World Wide Technology (WWT) has announced its acquisition of Canadian IT provider Softchoice for C$1.8 billion (~$1.25 billion). The all-cash deal was approved by Softchoice’s board and is pending shareholder and court approval, with finalization expected in Q1 or Q2 2025. If not completed, Softchoice may face a C$49 million termination fee. WWT aims to enhance its offerings with Softchoice's software and AI capabilities. Softchoice, founded in 1989, has shown strong financial growth, reporting a 10% increase in gross profit in Q3 2024. This marks WWT’s third acquisition to date.