Announced
Financials
Tags
cybersecurity
it infrastructure
India
Majority
Friendly
IT Services: Other
Private
Single Bidder
Acquisition
Failed
Synopsis
Tech Data, an American multinational distribution company specializing in IT products and services, offered to acquire Inflow Technologies, a value-added distributer with expertise in areas like cybersecurity and networking. Financial terms were not disclosed. The deal was terminated in February 2020. "We respect Inflow’s decision to go in a different direction. Tech Data is committed to our strategy of delivering higher value by strengthening our end-to-end portfolio and optimizing our global footprint, and we continue to explore opportunities to grow our business in alignment with this strategy," Jaideep Malhotra, Tech Data President, Asia Pacific.
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