FatPipe Networks, Inc. (NASDAQ: FATN) announced a global channel partnership with TD SYNNEX, a leading distributor and solutions aggregator for the IT ecosystem, on March 31 2026. The collaboration is designed to broaden FatPipe’s reach by leveraging TD SYNNEX’s extensive distribution network and vendor portfolio, enabling the company to bring its secure SD‑WAN, SASE, and cybersecurity solutions to a wider array of enterprise partners and customers worldwide.
TD SYNNEX reported record first‑quarter FY2026 results on the same day. Revenue rose 18.1 % year‑over‑year to $17.16 billion, and non‑GAAP diluted earnings per share climbed 69 % to $4.73. Non‑GAAP gross billings increased 24.4 % to $25.78 billion, while the gross margin improved to 7.30 % from 6.87 % the prior year. GAAP diluted EPS also surged 104 % to $4.04, and the company announced a quarterly cash dividend of $0.48 per share, a 9 % increase.
The partnership allows FatPipe to accelerate go‑to‑market execution and empower channel partners without the need for additional capital investment in sales infrastructure. By tapping into TD SYNNEX’s established relationships, FatPipe can potentially accelerate recurring revenue growth and strengthen its competitive position in the mid‑market SD‑WAN and SASE space. The deal is a strategic shift that expands FatPipe’s distribution capabilities and positions the company to capture growing demand for integrated networking and security solutions.
The announcement coincided with TD SYNNEX’s record results, underscoring the broader market momentum in the IT distribution sector. While the partnership itself does not alter FatPipe’s financial statements immediately, it signals a significant expansion of its channel footprint and a potential catalyst for future revenue growth.
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