Wayside Technology Group to Acquire Interwork Technologies
Wayside Technology Group, Inc. (WSTG)
US:NASDAQ Investor Relations:
waysidetechnology.com
Company Research
Source: GlobeNewswire
- Acquisition Expands Wayside’s Reach in Canada and Strengthens Product Offerings in Cybersecurity, Information Management and Network Solutions - - Transaction Expected to be Accretive to Net Income - - 2020 Business Remains Strong Amid COVID-19 - EATONTOWN, N.J., April 22, 2020 (GLOBE NEWSWIRE) -- Wayside Technology Group, Inc. (NASDAQ:WSTG) (“Wayside” or the “Company”), an IT channel company providing innovative sales and distribution solutions, has entered into an agreement to acquire Interwork Technologies (Interwork), a technology distribution company, which will be integrated into Wayside’s Lifeboat Distribution business. The transaction is expected to close during the second quarter of 2020, subject to customary closing conditions. Interwork is a Toronto based value-added specialty distributor focused on cybersecurity, information management and network solutions in both Canada and the US. Interwork brings scale to Wayside with more than 20 new vendor partners, a networ
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