About Connection
Connection is a company based in Merrimack (United States) founded in 1982. It operates as a Reseller / Distribution, and Managed Services. The company has 2,580 employees as of December 31, 2024. Connection has completed 4 acquisitions, including GlobalServe, MoreDirect and Softmart. Connection offers products and services including IT Hardware, Cybersecurity Services, and Cloud Solutions.
- Headquarter Merrimack, United States
- Employees 2580 as on 31 Dec, 2024
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Pc Connection, Inc.
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Annual Revenue
$2.8 B-1.7as on Dec 31, 2024
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Net Profit
$87.09 M4.59as on Dec 31, 2024
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EBITDA
$110.46 M-6.78as on Dec 31, 2024
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Latest Funding Round
$142.08 K (USD), Grant
Aug 25, 2008
- Investors
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Employee Count
2580
as on Dec 31, 2024
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Investments & Acquisitions
GlobalServe
& 3 more
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IPO & Listings of Connection
Connection is a publicly listed company on the NASDAQ with ticker symbol CNXN in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Connection
Connection offers a comprehensive portfolio of products and services, including IT Hardware, Cybersecurity Services, and Cloud Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Various IT hardware products are offered for businesses.
Cybersecurity solutions are provided to protect organizational data.
Cloud services are delivered for scalable business operations.
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Sales and Marketing
188 people
Leadership Team
88 people
Software Development Team
83 people
Senior Team
27 people
Inside Team
18 people
Human Resources and Administration
11 people
Sr. Team
11 people
Microsoft Team
10 people
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Funding Insights of Connection
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $142,075
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First Round
First Round
(25 Aug 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2008 | Amount | Grant - Connection | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Connection
Connection has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Ojp. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Federal justice system funding, training, and resources are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Connection
Connection has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include GlobalServe, MoreDirect and Softmart. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Software development, managed IT, and consulting services are provided.
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1999 | ||||
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IT asset lifecycle management and procurement services are offered globally.
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1996 | ||||
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Curated luxury goods and personalized experiences are offered to clientele.
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Connection
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connection Comparisons
Competitors of Connection
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Connection
Frequently Asked Questions about Connection
When was Connection founded?
Connection was founded in 1982 and raised its 1st funding round 26 years after it was founded.
Where is Connection located?
Connection is headquartered in Merrimack, United States. It is registered at Merrimack, New Hampshire, United States.
Who is the current CEO of Connection?
Tim McGrath is the current CEO of Connection.
How many employees does Connection have?
As of Dec 31, 2024, the latest employee count at Connection is 2,580.
What is the annual revenue of Connection?
Annual revenue of Connection is $2.8B as on Dec 31, 2024.
What does Connection do?
Connection is established as a leader in delivering smart, cutting-edge technology solutions for global organizations across various sizes. Services and products are offered in areas such as artificial intelligence, cybersecurity, digital workspace, modern infrastructure, and multicloud solutions. Industries served include enterprise business, healthcare, manufacturing, retail, and public sector entities like federal and state government, as well as education. A wide range of IT hardware and software products are distributed to meet diverse business needs.
What products or services does Connection offer?
Connection offers IT Hardware, Cybersecurity Services, and Cloud Solutions.
Is Connection publicly traded?
Yes, Connection is publicly traded on NASDAQ under the ticker symbol CNXN.
How many acquisitions has Connection made?
Connection has made 4 acquisitions, including GlobalServe, MoreDirect, and Softmart.
Who are Connection's investors?
Connection has 1 investor. Key investors include Ojp.
What is Connection's ticker symbol?
The ticker symbol of Connection is CNXN on NASDAQ.