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

Lightning

Jack Clark

Just as Jeff Bezos did to books and CDs, Amazon's rivals are now doing to it
Microsoft CEO Satya Nadella
ARA_LIbertad

Chris Mellor

Elliott Management sinks its teeth into retiring godhead

Features

Failure to crack next-gen semiconductors threatens to set back humanity
SMEs get lip service - what they need is dinner at the Club
SAP Match Insights
Vorsprung durch grossendatatechnik, as we like to say in Germany
Inside the Google Lab where surgeons prepare the human/dog experiment
Big Blue exec tells El Reg what to keep an eye on