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Tech Data Announces Agreement To Acquire DLT Solutions

CLEARWATER, Fla.--(BUSINESS WIRE)--Tech Data (Nasdaq: TECD) today announced it has entered into an agreement to acquire DLT Solutions, a premier software and cloud solutions aggregator focused on the U.S. public sector. Upon closing of the transaction, DLT will become a wholly owned subsidiary of Tech Data. The acquisition is subject to customary regulatory approvals and is expected to close during Tech Data’s fourth fiscal quarter.