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WWT Acquires Softchoice for $1.25B, Eyes AI Growth

3/23/2025

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Summary

Story summary

World Wide Technology (WWT) acquired Softchoice for $1.25 billion, strengthening its foothold in North America's SMB and midmarket sectors.
CEO Jim Kavanaugh highlighted AI and cloud technology as key factors in future acquisitions.
At Nvidia GTC 2025, WWT presented AI applications and its collaboration with Nvidia on data center solutions.
Nvidia anticipates $1 trillion in data center infrastructure spending by 2028, signaling significant growth potential.

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Story summary

World Wide Technology (WWT) acquired Softchoice for $1.25 billion, strengthening its foothold in North America's SMB and midmarket sectors.
CEO Jim Kavanaugh highlighted AI and cloud technology as key factors in future acquisitions.
At Nvidia GTC 2025, WWT presented AI applications and its collaboration with Nvidia on data center solutions.
Nvidia anticipates $1 trillion in data center infrastructure spending by 2028, signaling significant growth potential.