ScanSource Acquires Resourcive; No Financial Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
ScanSource, Inc. (NASDAQ:SCSC) has acquired Resourcive, a technology advisor specializing in IT sourcing solutions. The acquisition aims to create a new Channel Advisory business, separate from ScanSource's existing Intelisys business. No financial terms were disclosed.
August 08, 2024 | 9:44 pm
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ScanSource, Inc. (NASDAQ:SCSC) has acquired Resourcive to establish a new Channel Advisory business, enhancing its strategic IT sourcing solutions. This move is expected to strengthen ScanSource's market position in cloud, IoT, and communications technologies.
The acquisition of Resourcive by ScanSource is likely to have a positive short-term impact on SCSC's stock price. The creation of a new Channel Advisory business indicates strategic growth and expansion in IT sourcing solutions, which could attract investor interest and confidence.
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