CDW to acquire San Antonio IT company in $2.5 billion deal

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Oct. 18, 2021Updated: Oct. 18, 2021 10:12 a.m.

CDW is moving up a $2.5 cardinal woody to get a section IT company.

Illinois-based accusation exertion elephantine CDW is ironing retired a multibillion-dollar woody to get a locally based company.

CDW entered into an statement to get San Antonio-based Sirius Computer Solutions Inc. for $2.5 billion, according to a quality release.

Publicly traded CDW expects the transaction to importantly accelerate its services and solutions capabilities. The combined companies would person had 2020 nett income of $20.5 billion.

Joe Mertens is the president and CEO of Sirius Computer Solutions.

Founded successful 1980, Sirius has astir 2,600 employees crossed aggregate offices successful the U.S. that specialize successful secure, mission-critical exertion solutions for astir 3,900 ample and mid-sized customers. Sirius unsocial generated 2020 nett income of $2.04 billion. CDW was founded successful 1984 and employs implicit 10,500 coworkers

"We look guardant to the accidental to harvester Sirius’ sizeable talents with CDW’s, and to being portion of a larger, stronger enactment that volition beryllium adjacent amended positioned for maturation successful the evolving IT services and solutions landscape," says Sirius president and CEO Joe Mertens successful the quality release.

CDW expects the transaction to adjacent successful December.

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