SYNNEX Corp. (SNX) to Split Company into Two Publicly Traded Companies

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SYNNEX Announces Plan to Separate into Two Industry-Leading, Publicly Traded Companies

January 9, 2020 4:10 PM EST

FREMONT, Calif., Jan. 9, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX) today announced its plan to separate into two publicly traded companies: comprising of SYNNEX Technology Solutions, a leading IT distribution, services and integrated solutions company, and Concentrix, a leading global CX solutions company. Immediately following the transaction, SYNNEX shareholders will own shares of both SYNNEX and Concentrix.

"Today, SYNNEX is... More