Synnex gains safe
SYNNEX Corporation, leading international IT & business wholesale supplier, announced an exclusive agreement to distribute its innovative powder thermoplastic polyurethane (TPU) suitable for 3D printing eg HP for end-use applications that require safe skin contact.
ZoomInfo shoots
In the first tech IPO since Covid lockdown, ZoomInfo (not Zoom Video) soared more than 80% in its IPO underscoring investors’ appetite for high-growth subscription software companies. CEO Henry Schuck explains his business model to aid sales and marketing pros
Smucker serves
J. M. Smucker, the US beverage & food services brands supplier, reported double digit demand growth in Q4'20 ended 30Apr'20. Sales through grocery stores and online surged to meet high WFH demand, offsetting the business supply channel
FedEx follows
Dinosaur delivery giants UPS & FedEx dominated the logistics scene until 5yrs ago raising prices in unison at will. Never comfortable with the immediate demands of ecommerce; first FedEx were fired by Amazon and next expect UPS to be ousted. Usually higher volume leads tolower prices. Clearly these arrogant cartel cronies think they can continue unopposed
Kinly captures
Dutch AV specialist Kinly founded in 2018 and backed by venture capitalist has acquired a UK video comms leader. CEO Robbert Bakker confirmed the important step in its global expansion plans rivalling Exertis & Midwich who are also on an acquisition roll
Z o o m Video
Video collaboration specialist Zoom's (CEO Eric Yuan, pic left) launched a successful IPO last April and continued its relentless progress with outstanding sales and profits growth in Q1'21, outstripping competition
Microsoft Teams
Mighty Microsoft is gearing up to attack Zoom, Slack & Cisco in a battle to win the business market for group conferencing & collaboration software. CEO Satya Nadella sees Teams product as crucial to leadership in cloud computing & unified comms
Grainger divests
Leading $11Bn in sales, broadline industrial & biz supplier, Grainger has agreed to sell Europe MRO/fastener distributor Fabory Group to a PE firm. It bought Fabory in 2011 and growth has failed to match its international online operations in Zoro & MonotaRO
Nestle can't do
Nestle, the global #1 food & beverage supplier, has had a roller coaster year with questions raised against the Poland Spring water source; court issues over its copycat branding with Incredible Burger; and innovation in reusable & refillable Nescafe dispensers.
SBL Doye thinks
After giant IT reseller CDW acquired Kelway in 2016, the latter's founder bided his time before acquiring SBL, the Ministry of Defence tech services provider in 2019. Now one year later he plans to rename the company in line with its original roots and corporate customer focus...
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