CDW Acquires Cybersecurity Firm Focal Point Data Risk For Undisclosed Terms

Multi-brand technology services and solutions provider CDW Corp CDW acquired cybersecurity services provider Focal Point Data Risk.
The financial terms of the transaction remain undisclosed.
Focal Point's capabilities expand CDW's services portfolio and enhance its ability to address risks posed by malicious cyber threats and cyber workforce shortages, CDW CEO Christine A. Leahy stated.
Focal Point is not likely to have a material impact on CDW's 2021 non-GAAP EPS.
CDW held $878.6 million in cash and equivalents as of Mar. 31.
Price action: CDW shares traded higher by 0.77% at $184.76 on the last check Monday.