CDW announces acquisition of Focal Point, a leading provider of cybersecurity services
Acquisition of Focal Point accelerates platform for world-leading identity and access management, cyber security consulting and talent development business
LINCOLNSHIRE, Ill.–(BUSINESS WIRE)– CDW Corporation (Nasdaq: CDW), a leading multi-brand technology services and solutions provider to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, announced today that it has acquired Focal Point Data Risk, a leading provider of cybersecurity services with customers across a diverse set of industries.
“Helping our customers leverage technology to protect their most critical data is core to our mission,” said Christine A. Leahy, president and chief executive officer, CDW. “Adding Focal Point’s array of security consulting, customer workforce skills development and professional services capabilities expands CDW’s services portfolio and enhances our ability to address risks posed by malicious cyber threats and cyber workforce shortages, while helping customers successfully navigate shifting data protection laws.”
Focal Point is a leading U.S.-based cybersecurity services firm working with key security technology providers to address customer priorities – including those in the most highly regulated and complex industries such as government, financial services and healthcare. Focal Point brings an expert team with deep capabilities in today’s most important cybersecurity domains, from identity and access management to cloud security to DevSecOps. With complementary customer relationships and with security as a top focus area for CDW customers, this acquisition expands our ability to support the full technology lifecycle for our customers.
“For our customers and coworkers, joining CDW creates a meaningful opportunity to build a world that is secure by design and protected by default,” said Brian Marlier, chief executive officer, Focal Point. “More than ever, our customers need us to mitigate risk as they progress their digital journey. Focal Point and CDW are well-aligned with shared values and a reputation for exceeding customer expectations.”
“With the Focal Point team joining forces with CDW, our intent is clear – to deliver the industry’s best customer experience as we use our unparalleled expertise to protect our customers today and in the future,” said Andy Eccles, senior vice president, Integrated Technology Solutions, CDW. “As we focus increasingly on a cloud-first approach with our customers, it’s essential that we deliver identity management and data protection services which support the full technology lifecycle.”
Terms of the transaction were not disclosed. Focal Point is not expected to have a material impact on CDW’s 2021 Non-GAAP earnings per share.
About CDW
CDW Corporation (Nasdaq:CDW) is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and member of the S&P 500 Index, CDW was founded in 1984 and employs over 10,000 coworkers. For the trailing twelve months ended March 31, 2021, CDW generated Net sales of approximately $19 billion. For more information about CDW, please visit www.CDW.com.