Empowered Funds LLC and Raiffeisen Bank International AG expanded their positions in CDW Corporation. Reports on September 5, 2026, confirmed these new and significantly larger institutional stakes.
The investment follows CDW’s acquisition of data and AI services firm Lovelytics. The transaction is valued at approximately $525 million.
CDW aims to strengthen its data analytics and artificial intelligence capabilities through this purchase. The move addresses client barriers to AI implementation and helps transform data into strategic assets.
Analysts report the deal aligns with rising demand for AI support services. While the acquisition carries integration risks, the market reaction remains positive.