CDW Announces Acquisition of Amplified IT, a Leading Provider of Google Services, Solutions, & Software for Education Customers
March 16 2021 - 9:00AM
Business Wire
Acquisition of Amplified IT enhances CDW’s
services and solutions capabilities in education
CDW Corporation (Nasdaq: CDW), a leading multi-brand technology
solutions provider to business, government, education and
healthcare customers in the United States, the United Kingdom and
Canada, announced today it has acquired Amplified IT, a leading
education-focused consultancy that brings a blend of technical
skills and knowledge to the K12 and Higher Education markets.
“The complexities and critical technology needs facing school
districts and educational institutions as they serve their students
have become more evident than ever,” said Christine A. Leahy,
president and chief executive officer, CDW. “The combination of
Amplified IT’s focus on educator support and technical skills with
CDW’s scale, reach, and leading market position in education will
accelerate our collective ability to help schools leverage
technology to achieve even greater educational outcomes.”
Based in Norfolk, Virginia, Amplified IT was founded in 2008. As
a Google Premium education partner, Amplified IT and its team of
Google Cloud professionals provide insights, services, consulting,
and solutions to enable and empower schools to get the most out of
the Google Cloud. Amplified IT is Google’s leading K12 Services
Partner and recipient of the Google Cloud Global Partner Award for
Customer Success for Education.
“I am thrilled for Amplified IT to join CDW and build on our
partnership that began in 2016,” said Tim Lee, president and
founder, Amplified IT. “We share a culture that puts customers at
the center of everything we do and know that joining CDW creates
meaningful opportunity for our education customers and our
team.”
“Amplified IT brings innovative, highly-skilled talent to CDW,
and together, we can offer even better support of the increasingly
sophisticated education technology solutions in the market,” said
Joe Simone, vice president education sales, CDW. “With Amplified IT
alongside our education team, we have more robust Google Cloud
capabilities to help our customers maximize their return on
education technology investments, ultimately creating more engaging
learning experiences for students.”
Terms of the transaction were not disclosed. Amplified IT is
expected to be minimally accretive to CDW’s 2021 non-GAAP earnings
per share.
About CDW
CDW Corporation (Nasdaq: CDW) is a leading multi-brand provider
of information technology solutions to business, government,
education and healthcare customers in the United States, the United
Kingdom and Canada. A Fortune 500 company and member of the S&P
500 Index, CDW was founded in 1984 and employs approximately 10,000
coworkers. For the year ended December 31, 2020, the company
generated Net sales over $18 billion. For more information about
CDW, please visit www.CDW.com.
Forward-Looking Statements
Statements in this release that are not statements of historical
fact are forward-looking statements within the meaning of the safe
harbor provisions of the Private Securities Litigation Reform Act
of 1995, including without limitation statements regarding the
expected benefits of the transaction and any statements regarding
the plans, strategies and objectives for the transaction. These
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those described in such
statements. Although CDW believes that the expectations reflected
in such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to have been correct.
Reference is made to a more complete discussion of forward-looking
statements and applicable risks contained under the captions
“Forward-Looking Statements” and “Risk Factors” in CDW’s Annual
Report on Form 10-K for the year ended December 31, 2020 and
subsequent filings with the SEC. CDW undertakes no obligation to
update or revise any of its forward-looking statements, whether as
a result of new information, future events or otherwise, unless
required by law.
CDWPR-CO
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Investor Inquiries Brittany A.
Smith Vice President, Investor Relations
and Financial Planning and Analysis
847-968-0238 investorrelations@cdw.com
Media Inquiries Sara Granack Vice
President, Corporate Communications 847-419-7411
mediarelations@cdw.com
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