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

Privacy image

Frank Jennings

Two working parties, ministers galore... but data transfer law remains in limbo
EMC_Unity_bezel

Chris Evans

It does simplify the hardware setup, whatever it is
A microscopic view of the biometric shark skin. Pic: James Weaver

Chris Mellor

Do something and stop faffing about in the bush league

Kat Hall

International system in general needs greater transparency

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers