Synnex

Hyve Solutions Named Design Partner for NVIDIA HGX Product Line

Retrieved on: 
Wednesday, May 1, 2024
Software, Networks, Internet, Hardware, Artificial Intelligence, Data Management, Technology, IOT (Internet of Things), Synnex, AI, Machine learning, Communication, Artificial intelligence, NVIDIA, Hyves, FIN Atlantic Film Festival, SMT, Graphics processing unit, HGX, Organization, Growth, Deep learning, Video game

Hyve Solutions Corporation , a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announced it has become a design partner for the NVIDIA HGX platform.

Key Points: 
  • Hyve Solutions Corporation , a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, today announced it has become a design partner for the NVIDIA HGX platform.
  • “NVIDIA’s HGX platform empowers organizations worldwide with powerful performance and scalability,” said Steve Ichinaga, President, Hyve Solutions.
  • “Designation as a design partner underscores our commitment to meet the evolving needs of our customers through the swift and efficient creation of next-generation AI solutions that drive transformation and shape the future of computing.”
    As an NVIDIA HGX design partner, Hyve offers a wide range of NVIDIA AI solutions that are optimized for NVIDIA H100 , H200 , and Blackwell GPUs while incorporating foundational industry technologies such as liquid cooling and DC busbar power architectures.
  • “As an NVIDIA HGX designer partner, Hyve Solutions is empowered to help design and manufacturing teams across organizations overcome their most complex datacenter infrastructure challenges.”
    As a fully vertical integrated original design manufacturer with US-based SMT operations, Hyve leverages its extensive design and manufacturing expertise, experience and global footprint to deploy AI datacenter architectures quickly and efficiently.

TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Friday, April 5, 2024
Semiconductor, Security, Satellite, Photography, Nanotechnology, Audio, Video, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Consumer Electronics, VoIP, Technology, Mobile, Wireless, Apollo Global Management, Mizuho Securities, Goldman Sachs, Vesey Street, Telephone, Sale, Attention, Security (finance), Prospectus, Broadridge Financial Solutions, Syndicate, Share repurchase, Equity capital markets, Hand, RBC Capital Markets, Synnex, TD SYNNEX

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 5,309,299 shares of its common stock.

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 5,309,299 shares of its common stock.
  • The offering is expected to close on or about April 9, 2024, subject to customary closing conditions.
  • TD SYNNEX will not receive any of the proceeds from the sale of shares by the Selling Stockholders in the offering.
  • In addition, the Company has agreed to purchase from the underwriters 1,750,000 shares of common stock that are the subject of the offering at a price per share equal to the price per share to be paid by the underwriters to the Selling Stockholders (the “Concurrent Share Repurchase”) under the Company’s existing share repurchase program.

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, April 4, 2024
Semiconductor, Security, Satellite, Photography, Nanotechnology, Audio, Video, Other Technology, Telecommunications, Software, Networks, Internet, Hardware, Electronic Design Automation, Data Management, Consumer Electronics, VoIP, Technology, Mobile, Wireless, Apollo Global Management, Mizuho Securities, SYNNEX, Goldman Sachs, Vesey Street, Telephone, Sale, Attention, Security (finance), Prospectus, Broadridge Financial Solutions, Syndicate, Share repurchase, Equity capital markets, Hand, RBC Capital Markets, Synnex, TD SYNNEX

TD SYNNEX is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares by the Selling Stockholders in the offering.

Key Points: 
  • TD SYNNEX is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares by the Selling Stockholders in the offering.
  • In addition, the Company has authorized the purchase from the underwriters of 1,750,000 shares of common stock as part of the secondary public offering (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is part of the Company’s existing share repurchase program.
  • The Company intends to fund the Concurrent Share Repurchase from existing cash on hand.

TD SYNNEX Announces Launch of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Wednesday, March 27, 2024
Data Management, Security, IOT (Internet of Things), Technology, Networks, Internet, Apollo Global Management, BofA Securities, Mizuho Securities, SYNNEX, Telephone, Sale, ATTN:, Attention, Security (finance), Prospectus, Broadridge Financial Solutions, Share repurchase, Equity capital markets, Hand, Synnex, TD SYNNEX

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 9,000,000 shares of its common stock currently held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”).

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced a proposed secondary public offering of 9,000,000 shares of its common stock currently held by certain entities managed by affiliates of Apollo Global Management, Inc. (the “Selling Stockholders”).
  • TD SYNNEX is not selling any shares of its common stock and will not receive any proceeds from the sale of the shares by the Selling Stockholders in the offering.
  • In addition, the Company has authorized the purchase from the underwriters of 500,000 shares of common stock as part of the secondary public offering, provided that the total amount of shares to be repurchased does not exceed $60.0 million (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is part of the Company’s existing share repurchase program.

TD SYNNEX Announces Pricing of Upsized Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, March 28, 2024
Data Management, Security, IOT (Internet of Things), Technology, Networks, Internet, Apollo Global Management, BofA Securities, Mizuho Securities, Telephone, Sale, ATTN:, Attention, Security (finance), Prospectus, Broadridge Financial Solutions, Share repurchase, Equity capital markets, Hand, Synnex, TD SYNNEX

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing and upsize of the previously announced secondary public offering of 10,500,000 shares of its common stock.

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing and upsize of the previously announced secondary public offering of 10,500,000 shares of its common stock.
  • The offering is expected to close on or about April 2, 2024, subject to customary closing conditions.
  • The underwriters will have a 30-day option to purchase up to an additional 1,575,000 shares of common stock from the Selling Stockholders.
  • TD SYNNEX will not receive any of the proceeds from the sale of shares by the Selling Stockholders in the offering.

TD SYNNEX Recognizes Chair Emeritus and Technology Pioneer Matthew Miau

Retrieved on: 
Friday, March 22, 2024
Software, Mobile, Wireless, Networks, Hardware, Electronic Design Automation, IOT (Internet of Things), Technology, Artificial Intelligence, Security, Nanotechnology, Audio, Video, Other Technology, Chair, Growth, Tech Data, SNX, MiTAC, Ecosystem, Retirement, Synnex, CNFI, TD SYNNEX, Management

As the Board’s longest-tenured director with service spanning three decades, Miau’s tenure began when he was named Chair of the SYNNEX Corporation Board in 1992.

Key Points: 
  • As the Board’s longest-tenured director with service spanning three decades, Miau’s tenure began when he was named Chair of the SYNNEX Corporation Board in 1992.
  • He served as Chair until 2008 followed by Chair Emeritus and Director, and under his guidance, the company underwent transformative growth, evolving into a global technology powerhouse.
  • As he prepares to retire from the Board, company leaders reflect on his extraordinary contributions to TD SYNNEX and the broader technology business partners ecosystem.
  • He understands that technology isn’t just about products; it’s about enabling success,” said Rich Hume, CEO, TD SYNNEX.

Hyve Solutions Showcases Next-Generation AI Lifecycle Solutions at NVIDIA GTC AI Conference

Retrieved on: 
Monday, March 18, 2024
Hardware, Electronic Design Automation, Security, Data Management, Satellite, Manufacturing, Photography, Technology, Nanotechnology, Audio, Video, Artificial Intelligence, Other Technology, Machinery, Networks, Internet, Mobile, Wireless, Sales, ODM, AI, Computing, SMT, Booth, San Jose Convention Center, NVIDIA, Synnex

Hyve Solutions Corporation , a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, is showcasing at the NVIDIA GTC AI conference this week an array of products tailored for the entire AI lifecycle and catering to the demands of AI datacenters, hybrid cloud, and edge deployments.

Key Points: 
  • Hyve Solutions Corporation , a wholly owned subsidiary of TD SYNNEX Corporation (NYSE: SNX) and a leading provider of hyperscale digital infrastructures, is showcasing at the NVIDIA GTC AI conference this week an array of products tailored for the entire AI lifecycle and catering to the demands of AI datacenters, hybrid cloud, and edge deployments.
  • Hyve’s offerings underscore its dedication to the design and deployment of advancements in AI and underscore its collaborations with industry leaders such as NVIDIA.
  • “Our commitment to technology leadership, coupled with our innovative building block strategy, uniquely positions us to meet the evolving AI needs of our customers,” said Steve Ichinaga, President, Hyve Solutions.
  • Explore Hyve’s innovative solutions firsthand at Booth 1129 during the 2024 NVIDIA GTC AI conference running March 18-21 at the San Jose Convention Center, located in San Jose, California.

ZutaCore's HyperCool Liquid Cooling Technology to Support NVIDIA's Advanced H100 and H200 GPUs for Sustainable AI

Retrieved on: 
Wednesday, March 13, 2024
MHI, Research, Intel, Certification, GTC, Conference, GPU, ASUS, Deep learning super sampling, H100, Mitsubishi Heavy Industries, Partnership, Risk, Synnex, HPC, AI, Supermicro, ACM/IEEE Supercomputing Conference, XEON, Water, Marketing, Graphics processing unit, Dell Technologies, CO2, Ecosystem, Traction, Pegatron, NVIDIA, Central processing unit, CPU, Video game

SAN JOSE, Calif., March 13, 2024 /PRNewswire/ -- ZutaCore®, a leading provider of direct-to-chip, waterless liquid cooling solutions, today announced support for the NVIDIA H100 and H200 Tensor Core GPUs to help data centers maximum AI performance while delivering sustainability. Several leading server manufacturers are engaged with ZutaCore to complete the certification and testing on these GPU platforms. During the GTC 2024 Conference, ZutaCore will be showcasing H100 and H200 waterless dielectric cold plates supporting 1500W and beyond in the Boston Limited, Hyve Solutions, and Pegatron booths.

Key Points: 
  • "Next-generation GPUs have unique cooling requirements that are most effectively solved by waterless, direct-to-chip liquid cooling technology for current GPU of 1500W while increasing rack-processing density by 300%," said Erez Freibach, Co-founder and CEO at ZutaCore.
  • The increasing need for sustainable AI solutions highlights the importance of sustainable practices in data centers.
  • "With the worldwide AI server market expected to reach $49B by 2027, this announcement from ZutaCore supporting next generation GPUs designs is a significant milestone in the industry."
  • ZutaCore technology, including H100 and H200 dielectric cold plates, will be on display in the Boston Limited booth #1621, Pegatron booth #533, and Hyve Solutions booth #1129.

CallTower Strengthens Partnership Opportunities with OMNIA Contract through TD Synnex

Retrieved on: 
Wednesday, January 31, 2024
Partnership, Knowledge, Public sector, Government, TD Synnex, Education, Synnex, SVP, Communication, TD SYNNEX, SLED

The partnership between TD Synnex and CallTower will empower their partners to transact easily and efficiently in the public sector.

Key Points: 
  • The partnership between TD Synnex and CallTower will empower their partners to transact easily and efficiently in the public sector.
  • Through the OMNIA contract, CallTower and TD Synnex can offer competitive pricing and discounts to government agencies and educational institutions.
  • “TD Synnex is proud to collaborate with CallTower and help create an expedited route to market for these critical communications solutions,” explained Eddie Franklin, SVP TD SYNNEX Public Sector.
  • We look forward to bringing CallTower solutions to a wider audience.”
    “We are incredibly excited about expanding our partnership with TD SYNNEX,” said William Rubio, CallTower Chief Revenue Officer.

TD SYNNEX Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Monday, January 29, 2024
Software, Mobile, Wireless, Networks, Internet, Professional Services, Hardware, Electronic Design Automation, Fintech, Data Management, Technology, Security, Telecommunications, Hand, Apollo Global Management, Syndicate, RBC Capital Markets, Share repurchase, Prospectus, BofA Securities, Sale, Bryant Park, Vesey Street, Synnex, Telephone, Attention, TD SYNNEX, Security (finance)

TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 7,625,000 shares of its common stock.

Key Points: 
  • TD SYNNEX Corporation (NYSE: SNX) (“TD SYNNEX” or the “Company”) today announced the pricing of the previously announced secondary public offering of 7,625,000 shares of its common stock.
  • The offering is expected to close on or about January 31, 2024, subject to customary closing conditions.
  • The underwriters will have a 30-day option to purchase up to an additional 1,143,750 shares of common stock from the Selling Stockholders.
  • TD SYNNEX will not receive any of the proceeds from the sale of shares by the Selling Stockholders in the offering.