WWT to Acquire Softchoice in $1.3 Billion Deal

World Wide Technology (WWT) has announced its agreement to acquire Softchoice Corporation, a Canada-based software and cloud-focused IT solutions provider, in an all-cash transaction valued at approximately $1.3 billion. This acquisition marks a significant step in WWT’s strategy to expand its portfolio of software, cloud, cybersecurity, and AI solutions, while broadening its customer reach across North America and beyond. Softchoice, renowned

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for its secure, AI-driven cloud and workplace solutions that optimize IT investments and foster innovation, brings over 35 years of expertise in helping enterprises navigate digital transformation. Shareholders representing 51.3% of Softchoice’s common shares, including its Directors and Senior Officers, have pledged their support for the transaction through voting agreements, ensuring a seamless integration of the two companies.

WWT Co-Founder and CEO Jim Kavanaugh emphasized the importance of Softchoice’s offerings in enabling digital transformation for enterprises, while Softchoice CEO Andrew Caprara expressed optimism about the shared cultures and combined capabilities of the two firms. David Steward, WWT’s Founder and Chairman, highlighted the strategic value of strengthening access to commercial and SMB clients. Established over 35 years ago, Softchoice is known for delivering secure, AI-driven cloud and workplace solutions that optimize IT investments and foster innovation. With this purchase, WWT can now serve a wider range of businesses while continuing its dedication to innovation, diversity, and success in the IT field. 

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