Press release
Wayside Technology Acquires CDF Group
– Strategic Acquisition Deepens Climb’s Cloud and Software Offerings, Expands Presence in EMEA – EATONTOWN, N.J., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Climb
About this update from Climb Global Solutions, Inc.
[{"type":"text","content":"– Strategic Acquisition Deepens Climb’s Cloud and Software Offerings, Expands Presence in EMEA –\nEATONTOWN, N.J., Nov. 09, 2020 (GLOBE NEWSWIRE) -- Climb Channel Solutions, a subsidiary of Wayside Technology Group, Inc. (NASDAQ: WSTG), to accelerate Cloud Marketplace position and expand footprint in EMEA with Sigma Software Distribution through latest acquisition of CDF Group Limited (CDF), a UK-based cloud, software and IT distributor and services provider. Sigma Software Distribution, a subsidiary of CDF, provides innovative software products to VARs throughout EMEA.\n They work closely with its vendors and VARs, distributing a high-caliber portfolio of software solutions across a variety of industries. They have a deep expertise in Microsoft Azure and is a Microsoft Gold Partner with 9 competencies and holds various direct agreements with Microsoft. “CDF brings a robust cloud services platform to Climb and strengthens our position in the EMEA market,” said Dale Foster, CEO of Climb Channel Solutions. “By utilizing CDF’s existing cloud infrastructure, we believe that our cloud offerings are better positioned to meet the growing needs of our vendor and VAR partners in both EMEA and North America. Additionally, with the added support of CDF’s professional services division CloudKnowHow, we can make cloud integration seamless for our clients and further build out our team’s technical expertise. This presents a long-term strategic opportunity for us to expand into more value-added services that can deepen our partnership with customers.” Foster continued: “Integrating these new cloud and services solutions will provide ample cross-sell opportunities for our existing U.S. and Canadian customer base. CDF has established a robust and high-touch suite of services through its brands, and we look forward to further developing these offerings as we position Climb as a premier specialty technology distributor.” CDF will bring approximately 125 employees to Wayside, more than 1,000 VARs from its network, and deep relationships with notable vendors, including Microsoft, Amazon Web Services, Adobe, ManageEngine, SAP and many others. In addition, CDF’s current Group CEO, Andrew King, will join Wayside and lead its European operations as President and General Manager of EMEA. King commented on the acquisition: “Wayside’s extensive vendor netw...