CDW

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This article is about CDW LLC. For "collision damage waiver", see damage waiver. For the airport with the designation "CDW", see Essex County Airport.
CDW LLC
Public
Traded as NASDAQCDW
Industry B2B IT products and services
Founded 1984 by Michael Krasny
Headquarters Vernon Hills, Illinois,
United States
Key people
Thomas E. Richards,
Chairman & CEO
Products Desktops, servers, laptops, peripherals, software, telephony products, power, storage
Revenue IncreaseUS$10.1 billion (2012)
Owner Madison Dearborn Partners Providence Equity Partners
Number of employees
7,200+ [1]
Slogan People Who Get IT[2]
Website www.cdw.com

CDW LLC, headquartered in Vernon Hills, Illinois, is a provider of technology products and services for business, government and education.

The company has a secondary division known as CDW-G, devoted solely to United States governmental purchasers, such as from schools, universities, cities, and the state and federal government.

CDW was originally incorporated as "MPK Computing" by its founding member Michael Krasny, who currently ranks on Fortune magazine's list of the wealthiest Americans. It later became Computer Discount Warehouse and then simply CDW.

In early 2006, CDW opened a 513,000-square-foot (47,700 m2) distribution center in North Las Vegas, Nevada. The Vernon Hills, Illinois distribution center is roughly 450,000 square feet (42,000 m2).

In October 2006 CDW acquired Berbee, a top tier reseller of IBM, Cisco, and Microsoft products and services. It was CDW's second major acquisition after purchasing Micro Warehouse in September 2003 and opening two remote offices in New Jersey (Voorhees and Eatontown) which employ over 500 people.

On 12 October 2007, Chicago based private equity firms Madison Dearborn Partners and Providence Equity Partners completed a $7 billion acquisition of CDW.[3] It went public again in 2013.[4]

CDW operates in Canada as CDW Canada Incorporated, based in Etobicoke, Ontario.[5] CDW Canada was recognized by the Great Place to Work Institute as one of the best workplaces in Canada in 2011, ranked 25th in the category of large and multinational companies.[6]

On 3 August 2015 the company announced that it had acquired the remaining 65 percent of Kelway Ltd., a London based multinational business with significant presence in the IT sector. Eight months earlier, CDW had bought a 35 percent stake in Kelway.[7]

Non-Profit[edit]

CDW Non-Profit sector was founded in 2007. CDW Non-Profit assists in providing affordable technology tools and services to associations, foundations, governmental departments, religious and social service organizations.[8] The Brookings Institution, Salvation Army, PCAOB, Aids Healthcare Foundation, The Metropolitan Museum of Art and American Heart Association are among some of their clients.[9]

References[edit]

  1. ^ http://www.aboutcdw.com/
  2. ^ http://www.aboutcdw.com/people-who-get-it/
  3. ^ CDW Press Release 05-29-2007. Newsroom.cdw.com. Retrieved on 2014-01-14.
  4. ^ CDW raises $395M in scaled-back IPO
  5. ^ Other Contacts. Cdw.ca. Retrieved on 2014-01-14.
  6. ^ CDW Canada recognized as a Great Place to Work® for third consecutive year - TORONTO, April 20, 2012. Prnewswire.com. Retrieved on 2014-01-14.
  7. ^ CDW Press Release August 3, 2015. cdwnewsroom.com Retrieved on 2015-09-16.
  8. ^ CDW Nonprofit - Specialized Service and Technology Solutions for Professionals. Cdw.com. Retrieved on 2014-01-14.
  9. ^ [1] Archived September 26, 2009 at the Wayback Machine

External links[edit]