Ive talked a lot about our team and our capabilities but they also find very attractive
our global infrastructure. And actually, I know that all of us have instances where we think our SAP systems or our StreamOne platform. But we need to recognize that they are really the best assets within our industry and they really have the
opportunity to accelerate with the right set of investments moving forward. So they clearly see Tech Data as a platform of growth within the IT distribution industry as we move into the future.
SLIDE #9
They are very focused on supporting
our strategy. And for all of you who know my passion around strategy, I always take the opportunity to remind every Tech Data colleague about our four pillars: investing in next-generation technologies, cloud security, analytics, and services.
Remember those four things. Our ability to further strengthen our portfolio by offerings significantly more offerings within our StreamOne platform by producing technology-as-a-service offerings within our PC ecosystem and endpoint business, our ability to transform digitally, really improving our customer experience through the programs put in place
previously around the next generation of StreamOne, EOS within the Americas, Athena within Europe, and the list goes on as it relates to our work on providing an excellent customer experience through digital transformation.
And lastly, continuing to optimize our global footprint which is the broadest global footprint with opportunities to build much more
capability out as we move into the future.
SLIDE #10
So, a
good list of opportunities which exist and why this is the right move moving forward, we talked about our colleagues but our partners also have a great value proposition in front of them as it relates to the future of Tech Data. Namely around
investments or potential investments that will accelerate our growth even further than what weve been able to do to date, and it will further allow us through more capability to strengthen those relationships and continue to show our customers
and vendors that we are the number one IT distributor in the world bar none!
[CHEERS & APPLAUSE]
And then obviously the constituency that has given us the right to build this business is our shareholders. And our shareholders were rewarded
for their long journey in helping us to build this company and making the investments in this company by getting approximately 25 percent premium over the previous stock price prior to this deal being leaked in the market. So again, when we
take a look at all of our stakeholders, theres goodness in this opportunity for each and every one of them.
SLIDE #11
So little bit about the timeline. We are at Announcement which is today. There are a couple of major activities that need to take place. We
talked about the regulatory timelines but in addition to that, all of the shareholders of Tech Data will evaluate this proposal and there will be a shareholder meeting where there will be a vote to support the deal as we move forward. And then after
those activities take place, we will have our close and we will move forward. Again, I cannot stress enough that it is business as usual through that entire timeline and even beyond that timeline, Im here to tell you that it will be business
as usual moving forward here at Tech Data.
SLIDE #12
This
is a hugely exciting time for us. The history of this company is second to none within the market we support. Our new potential investor in Apollo Management Group absolutely sees the value in our company and recognizes that the primary value in our
company is our people. We need