It’s M&A time again! IT solutions provider CDW has announced it has entered into a definitive agreement to buy Sirius Computer Solutions for $2.5 billion.
CDW says the takeover, which is expected to close in December, will “significantly accelerate” its services and solutions capabilities, as well as enhance its ability to solve customers’ “increasingly interconnected and complex technology challenges”.
For those who came in late, Sirius specialises in providing secure, mission-critical technology-based solutions to around 3,900 large and mid-sized customers.
The company generated net sales of $2.04 billion in 2020, which it attributes to a service-led approach, broad portfolio of hybrid infrastructure solutions and staff expertise.