Signature Technology Group: Why Signature Technology agreed to the Tech Data deal

Signature Technology Group Inc. was approached by Tech Data Corp. in November about the acquisition deal which closed June 1. The Phoenix-based data center and professional services provider went through a courting process, looking at other companies during the process, but the Clearwater, Florida-based Tech Data always led the pack, said Signature Tech's President Charles Layne. "We were looking for a strategic buyer to invest in our technical delivery and expand our sales team even faster,"...