Fortune 1000 technology company
PC Connection, Inc. |
| Company type | Public |
|---|
| Nasdaq: CNXN
S&P 600 Component
Russell 2000 Component |
|---|
| Founded | 1982 |
|---|
| Headquarters | , USA |
|---|
Key people | Patricia Gallup (Co-founder, Chairman)
Timothy McGrath (President and CEO)
Thomas C. Baker (Senior Vice President, Chief Financial Officer, and Treasurer) |
|---|
| Products | Notebooks/Mobility, Software, Servers/Storage, Net/Com Product, Other Hardware/Services |
|---|
| Revenue |  $3.2 billion USD (2022) |
|---|
Number of employees | 2,600+ |
|---|
| Website | Official website  |
|---|
PC Connection, doing business as Connection, is headquartered in Merrimack, New Hampshire. It has more than 2,600 employees[1] and sells more than 460,000 products.[2]
Founded in 1982, Connection has grown to include IT services to SMB, enterprise, and public sector markets.[3]
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.[4]
The company's first headquarters occupied a former woodworking mill in Marlow, NH[4] population 542 at the time. 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.[5] 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.[6]
In March 1998, the company completed its initial public offering on the NASDAQ exchange under the symbol PCCC.[7]
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.[8]
Locations
In addition to its corporate headquarters in Merrimack, PC Connection, Inc. has sales and support offices in Keene, New Hampshire; Rockville, Maryland; Dakota Dunes, South Dakota; Boca Raton, Florida; Schaumburg, IL; and Exton, Pennsylvania.[9] The company operates a 268,000-square-foot distribution and fulfillment complex, equipped with a technical configuration lab in Wilmington, Ohio.[10]
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.[11] Renamed GovConnection, Inc., the subsidiary serves all government and education customers.
In January 2000, Connection announced the agreement to acquire Merisel Inc.[12]
In 2002, Connection acquired MoreDirect, a Florida-based company specializing in Web-based eProcurement.[13]
In 2005, Connection purchased the business and selected assets of Amherst Technologies, Inc., a New Hampshire-based IT provider.[14]
In 2011, Connection acquired ValCom Technologies, a technology services company in the Chicago metropolitan area.[15]
In 2016, Connection acquired Softmart, a supplier of hardware and software.[16]
In 2016, Connection acquired GlobalServe, a global reseller.
