SYNNEX Corporation Advances to #169 on the Fortune 500 List of Largest Companies
May 24, 2018
SYNNEX Corporation (NYSE: SNX), a leading business process services company, announced today that its Fortune 500 ranking advanced 29 positions to #169. The Fortune 500 list ranks the largest private and public US companies based on their prior year’s annual revenue. SYNNEX reported $17 billion in revenue for its 2017 fiscal year, a 21 percent year-over-year increase.
SYNNEX Corporation operates two business segments: Technology Solutions, which brings the most relevant technology solutions to market to help partners sustainably grow their businesses; and Concentrix, which improves business outcomes through customer engagement, maximized customer ecosystems, innovative technology, advanced analytics and process optimization.
“SYNNEX’ record performance, organic investments, and the strategic acquisition of Westcon-Comstor Americas contributed to a successful year as we continued to expand our business reach,” said Dennis Polk, President and Chief Executive Officer, SYNNEX Corporation. “Our continued success would not be possible without the support from our associates, partners and customers worldwide.
Since its debut on the Fortune 500 list in 2007 at #360, SYNNEX has moved up 191 spots to its current position at #169.
SYNNEX Corporation (NYSE: SNX) is a Fortune 500 corporation and a leading business process services company, providing a comprehensive range of distribution, logistics and integration services for the technology industry and providing outsourced services focused on customer engagement strategy to a broad range of enterprises. SYNNEX distributes a broad range of information technology systems and products, and provides systems design and integration solutions. Concentrix, a wholly-owned subsidiary of SYNNEX Corporation, offers a portfolio of strategic solutions and end-to-end business services around customer engagement strategy, process optimization, technology innovation, front and back-office automation and business transformation to clients in ten identified industry verticals. Founded in 1980, SYNNEX Corporation operates in numerous countries throughout North and South America, Asia-Pacific and Europe. Additional information about SYNNEX may be found online at www.synnex.com.
Safe Harbor Statement
Statements in this news release that are forward-looking, such as features and capabilities of products and services, security product offering expansion, technology trends, and general success of collaborations, involve known and unknown risks and uncertainties which may cause the Company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The Company assumes no obligation to update any forward-looking statements contained in this release.
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