TD SYNNEX has posted its results for the second quarter ended 31 May, 2025. Revenue reached $14.9 billion, an increase of 2% year-over-year, and 6.3% on a constant currency basis year-over-year.
The diluted earnings per share was $2.21, and the non-GAAP diluted EPS was $2.99 - “above the high end of our outlook”, said the world’s biggest technology distributor.
The company returned $186m to stockholders, in the form of $149m of share repurchases and $37m in dividends. It announced a quarterly cash dividend of $0.44 per common share, up 10% year-over-year.
“Our Q2 results demonstrate the continued strength of the IT distribution and hyperscaler markets. Meanwhile, our strategy and the execution of our team are enabling us to grow ahead of market,” said Patrick Zammit, CEO of TD SYNNEX.
-Ericsson has developed a new partner programme structure for enterprise wireless solutions. The programme replaces the previously tiered structure, enables partners to access “better earning potential”, and equips partners with new tools and enablement programmes, said Ericsson.
The programme is aimed at resellers who invest in sales and technical certifications, distributors, managed service providers, carriers, and technology alliance partners.
Matt Cook, head of sales, go-to-market and support for enterprise wireless solutions at Ericsson, said: “There are two key things that we’re trying to achieve with the new Solutions Partner Programme. The first is about enabling our partners to better benefit financially from working with us. The second is about working closer with our partners, to realise the opportunity we have to bring superior customer services and solutions to our end-users.”
-AI software development firm Snyk has acquired Invariant Labs, the AI security research firm and an early pioneer in developing safeguards against emerging AI threats.
“This acquisition is an important integration into Snyk’s recently launched AI Trust Platform, that adds the ability to secure applications from emergent threats,” said Peter McKay, CEO of Snyk. “Snyk can now offer customers a single platform to address both current application and agentic AI vulnerabilities.”
The acquisition will provide a major advancement for Snyk Labs, the company’s new research arm focused on advancing AI security delivered through the AI Trust Platform. It adds a team of researchers, and a track record of industry-first intelligence on agentic attack vectors, MCP vulnerabilities, tool poisoning, and runtime detection techniques that are now shaping security standards across the industry.
-Rapid7, a player in threat detection and exposure management, says agentic AI workflows are now embedded within its SIEM and XDR platform, to “fundamentally change” how threats in MDR customer environments are investigated in the SOC.
Leveraging Rapid7’s AI Engine, agentic AI autonomously performs foundational investigative tasks with the “rigour and expertise” of a SOC analyst, but at AI speeds, says the firm. This empowers analysts to perform deeper analysis, shorten investigation cycles, and ultimately solve security problems faster for customers, we are told.
-Vultr, the privately-held cloud infrastructure company, has closed a $255m syndicated credit facility, in addition to $74m of recently-closed lease financing, for a total of $329m in credit funding.
The syndicated credit facility was led by JP Morgan, Bank of America and Wells Fargo, with additional participation from Citi, Goldman Sachs and KeyBank. Vultr plans to use the additional capital to expand its global footprint of artificial intelligence and cloud computing infrastructure to serve its “rapidly growing” customer base, it said.
-In an example of how European partners working with Azul can “drive new revenue opportunities”, Azul is expanding its relationship with OpenValue into the US, with Azul customers and resellers being able to access OpenValue’s certified Java migration services and Java migration assurances in a new market.
OpenValue’s services and guarantees give customers “even more confidence”, said Azul. “This will provide customers with guaranteed outcomes on project timelines and budgets when migrating from Oracle Java to Azul Platform Core and Azul Platform Prime,” it said.
-IP management firm Ankar AI has raised £3m in a seed round, led by Index Ventures with participation from daphni, Motier Ventures, BOOOM and Puzzle Ventures. The London-based startup says it addresses a market need as patent filing volumes surge alongside AI-driven innovation.
Ankar's IP lifecycle approach covers novelty assessment to infringement detection, positioning it beyond the simple patent drafting tools already on the market. The company’s platform can analyse invention disclosures using LLMs, and can automatically generate patent claims, replacing traditional manual IP processes.
-Kiteworks, which empowers organisations to “effectively manage risk” in every send, share, receive, and use of private data, has acquired Zivver, a secure email platform headquartered in Amsterdam, the Netherlands.
“This strategic acquisition enhances Kiteworks’ capabilities in secure communication, while further expanding our European presence with the addition of Zivver’s professional team and large customer base,” said Kiteworks.
Zivver uses machine learning and artificial intelligence to analyse sensitive email content “in context to prevent human errors” - the biggest cause of data leaks in email - and to “accurately” protect, control, and track the exchange of sensitive data using a “zero-knowledge, zero-access encryption key architecture”. This ensures that only the sender and intended recipients have access to the protected data, maintaining the “highest levels of security and privacy”.
Zivver’s AI-enabled secure email capabilities will be integrated into Kiteworks’ Private Data Network, that unifies and secures email, file sharing and collaboration, SFTP, managed file transfer (MFT), enterprise AI, and web forms into one platform.
This is Kiteworks’ sixth acquisition in the past 3.5 years, and fifth in the past 18 months.
-Tricentis, an AI-enabled software quality engineering firm, has added meat to its agentic AI strategy, by launching remote Model Context Protocol (MCP) servers for enterprise testing, and Tricentis Agentic Test Automation. There is also the beta launch of its AI workflow capabilities.
“Designed to perform high-value testing tasks with minimal human effort, these developments mark a pivotal step in the company’s agentic AI strategy, giving customers ultimate flexibility in how they build, deploy, and scale AI-powered testing, whether through their own models or Tricentis’ agents,” said the firm.
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