Synnex Adds Proofpoint To Drive Security Networking Portfolio

Loading...
Loading...
  • Distribution, systems design, and integration services provider Synnex Corp SNX expanded its networking and security portfolio with Proofpoint Inc's PFPT products and services, a cybersecurity and compliance company.  
  • The financial terms of the transaction remain undisclosed.
  • Proofpoint's addition will help Synnex keep customers safe from cyber threats.
  • The agreement enhances Synnex's cybersecurity and compliance solutions to protect people on every channel, including email, web, cloud, social media, and mobile messaging. 
  • Synnex held $1.7 billion in cash and equivalents as of May. 31.
  • Price action: SNX shares traded higher by 1.79% at $115.3 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsTechMediaBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...