Tag: CDW

  • CDW Reports Strong Third Quarter Sales

    Sara Driscoll

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    CDW said sales for the third quarter of 2007 were $2.1 billion compared to $1.7 billion in the third quarter of 2006, an increase of 21.8 percent. Average daily sales for the Vernon Hills, Ill., company in the third quarter of 2007 were $33.6 million compared to $27.6 million in the third quarter of 2006,… Read more

  • Pricing Forecast: CDW Tactics to Continue

    Pricing Forecast: CDW Tactics to Continue

    Jessica Davis

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    The chatter has been rampant: Will CDW’s pending acquisition by a private equity firm put an end to the company’s recent very aggressive pricing? Analysts have answered with a resounding no. “Some VARs have been speculating that this could take the price pressure off,” said Christina Richmond, research manager for hardware channels and alliances at… Read more

  • CDW Sells Itself

    CDW Sells Itself

    Jessica Davis

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    CDW’s Chairman and CEO John Edwardson described a meeting of the minds between his company’s management and the private investment firm that has agreed to acquire it in a deal struck May 29 worth $7.3 billion. Edwardson said that CDW’s management and private equity firm Madison Dearborn Partners had a consensus over CDW’s long-term goals… Read more

  • CDW to Expand Berbee Biz

    CDW to Expand Berbee Biz

    Jessica Davis

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    CDW’s current long-term goals—an expansion of its service and solutions business akin to Berbee, an expansion of the company’s overall sales team, and improving the customer value proposition by adding more knowledgeable account managers—will stay the same following the company’s acquisition by a private investment firm, according to Executive Vice President Harry Harczak. Harczak spoke… Read more

  • CDW on the Sales Block

    CDW on the Sales Block

    Jessica Davis

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    Catalog and Web solution provider CDW, a giant in the technology reseller space, is reportedly in talks to be acquired by a private equity firm. The move to private equity ownership would spare the company from Wall Street’s laser-like spotlight and allow it to focus on increasing its margin—in contrast to the sales and revenue… Read more

  • Analysts: 2006 a Game Changing Year for IT Distributors

    Analysts: 2006 a Game Changing Year for IT Distributors

    John Hazard

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    Prices and market conditions changed little in 2006 for the major enterprise IT distributors, but significant acquisitions, a trend to convergence and a dipping Dell set up 2007 to be a positive year for the industry, said analysts at Raymond James and Associates. IT spending through distributors grew about 7 percent in North America, 4… Read more