World Wide Technology Acquires Softchoice
December 31, 2024
World Wide Technology (WWT) completed its all-cash acquisition of Softchoice, a software and cloud-focused IT solutions provider, for C$24.50 per share. The deal strengthens WWT’s software, cloud, cybersecurity and AI capabilities and expands its reach in Canada and North America’s enterprise and SMB markets.
- Buyers
- World Wide Technology Holding Co. LLC (WWT), 2672989 Alberta ULC
- Targets
- Softchoice Corporation
- Sellers
- Softchoice shareholders (including directors and senior officers)
- Industry
- IT Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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