The Channel logo

News

By | Team Register 12th October 2007 22:03

CDW's flight into private equity is complete

Adios, NASDAQ!

CDW, America's biggest computer dealer, left NASDAQ today, on completion of its takeover by a couple of private equity firms. They are called Madison Dearborn Partners and Providence Equity Partners, in case you're interested.

Now for a canned quote from Glenn Creamer, senior managing firector of Providence Equity. "Since its founding in 1984, CDW has utilized its unique, direct model strategy to become a significant, principal source of technology products and services. We look forward to...support[ing] CDW’s growth as a private company and the expansion of its leadership as a critical provider of technology solutions for business, government and education."

CDW has about 6,000 staff and annual sales of about $7bn. ®

comment icon Read 1 comment on this article alert Send corrections

Opinion

Love

Chris Mellor

Tandberg and Sphere3D deals offer hope after 18 bad ones
Fraud image
Openstack log

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that