Gates - Arrow Distributing history

However, Arrow's emergence as a major distributor of electronic components dates from 1968, when the company was purchased by three recent graduates of the Harvard School of Business.

In 1974, Arrow also became the first distributor of electronic parts to introduce an online computerized inventory system to speed up delivery.

Arrow was listed on the New York Stock Exchange in 1979.

1980 Bob Huang founds Compac Microelectronics

In 1982, sales held steady at about $550 million and Arrow lost $1.19 a share.

But in 1983, with the recession in the electronics industry over, sales reached $1.4 billion and Arrow earned 85 cents per share.

In 1984, Fortune declared that "Kaufman's arrival marks the moment at which Arrow's cruelly unconventional problem came to an end."

1985: Arrow buys 40 percent of Spoerle Electronic, Germany's largest electronic parts distributor.

Arrow resumed its growth strategy in 1988 by acquiring Kierulff Electronics, then the fourth largest electronics distributor in the United States, for $125 million.

In 1991, Arrow acquired Lex Electronics, formerly Schweber Electronics and the third largest distributor in the United States, and Almac Electronics Corporation, from their British-based parent Lex Service, Plc.

In 1993, Arrow became the first electronics distributor to claim a global reach when it acquired Components Agents Ltd., the largest multinational Pacific Rim distributor with operations in Hong Kong, Singapore, Malaysia, China, and South Korea.

Also in 1994, Kaufman became chairman and Waddell took on the role of vice-chairman.

In 1995, Arrow bought Components + Instrumentation (NZ) Ltd., a New Zealand distributor.

By 1996, Arrow was the world's largest distributor measured by sales.

In 1997, Arrow bought the electronic components distribution business of U.K.-based Premier Farnell PLC. It also purchased Conson, Inc., a distributor of mass storage products, and 51 percent of Support Net, Inc., one of IBM's largest distributors of midrange servers and networking products.

With the slump in the PC market caused by the Asian financial crisis, the decline of PC prices, and the dearth of new products to attract customers, Arrow's sales grew by seven percent but its profits declined by 11 percent in 1998.

1999: Arrow buys Richey Electronics and the distribution group of Bell Industries in the United States.

By 2001, the company faced significant declines in its revenues and profits.

Sales continued their decline during 2002's first half.

2003 November 25, initial public offering on New York Stock Exchange (NYSE), ticker symbol SNX

2004: Acquired BSA Sales

2005 Forbes Magazine ranks SYNNEX among America’s Best Big Companies

2006 IT consumables (office products) expansion Opened Chengdu, China BPO location

2007 SYNNEX debuts on the Fortune 500 List, ranking #360

2008 SYNNEX ranks #350 on Fortune 500 List Expansion of Concentrix US and Philippines locations Opened new facilities in Greenville, SC, and Olive Branch, MS

2009 Consolidation, expansion, and relocation of select US warehouses Expanded CE division

2010: Acquired Encover, Inc.

2011 Major expansion of distribution global footprint in Japan Significant expansion of Concentrix

2013: Acquired Supercom (Canada)

2014: Acquired IBM Customer Care Business

2017 Significant expansion of security, networking and UCC business and expanded distribution footprint into Latin America