PC Connection acquires IT company Softmart

Published: May 27, 2016 4:43 p.m.  

PC Connection Inc. PCCC, -0.60% said late Friday it had acquired IT products and services company Softmart. Financial details of the transaction were not disclosed. PC Connection said that Softmart's $200 million in annual revenue is expected to add to earnings. PC Connection shares were unchanged at $23.01 after hours.

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