SYNNEX Completes Acquisition of The Minacs Group Pte

SYNNEX Completes Acquisition of The Minacs Group Pte

ID: 486820

(Thomson Reuters ONE) -



FOR IMMEDIATE RELEASE
Media Contact: Jyllene Miller
(480) 696-7058|
jyllene.miller(at)concentrix.com


SYNNEX Completes Acquisition of The Minacs Group Pte
Concentrix a Top 10 Global Provider

Fremont, CA - Aug. 2, 2016 - SYNNEX Corporation (NYSE: SNX), a leading business
process services company, today announced the completion of the acquisition of
The Minacs Group Pte, which will be integrated into its Concentrix business
segment.

The new combined Concentrix organization will have more than 90,000 Concentrix
staff providing services in over 40 languages from 125 delivery centers across
six continents. Minacs will continue doing business under its existing name for
approximately three months until the rebranding to Concentrix is completed.

"I'm excited to welcome the Minacs staff to the Concentrix family," said Chris
Caldwell, President of Concentrix. "We believe the diverse and talented staff
with the complementary footprint and deep domain knowledge will continue to
enhance our value proposition in the market place. The acquisition of Minacs
continues to build on our vision of being the greatest customer engagement
company."

The acquisition strengthens the company's position as a Top 10 global provider,
provides greater scale and capabilities in a variety of industries and enhances
its technology solutions and platforms. For more information, visit
www.concentrix.com.
About Concentrix

Concentrix, a wholly owned subsidiary of SYNNEX, has operations across six
continents with approximately 125 delivery centers. It has more than 90,000
employees servicing more than 450 clients in more than 40 languages. The company
has a large delivery footprint in India, the Philippines, Europe, Asia/Pacific,
North America and South America. Concentrix has expertise in 10 industries and




offers enhanced capabilities in customer optimization, process optimization,
advanced analytics, enabling technologies and non-voice services. Concentrix
delivers services by voice, mobile, social and Web chat across multiple
geographies. The company operates with a holistic view that includes all
customer touchpoints in an omni-channel approach. For information and recent
news, visit www.concentrix.com.

About SYNNEX

SYNNEX Corporation (NYSE: SNX), a Fortune 500 corporation, is a leading business
process services company, optimizing supply chains and providing outsourced
services focused on customer relationship management. SYNNEX distributes a broad
range of information technology systems and products, and also provides systems
design and integration solutions. Founded in 1980, SYNNEX Corporation operates
in 26 countries around the world. Additional information about SYNNEX may be
found online at www.synnex.com.


Safe Harbor Statement

Statements in this news release which are not historical facts, are "forward-
looking statements" within the meaning of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934. These forward-
looking statements may be identified by terms such as believe, foresee, expect,
may, will, provide, could and should and the negative of these terms or other
similar expressions. These statements, including statements regarding the impact
of the transaction on Concentrix' and SYNNEX' business and operations, the
expected timing of the rebranding of Minacs, the belief that the transaction
will enhance Concentrix' value proposition in the marketplace,  and statements
that the acquisition strengthens Concentrix' position as a Top 10 global
provider, provides greater scale and capabilities and enhances its technology
solutions and platforms are subject to risks and uncertainties that could cause
actual results to differ materially from those discussed in the forward-looking
statements. These risks and uncertainties include, but are not limited to, risks
relating to Concentrix' ability to successfully integrate the Minacs businesses
into its operations, the impact of the acquisition on Concentrix' and SYNNEX'
operations and financial performance, Concentrix' ability to compete
effectively, and other risks and uncertainties which apply to SYNNEX
Corporation, which are detailed in our Form 10-K for the fiscal year ended
November 30, 2015 and subsequent SEC filings. Statements included in this press
release are based upon information known to SYNNEX Corporation as of the date of
this release, and SYNNEX Corporation assumes no obligation to update information
contained in this press release.

SNX-G




This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Synnex Corporation via GlobeNewswire
[HUG#2032576]




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Bereitgestellt von Benutzer: hugin
Datum: 02.08.2016 - 14:55 Uhr
Sprache: Deutsch
News-ID 486820
Anzahl Zeichen: 5642

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