Tech Data to Buy DLT for Public Sector Channel Strategy

Jeff Brody

Information technology distribution company Tech Data (Nasdaq: TECD) has agreed to acquire software and cloud technology aggregator DLT Solutions in a move to expand products portfolio and create opportunities for public sector channel partners.

Tech Data said Wednesday it expects to close the transaction during its four fiscal quarter, pending customary regulatory approvals.

Herndon, Va.-based DLT offers government clients access to its network of business partners and a range of IT offerings through the company’s position on more than 50 contract vehicles.

Art Richer, DLT CEO, said the deal “represents an opportunity to apply our unique public sector value proposition to a broader set of vendors and partners.”

You may also be interested in...

Leidos to Buy Gibbs & Cox for $380M in Maritime Market Expansion Push; Roger Krone Quoted

Leidos (NYSE: LDOS) has agreed to acquire engineering and design firm Gibbs & Cox in …

Peter Cannito: Redwire Eyes Space Infrastructure Expansion With DSS Acquisition

Redwire, an aerospace company backed by AE Industrial Partners, has bought satellite solar array developer …