CDW Announces Acquisition of Amplified IT, a Primary Company of Google Services, Options, and Computer software for Schooling Prospects | Business
LINCOLNSHIRE, Sick.–(Enterprise WIRE)–Mar 16, 2021–
CDW Corporation (Nasdaq: CDW), a foremost multi-manufacturer know-how solutions company to organization, government, education and healthcare clients in the United States, the United Kingdom and Canada, announced now it has acquired Amplified IT, a leading education and learning-concentrated consultancy that brings a blend of specialized techniques and expertise to the K12 and Larger Instruction markets.
“The complexities and vital know-how wants facing school districts and academic establishments as they serve their college students have grow to be a lot more obvious than at any time,” mentioned Christine A. Leahy, president and chief govt officer, CDW. “The combination of Amplified It’s aim on educator support and specialized skills with CDW’s scale, reach, and top marketplace posture in training will accelerate our collective potential to help schools leverage know-how to reach even better instructional results.”
Centered in Norfolk, Virginia, Amplified IT was established in 2008. As a Google Premium training associate, Amplified IT and its staff of Google Cloud pros supply insights, companies, consulting, and methods to allow and empower faculties to get the most out of the Google Cloud. Amplified IT is Google’s primary K12 Solutions Companion and recipient of the Google Cloud World-wide Lover Award for Purchaser Success for Instruction.
“I am thrilled for Amplified IT to join CDW and develop on our partnership that started in 2016,” explained Tim Lee, president and founder, Amplified IT. “We share a lifestyle that puts customers at the heart of everything we do and know that becoming a member of CDW makes significant chance for our education clients and our staff.”
“Amplified IT provides impressive, very-qualified talent to CDW, and with each other, we can provide even far better help of the significantly advanced schooling engineering methods in the industry,” mentioned Joe Simone, vice president instruction revenue, CDW. “With Amplified IT along with our education team, we have much more sturdy Google Cloud capabilities to aid our customers improve their return on schooling know-how investments, finally making much more partaking discovering experiences for students.”
Phrases of the transaction ended up not disclosed. Amplified IT is predicted to be minimally accretive to CDW’s 2021 non-GAAP earnings per share.
About CDW
CDW Corporation (Nasdaq: CDW) is a top multi-brand company of information know-how answers to business enterprise, federal government, schooling and health care shoppers in the United States, the United Kingdom and Canada. A Fortune 500 enterprise and member of the S&P 500 Index, CDW was established in 1984 and employs roughly 10,000 coworkers. For the calendar year ended December 31, 2020, the enterprise generated Internet revenue about $18 billion. For additional information and facts about CDW, remember to go to www.CDW.com.
Forward-Wanting Statements
Statements in this release that are not statements of historical point are forward-seeking statements in just the that means of the protected harbor provisions of the Private Securities Litigation Reform Act of 1995, which include without having limitation statements relating to the expected advantages of the transaction and any statements regarding the options, strategies and objectives for the transaction. These statements are issue to risks and uncertainties that could induce precise final results to vary materially from these described in such statements. Though CDW believes that the anticipations mirrored in this sort of forward-seeking statements are affordable, it can give no assurance that this kind of expectations will demonstrate to have been correct. Reference is produced to a a lot more comprehensive dialogue of forward-wanting statements and applicable hazards contained under the captions “Forward-Looking Statements” and “Risk Factors” in CDW’s Annual Report on Variety 10-K for the yr ended December 31, 2020 and subsequent filings with the SEC. CDW undertakes no obligation to update or revise any of its ahead-searching statements, whether as a outcome of new data, upcoming occasions or in any other case, unless demanded by law.
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PUB: 03/16/2021 09:00 AM/DISC: 03/16/2021 09:01 AM
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