PC Connection

Connection
Public
Traded as NASDAQ: CNXN
Industry National Technology Solutions Provider
Founded 1982
Headquarters Merrimack, New Hampshire, USA
Key people
 Patricia Gallup (Co-founder, Chairman)
Timothy McGrath (President and CEO)
Joseph Driscoll (Senior Vice President, Treasurer, and Chief Financial Officer)
Products Notebooks/Mobility, Software, Servers/Storage, Net/Com Product, Other Hardware/Services
Revenue Increase$2.6 billion USD (2015)
Number of employees
 2,500+
Website www.connection.com

Connection is a Fortune 1000,[1] National Technology Solutions Provider, headquartered in Merrimack, New Hampshire. It has more than 2,500 employees[2] and sells more than 300,000 products.[3]

The Connection brand includes Connection Business Solutions, Connection MoreDirect Enterprise Solutions, and Connection GovConnection Public Sector Solutions, which provide IT solutions and services for small- to medium-sized businesses, enterprises, and public sector markets, respectively.[4]

History

PC Connection, Inc. was founded in 1982 by Patricia Gallup and David Hall. The co-founders met while serving as a support crew to hikers on the Appalachian Trail.[5]

The company’s first headquarters occupied a former woodworking mill in Marlow, NH.[5] To launch their business, Gallup and Hall used Gallup’s savings of $8,000 to purchase inventory and take out a 1/9th-page ad in Byte magazine.[6]

In 1987, PC Connection was named to the Inc. 500 as the second fastest growing company in the United States.[7]

In March 1998, the company completed its Initial Public Offering on the NASDAQ exchange under the symbol PCCC.[8]

In September 2016, the company announced a corporate rebranding. The "Connection" brand unites all subsidiaries (PC Connection, GovConnection, MoreDirect, and Softmart) under one brand name. NASDAQ stock ticker changes from PCCC to CNXN.[9]

Locations

In addition to its corporate headquarters in Merrimack, NH, PC Connection, Inc. has sales and support offices in Keene and Portsmouth, New Hampshire; Marlborough, Massachusetts; Rockville, Maryland; Dakota Dunes, South Dakota; Boca Raton, Florida; and Itasca, Illinois, Shelton, CT, Downingtown, PA, and Schaumburg, IL.[10] The company operates a 268,000-square-foot distribution and fulfillment complex, equipped with an ISO 9001 certified technical configuration lab, in Wilmington, Ohio.[11]

Acquisitions

In 1999, Connection purchased ComTeq Federal, a Maryland-based company serving the computing needs of federal government agencies, including the Navy, Federal Deposit Insurance Corp, the National Security Agency, and Internal Revenue Service.[12] Renamed GovConnection, Inc., the subsidiary serves all government and education customers.

In January 2000, Connection announced the agreement to acquire Merisel Inc. in alliance with its initiative to add infrastructure.[13]

In 2002, Connection acquired MoreDirect, a Florida-based IT solutions provider specializing in Web-based eProcurement.[14]

In 2005, Connection purchased the business and selected assets of Amherst Technologies, Inc., a New Hampshire-based IT provider.[15]

In 2011, Connection acquired ValCom Technologies, a technology services company in the Chicago metropolitan area.[16]

In 2016, Connection acquired Softmart, a Microsoft Licensing Solution Provider (LSP) and global supplier of technology, tools, and service solutions.[17]

Awards and accomplishments

References

  1. ↑ "Fortune 500 2015: 825. Connection". Forbes.
  2. ↑ "PC Connection: New "Connection" Brand Advances 35-Year History of Innovation)". 4-traders. Retrieved September 8, 2016.
  3. ↑ "Profile: PC Connection Inc". Reuters. Retrieved November 15, 2013.
  4. ↑ "PC Connection: New "Connection" Brand Advances 35-Year History of Innovation)". Yahoo Finance. Retrieved September 8, 2016.
  5. 1 2 You, Me, and All Those Others Just Like Us, Starting a Business Article | Inc.com
  6. 1 2 [New Hampshire: First In the Nation] - Powered by PageTurnPro.com
  7. 1 2 3 [New Hampshire: First In the Nation] - Powered by PageTurnPro.com
  8. 1 2 Pc Connection Inc (Pccc) Ipo - Nasdaq.Com
  9. ↑ https://thejournal.com/articles/2016/09/08/connection-merges-govconnection-pc-connection-moredirect-softmart-into-single-brand.aspx Connection Merges GovConnection, PC Connection, MoreDirect, Softmart into Single Brand
  10. ↑ "Locations - Connection". Pcconnection.com. Retrieved 2016-09-09.
  11. ↑ "Distribution and Configuration Center - Connection". Pcconnection.com. 2016-06-08. Retrieved 2016-09-09.
  12. ↑ Johnston, Margret (1999-07-11). "PC Connection buys ComTeq Fed". FCW. Retrieved 2016-09-09.
  13. ↑ "PC Connection Acquires Merisel's Call Center". January 4, 2000. Retrieved Nov 20, 2013.
  14. ↑ PC Connection, PC Mall Make Acquisitions.(PC Connection Inc. acquires MoreDirect)(PC Mall Inc. acquires Pacific Business Data Systems Inc.)(Brief Article) | HighBeam Business:...
  15. ↑ PC Connection Wins Bidding War For Amherst Technologies
  16. ↑ PC Connection buys ValCom Technology for $11.6M - BusinessWeek
  17. ↑ PC Connection Acquires Softmart - MarketWatch
  18. 1 2 3 4 "PC Connection, Inc. - PC Connection Receives Industry Accolades in First Half of 2016". Ir.pcconnection.com. Retrieved 2016-09-09.
  19. ↑ "PC Connection, Inc. - PC Connection Wins Symantec Growth Partner of the Year Award". Ir.pcconnection.com. Retrieved 2016-09-09.
  20. ↑ "PC Connection, Inc. - PC Connection Wins Microsoft Operational Excellence Award". Ir.pcconnection.com. 2014-12-31. Retrieved 2016-09-09.
  21. ↑ "PC Connection, Inc. - PC Connection Named Dell Partner of the Year". Ir.pcconnection.com. 2013-12-31. Retrieved 2016-09-09.
  22. ↑ http://www.crn.com/sp-500/2015/index.htm
  23. ↑ "PC Connection, Inc. - PC Connection Named Adobe Reseller Partner of the Year". Ir.pcconnection.com. 2013-12-31. Retrieved 2016-09-09.
  24. ↑ "Dell PartnerDirect Awards & Recognition". Partnerdirect.dell.com. 2013-08-14. Retrieved 2016-09-09.
  25. ↑ PC Connection, Inc. - Marlow, NH
  26. ↑
  27. ↑
  28. ↑ Ray, John J. "America's Most Trustworthy Companies - Forbes". Forbes.
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