PC Connection Acquires IT Company Softmart

By Markets MarketWatch Pulse

PC Connection Inc. 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.

Continue Reading Below

Copyright © 2016 MarketWatch, Inc.