BlueStar brings deep technical expertise in automatic identification and data capture, RFID technology, and mobility solutions to the parent company. This integration allows TD Synnex to deepen its presence in niche hardware sectors, complementing its broader distribution business that spans enterprise software, cloud infrastructure, and AI-driven systems through its Hyve Solutions division.
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TD Synnex Expands Reach With BlueStar Acquisition
TD Synnex is set to acquire BlueStar, a specialized distributor of business-to-business hardware, in a move aimed at bolstering its portfolio of mobile computers, scanners, and point-of-sale systems. The companies have declined to disclose the financial terms of the transaction, leaving the specific valuation of the deal currently under wraps.
The acquisition follows a period of aggressive growth for TD Synnex, which recently reported a 38% revenue jump to $21.6 billion for the quarter ending August 31. The firm continues to lean into consolidation, mirroring its purchase of Japan-based Gateway Computer Corp just over a year ago to extend its global footprint.
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