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Tech Data Corporation Completes Acquisition Of Joint Venture Partner's Interest In TDMobility

CLEARWATER, Fla., Nov. 4, 2013 (GLOBE NEWSWIRE) -- Tech Data Corporation (Nasdaq:TECD) today announced it has completed the acquisition of Brightstar Corp.'s ("Brightstar") 50 percent ownership interest in TDMobility. The TDMobility business unit at Tech Data offers solution providers the infrastructure needed to simplify entry into the mobile market, providing a complete, end-to-end mobility solution from device selection and activation to security and mobile device management in the data center. TDMobility was formed as a U.S. joint venture between Tech Data Corporation and Brightstar in April 2011.

"Acquiring full ownership of the joint venture reflects our commitment to grow our presence in the U.S. mobility distribution and services market," said Joe Quaglia, senior vice president, U.S. Marketing, and president, TDMobility. "Mobility is an important element of our diversification strategy and TDMobility's unique capabilities provide value-added resellers with a simple platform from which to offer a complete mobility solution to end users. We thank Brightstar for its partnership in helping to establish and expand the joint venture."

TDMobility features two flagship offerings, CellManage™ and TDActivate™, designed to streamline the mobile supply chain and end users' wireless infrastructure while saving reseller customers both time and money. Tech Data has key agreements in place with today's leading wireless carriers, including Verizon, T-Mobile, AT&T and Sprint, enabling resellers to offer all carrier products and services under a single ordering and management system.

Earlier this year, Tech Data launched its enhanced TDMobility University, a training and education portal available exclusively to its program members. The portal provides more robust applications, online training videos, and step-by-step resources to help solution providers build a mobility business. TDMobility University includes sales, product training, and access to demo programs.

To learn more about TDMobility, please contact the TDMobility team at (800) 237-8931, ext. 83662 or tdmobility@techdata.com.

About Tech Data

Tech Data Corporation is one of the world's largest wholesale distributors of technology products, services and solutions. Its advanced logistics capabilities and value added services enable 120,000 resellers in more than 100 countries to efficiently and cost effectively support the diverse technology needs of end users. To learn more, visit www.techdata.com , or follow us on Facebook and Twitter.  

CONTACT: MEDIA CONTACT
         Amanda Lee
         Public Relations Manager
         (727) 538-5803
         amanda.lee@techdata.com

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Stock quotes in this article: TECD 

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