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NORWALK, CT- In the next few weeks, officials with CDW Corp., say they will be studying what they will do with the workers and possibly the space Micro Warehouse leases for its North American corporate headquarters here at 535 Connecticut Ave. The Vernon Hills, Ill.-based company purchased some of the North American assets of Micro Warehouse earlier this week in a $22 million deal.

Micro Warehouse is the largest tenant at 535 Connecticut Ave., a 170,000-sf office building. According to knowledgeable local real estate sources, Micro Warehouse occupies approximately 50,000 sf of space at the building.

Gary Ross, a spokesman for CDW Corp., tells GlobeSt.com, “We are going to be taking a look at what Micro Warehouse employees will be with us on a transitional basis and on a permanent basis.” He said the review would be completed in the next several weeks.

While he would not say what, if anything, will happen with Micro Warehouse’s Norwalk headquarters space, he did relate that the company will most likely be keeping sales personnel of Micro Warehouse. He added that there are some salespeople employed at the Norwalk office.

Micro Warehouse also has facilities in Lakewood and Gibbsboro, NJ, as well as offices in the Washington, DC area and in Canada. No decisions on the fate of those operations have been made as yet, Ross notes.

CDW Corp., a technology and products services company, announced on Sept. 8 that it had agreed to purchase selected North American assets of Micro Warehouse, a Norwalk, CT-based reseller of computers, software and peripheral products. The Boards of Directors of both companies have approved the transaction. The purchase included Micro Warehouse’s US customer base, which accounted for annualized August sales of more than $900 million; a Canadian operation with 12 month sales of approximately $40 million in US dollars; existing inventories valued at approximately $14 million as well as intellectual capital, including trademarks and copyrights.

John A. Edwardson, CDW’s chairman and CEO, commented on the benefits of the transaction, by saying, “This agreement will enable CDW to provide more customers the right technology, right away. We believe that more than 75% of Micro Warehouse’s corporate and public sector revenue is from customers who are new to CDW. This expanded customer base increases our penetration in the education sector and the eastern half of the U.S., and extends our growth platform into Canada. With Micro Warehouse’s assets, CDW becomes the nation’s leading distributor of Apple products.”

He noted that CDW anticipates completing the integration of the Micro Warehouse assets and employees into its organization by year’s end.

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