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ACTEBIS M 1772-A DRIVER
Throughout this document we will make reference to the two primary geographic markets we serve as the Americas including North America and South America and Europe. For a discussion of our geographic reporting segments, see Item 8, "Financial Statements and Actebis M 1772-A Data.
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To achieve this, we focus on a strategy of execution, diversification and innovation that we believe differentiates our business Actebis M 1772-A the marketplace. Execution is fundamental to our business success. We have 28 logistics centers where each day, tens of millions of dollars of technology products are received from vendors, picked and packed and shipped to our customers. Products are generally shipped from regionally located logistics centers the same day the orders are received. Our diversification strategy seeks to continuously remix our product and customer portfolios towards higher growth and higher return market segments through organic growth initiatives and acquisitions.
We believe that as industry standardization, mobility, cloud computing, the convergence of consumer and professional devices and other potentially disruptive factors transform the way technology is used and delivered, we will leverage our highly efficient infrastructure to capture new market opportunities emerging in specialty areas, such as data center, software, mobility and consumer electronics. The final tenet of our strategy is innovation. Our IT systems and e-business tools and programs have provided our business with the flexibility to effectively navigate fluctuations in market conditions, structural changes in the technology industry, as well as changes created by products we sell.
These IT systems and e-business Actebis M 1772-A and programs have also worked to strengthen our vendor and customer relationships, while at the same time improving the efficiency of these business partners. We believe our strategy of execution, diversification and innovation will continue to strengthen our value proposition with vendor partners and reseller customers while positioning us for continued market expansion and profitable growth.
History Tech Data was incorporated in to market data processing supplies such as tapes, disk packs, and custom and Actebis M 1772-A tab forms for mini and mainframe computers directly to end users. With the advent of microcomputer dealers, we made the transition to a wholesale distributor in by broadening our product line to include hardware products and withdrawing entirely from end-user sales.
From fiscal through fiscalwe expanded geographically through the acquisitions of several distribution companies in Actebis M 1772-A the Americas and Europe, significantly strengthening our position in certain product and customer segments. In fiscalwe executed a joint venture agreement with Brightstar Corp.
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Brightstar Europe Limited "BEL"our consolidated joint venture with Brightstar, distributed mobile phones and other wireless devices to a variety of customers including mobile operators, dealers, agents, retailers and e-tailers in certain European Actebis M 1772-A. During the third quarter of fiscalwe acquired Brightstar's fifty percent ownership interest in BEL. We funded the acquisition, repayment of the loans advanced by Brightstar and transaction costs with our available cash.
In fiscalwe continued to Actebis M 1772-A our diversification strategy by completing five acquisitions in Europe, including the acquisition of Triade Holding B. We believe the acquisition of Triade strengthened our presence in these geographies and enabled us to Actebis M 1772-A our diversification strategy into the consumer electronics business in 4 Table of Contents Europe, while leveraging our logistics infrastructure.
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During fiscalwe made two acquisitions in the European technology distribution marketplace. While the acquisitions did not have a significant impact on our consolidated results of operations, the addition Actebis M 1772-A these businesses expanded our product and customer portfolios and continued to add desired skill sets, while leveraging our logistics infrastructure in Europe.
Also in fiscalexpanding upon the success of our mobility distribution joint venture in Europe, we executed an agreement with Brightstar to establish a joint venture in the United States, hereinafter referred to as TDMobility. TDMobility simplifies the selling, delivery and support of mobile services for our reseller customers serving the small and medium business markets. During the fourth quarter of fiscalwe acquired Brightstar's fifty percent ownership interest in TDMobility. In fiscalwe also exited our commercial in-country operations in Brazil and Colombia. In Colombia, a small greenfield operation launched in fiscalwe were unable to gain a level of traction equal to our investment in that market, and thus we ceased our in-country operations at the end Actebis M 1772-A fiscal We are continuing to serve both the Brazil and Colombia markets through our Miami-based export business.
In Novemberthe preferred supplier agreement was amended to extend the term of the agreement from five years to six years, expiring in January The large number of resellers makes it cost efficient for vendors to rely on wholesale distributors to serve this diverse and highly fragmented customer base. M (Acetaminophen and Propoxyphene Napsylate mg / mg) Pill with imprint M is Pink, Elliptical / Oval and has been identified as Acetaminophen and Propoxyphene Napsylate mg / mg.
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