German VAR tails Softcat
MS reseller in line for acquisition
One of Microsoft's largest VARs is the prime target for a German reseller looking to get a foothold in the UK.
PC-Ware AG has revealed it has signed a declaration of intent to acquire Softcat, which also partners with Computer Associates, Kingston Technology, McAfee, Trend Micro, Toshiba and Citrix, among others.
The deal, expected to be completed by the end of the year, is for an undisclosed amount.
Dave Simpson, sales and marketing director at Softcat, told CRN: "We have been looking for substantial growth, by acquisition or by being acquired, to give us a presence in Europe and globally. This deal fits perfectly with what we have been trying to do."
PC-Ware said in a statement: "The planned acquisition could be an important building block in the realisation of PC-Ware's strategic business objectives, as well as a basic step towards strengthening our UK market position."