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CDW's $525M Lovelytics Buyout: Can Data & AI Services Boost Growth?

Zacks Investment Research·
CDW's $525M Lovelytics Buyout: Can Data & AI Services Boost Growth?

CDW Corporation announced plans to acquire Lovelytics, a data and AI services firm, for approximately $525 million to strengthen its Data & Analytics Practice. The acquisition aims to help enterprises transition from AI pilots to production by combining Lovelytics' specialized expertise with CDW's scale and technology portfolio. The move reflects growing enterprise demand for AI data readiness solutions, with only 12% of enterprises feeling fully prepared according to Gartner research.

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