Nvidia’s mega deal with TD SYNNEX

Nvidia has struck a UK distribution deal with TD SYNNEX for its full enterprise software and computing range.

Channel partners can now get Nvidia products or platform needs, such as Nvidia AI Enterprise and Nvidia Omniverse Enterprise software licences for developers, through the distribution giant.

TD SYNNEX is one of only two total enterprise distributors in the UK for Nvidia and the company said it will support partners with both technical and commercial help so they can understand where accelerated computing can and is being used today and how they can boost their Nvidia offering.

TD SYNNEX is planning joint go-to-market plans with NVIDIA but with its OEM partners, such as Dell, HPE, Lenovo, NetApp, Supermicro and VMware/Broadcom, to “support resellers finding the right solution with their favourite vendor”.

The company said that the new partnership means TD SYNNEX can now meet partners’ Nvidia needs, whether they want to use its solutions as part of their designs or as part of other systems’ brands.

The deal announcement comes as the NYSE-listed distributor recently posted its fiscal fourth quarter and fiscal year earnings, which saw revenues fall. The outfit blamed the slump on the continued struggle of its endpoint solutions portfolio, which has been troubling past quarterly results.

Fourth-quarter revenue was £11.4 billion, compared to £12.8 billion in the previous fiscal Q4, representing a decrease of 11.3 per cent. In FY23, TD SYNNEX saw revenue drop 7.7 percent from £49.3 billion to £45.5 billion.