/100
2nd
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
78/100
3rd
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
78/100
4th
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
5th
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
6th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
74/100
7th
Logo for EPAM
EPAM
1993, Newtown (United States), Public
Provider of software development, data analytics, and other IT suite services
$50M
74/100
8th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
73/100
9th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
10th
Logo for Valtech
Valtech
1993, Paris (France), Acquired
Provider of diversified application development, IT consulting, and digital transformation services
-
73/100
173rd
Logo for Synnex
Synnex
1980, Fremont (United States), Public
Business process outsourcing services company
-
57/100
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Synnex's Investments and acquisitions

Synnex has made 4 investments in companies including Westcon-Comstor and Microland. Synnex has also acquired 5 companies including Minacs and Minacs.
Here is the list of investments & acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Aug 01, 2017
Investments
1985
Tarrytown (United States)
Jul 11, 2016
Acquisition
1981
Bengaluru (India)
Jan 31, 2014
Acquisition
1981
Bengaluru (India)
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Reports related to Synnex

Here is the latest report on Synnex's sector:

News related to Synnex

lockFilter this list
Media has covered Synnex for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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FAQs about Synnex

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