Distributor Synnex made its first appearance in the Fortune 500, Fortune Magazine's venerable list of the largest companies in the world, holding the spot as the 360th biggest company.

Synnex had $6.34 billion in revenue in 2006, a 12.5 percent rise from 2005.

The list proved good news for channel companies, with all but Tech Data gaining on last year's position.

Tech Data dropped two spots to No. 109 on the list, despite its strongest annual revenue yet, $21.46 billion.

Ingram Micro, the channel delegate to the distinguished Fortune 100, led the channel pack, rising two spots to No. 70 with $31.35 billion.

The Channel 500