World Wide Technology (WWT) has finalized its acquisition of Softchoice for approximately $1.3 billion. This strategic acquisition enhances WWT's capabilities to support clients throughout their artificial intelligence (AI) and digital transformation journeys. The deal aims to expand WWT's portfolio by integrating Softchoice's offerings, which focus on software, cloud, cybersecurity, and AI solutions, thereby broadening its reach within North America.
With this acquisition, WWT's clients will gain access to an expanded suite of services, including enhanced consultant-led offerings across infrastructure and hardware. Softchoice's integration will enable WWT to provide tailored solutions to a wider range of clients, including those in the commercial, small, and medium-sized business markets, as well as in Canada.
Jim Kavanaugh, WWT's CEO, expressed enthusiasm about the merger, stating, "This strategic transaction brings together two high-performing organizations focused on delivering groundbreaking solutions that help accelerate AI adoption and the digital transformation journeys of organizations across the globe."
