PC Connection

This article contains content that is written like an advertisement. Please help by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. (November 2018) (Learn how and when to remove this template message)

PC Connection, Inc.

Type	Public
Traded as	Nasdaq: CNXN S&P 600 Component Russell 2000 Component
Industry	National Technology Solutions Provider
Founded	1982
Headquarters	Merrimack, New Hampshire , USA
Key people	(Co-founder, Chairman) Timothy McGrath (President and CEO) (Senior Vice President, Chief Financial Officer, and Treasurer)
Products	, Software, Servers/Storage, ,
Revenue	$2.9 billion USD (2017)
Number of employees	2,500+
Website	Official website

PC Connection, doing business as Connection, is a Fortune 1000,^[1] National Technology Solutions^[buzzword] 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^[buzzword] 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 1984, they started selling Macintosh products under the MacConnection brand.

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, MacConnection, 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, 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; Shelton, Connecticut; Exton, Pennsylvania, and Schaumburg, Illinois.^[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 hardware and software technology, tools, and service solutions.^[17]

In 2016, Connection acquired GlobalServe, a global reseller aggregator that provides contract-bound procurement options across most areas of the world.

References[]