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Systemax

Systemax Inc.
Public
Traded as SYX
Industry Industrial Distribution/MRO and technology products
Founded 1949; 68 years ago (1949)
Headquarters Port Washington, New York, U.S.
Area served
Nationwide
Key people
  • Larry Reinhold (CEO)
  • Tex Clark (CFO)
Revenue DecreaseUS$1.855 billion (2015)
Divisions Systemax PC
Subsidiaries
Website www.systemax.com

Systemax, Inc., is an American Fortune 1000 company based in Port Washington, New York that sells industrial and technology products through a system of branded e-Commerce websites and relationship marketers in North America and Europe. The primary brands are Global Industrial, MISCO and Inmac Wstore.

The company was founded in 1949 as Global Equipment Company, a materials handler. It first entered direct marketing in 1972 and began marketing computer equipment in 1981. It changed its name to Global Directmail in 1995 and to Systemax in 1999.

Subsidiaries and divisions of Systemax, Inc. include Global Industrial, Nexel, Misco, Infotel, C&H Distributors and Avenue Industrial Supply Company.

On January 6, 2008, Systemax Inc. announced an agreement on the acquisition of the Miami-based CompUSA brand, trademarks, and e-commerce business, and as many as 16 CompUSA retail outlets in Florida, Texas, and Puerto Rico. The first new CompUSA store under Systemax ownership was opened in November 2009.

In late December 2012, CompUSA was consolidated into TigerDirect. On December 1, 2015, Systemax sold TigerDirect to PCM, Inc.

On May 13, 2009, Circuit City announced it would sell its intellectual property, including its trademarks, brand name, and internet domain, to Systemax for $14 million. The deal took effect six days later. The defunct CircuitCity.com website was restored after the Systemax purchase.

In late December 2012, Circuit City was consolidated into TigerDirect. On December 1, 2015, Systemax sold TigerDirect to PCM, Inc.

On September 18, 2009 Systemax announced the acquisition of WStore Europe, SA, a European supplier of business IT products with operations in France (Inmac WStore SAS and I-Com Software) and in the United Kingdom (WStore UK Limited).

On June 12, 2014, Systemax announced the acquisition of SCC Services B.V., a supplier of business-to-business IT products and services with operations in the Netherlands. This subsidiary was renamed Misco Solutions.

On January 30, 2015, Systemax announced the acquisition of the Plant Equipment Group ("PEG"), a business-to-business direct marketer of maintenance, repair and operations ("MRO") products, from TAKKT America . PEG serves business customers within the North American MRO market.


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