WWT to acquire Softchoice

Published On: January 19, 2025Categories: Buzz

World Wide Technology (WWT) has announced an agreement for the acquisition of Softchoice Corporation in an all-cash transaction valued at approximately $1.25 billion.

WWT is a global technology solutions provider focused on AI and digital transformation. The company claims $20 billion in annual revenue with nearly 10,000 employees and more than 55 locations around the world. Softchoice Corporation is a software and cloud-focused IT solutions provider that delivers AI-powered cloud and digital workplace solutions supported by a proprietary asset management methodology.

“We are excited to join WWT,” said Softchoice president and CEO Andrew Caprara. “Its scale and global reach, customer base of large organizations, and industry leading infrastructure solutions are a perfect complement to our software and cloud focused solutions, our Canadian presence, and our strength in the North American mid-market.”

“Softchoice has been a transformative player in the IT industry for over 35 years, and adding its complementary software, cloud, cybersecurity and AI capabilities to WWT’s portfolio will enable us to create even greater value for our clients striving to achieve their digital transformation goals,” said WWT CEO Jim Kavanaugh.

The acquisition is expected to close in late Q1 or early Q2 2025, pending regulatory approvals.

Channel Impact®
The acquisition will add new capabilities to WWT’s software, cloud, cybersecurity, and AI offerings to provide a comprehensive solutions portfolio across the full spectrum of the digital transformation journey. The move is also expected to strengthen WWT’s access to small and medium business customers while expanding WWT’s position in the U.S., and Canada.

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