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Information Technology Services M&A image Information Technology Services M&A » By The Online Investor Staff, updated Mon., Nov. 30, 12:59 PM Recent mergers and acquisitions in the Information Technology Services M&A category.

Slide #31. SYNNEX Corporation IBM's customer relationship management

Acquirer: SYNNEX Corporation (SNX)
Acquiree: IBM's customer relationship management (IBM)
Details: SYNNEX Corporation (NYSE:SNX), a leading business process services company, today announced the completion of the initial close of the acquisition of IBM's customer relationship management (CRM) business on January 31, 2014. IBM's CRM business will be combined with Concentrix, a wholly-owned subsidiary of SYNNEX, to become one of the world's foremost customer engagement services companies in the $55 billion+ CRM BPO market.

Synnex is a business process services company, providing a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement to a range of enterprises. Co.'s segments are: Technology Solutions, which distributes peripherals, information technologysystems including data center server and storage solutions, system components, software, networking, communications and security equipment; and Concentrix, which provides a portfolio of solutions and business services focused on customer engagement, process optimization, technology innovation, front and back-office automation and business transformation to clients.

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Synnex is a business process services company, providing a range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement to a range of enterprises. Co.'s segments are: Technology Solutions, which distributes peripherals, information technologysystems including data center server and storage solutions, system components, software, networking, communications and security equipment; and Concentrix, which provides a portfolio of solutions and business services focused on customer engagement, process optimization, technology innovation, front and back-office automation and business transformation to clients.

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Company Name: 
SYNNEX Corp
Stock buyback: 
SNX buyback
Website: 
www.synnex.com
Sector: 
Information Technology Services
Number of ETFs Holding SNX: 
66
Total Market Value Held by ETFs: 
$996.62M
Total Market Capitalization: 
$8.34B
% of Market Cap. Held by ETFs: 
11.95%
Company Name: 
International Business Machines Corp
Stock buyback: 
IBM buyback
Website: 
www.ibm.com
Sector: 
Information Technology Services
Number of ETFs Holding IBM: 
136
Total Market Value Held by ETFs: 
$13.23B
Total Market Capitalization: 
$110.67B
% of Market Cap. Held by ETFs: 
11.95%
 

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