CDW is trading 4.06% up at $154.71 after announcing plans to acquire Lovelytics for approximately $525 million.
- The September 2, 2026 announcement expands CDW’s Data & Analytics Practice and strengthens cloud, data, and AI capabilities.
- Lovelytics has more than 600 employees; the transaction is expected to close in the third quarter and should not materially affect 2026 results.
- Software stocks are rallying alongside stronger equity markets and robust Snowflake results; the acquisition remains the clearest catalyst.