What does CDW mean in Toronto Stock Exchange?
This page is about the meanings of the acronym/abbreviation/shorthand CDW in the Business field in general and in the Toronto Stock Exchange terminology in particular.
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What does CDW mean?
- CDW Corporation, 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 distribution center in North Las Vegas, Nevada. The Vernon Hills, Illinois distribution center is roughly 450,000 square feet. 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 which employ over 500 people. On Friday, October 12, 2007, CDW's acquisition by Chicago-based private equity firm Madison Dearborn Partners and Providence Equity Partners was officially completed at a value of over 7 billion dollars. It went public again in 2013.