TD Synnex agrees to buy BlueStar
SNX•TD Synnex agreed to acquire specialty technology distributor BlueStar, with no terms disclosed. Shares fell 2.2% to $272.49.
1. Acquisition agreement
TD Synnex agreed to acquire BlueStar, a specialty technology distributor focused on AIDC, RFID, mobility and point-of-sale technologies. The deal is expected to give TD Synnex customers and vendors access to broader technology offerings, resources and specialized capabilities.
2. Operations and approvals
TD Synnex and BlueStar will continue operating independently until the deal closes, subject to regulatory approvals.
