SYNNEX completed the spin off into two listed companies worth c.$9.5bn.

SYNNEX, a technological distributor, completed the spin off its business units into two publicly traded companies, SYNNEX Technology Solutions, an IT distribution, services, and integrated solutions company, and Concentrix, a CX solutions company. "We are pleased to announce the completion of the separation transaction and wish the Concentrix team well as an independent publicly traded company. I am excited for the future of SYNNEX and the ongoing value we expect to deliver to our vendors, customers, associates and shareholders," Dennis Polk, SYNNEX President, and CEO.