News

Softchoice Corp. Bulks up by Acquisition

  • February 01, 2008
Toronto-based Softchoice Corp., a major Microsoft large account reseller, has grown even larger thanks to a recent three-month buying spree. Softchoice, a Gold Certified Partner with $511 million in revenues for the first nine months of its current fiscal year, snapped up three companies with combined total revenues of about $532 million:

Company Date Acquired Sale Price Trailing 12-Month Revenues
Optimus Solutions LLC Jan. 3, 2008 $31.8 million $140 million
Software Plus Inc. Dec. 11, 2007 $45 million $192 million
NexInnovations Inc. Oct. 12, 2007 $10 million $200 million

The acquisition streak -- which the company says is over for now --helped boost Softchoice's payroll from 500 to 800 people.

Featured

  • World Map Image

    Microsoft Taps Nebius in $17B AI Infrastructure Deal To Alleviate Cloud Strain

    Microsoft has signed a five-year, $17.4 billion agreement with Amsterdam-based Nebius Group to expand its AI computing capabilities through third-party GPU infrastructure.

  • Microsoft Brings Copilot AI Into Viva Engage

    Microsoft 365 Copilot in Viva Engage is now generally available, extending Copilot's AI-powered assistant capabilities deeper into the Viva platform.

  • MIT Finds Only 1 in 20 AI Investments Translate into ROI

    Despite pouring billions into generative AI technologies, 95 percent of businesses have yet to see any measurable return on investment.

  • Report: Cost, Sustainability Drive DaaS Adoption Beyond Remote Work

    Gartner's 2025 Magic Quadrant for Desktop as a Service reveals that while secure remote access remains a key driver of DaaS adoption, a growing number of deployments now focus on broader efficiency goals.

Most   Popular