CDW-Sirius
2021 demonstrated that billion-dollar deals are becoming more commonplace in the channel. CDW is no exception. It closed on its purchase of Sirius for a respectable $2.5 billion.
The acquisition may not completely diversify CDW’s portfolio because its gains are primarily in similar vertical markets. Channel Futures reported that another drawback is that offshore presence remains limited for the combined entity. This makes it more difficult to compete with other system integrators on price when competing for high-value deals.
However, others see the transaction differently.
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