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Softcat Acquires Oakland Group to Boost Data and AI Capabilities

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Softcat ( (GB:SCT) ) has provided an update.

Softcat has acquired Oakland Group Services Ltd, a data and AI consultancy, to enhance its capabilities in data strategy, governance, architecture, engineering, analytics, and AI. This acquisition strengthens Softcat’s market position by expanding its service offerings to meet the growing demand for data expertise in both corporate and public sectors, and aligns with Softcat’s strategic focus on innovation and automation.

More about Softcat

Softcat plc is a leading UK provider of IT infrastructure products and services, focusing on supporting customers through their technology infrastructure needs.

YTD Price Performance: 1.90%

Average Trading Volume: 317,353

Technical Sentiment Signal: Sell

Current Market Cap: £3.1B

For detailed information about SCT stock, go to TipRanks’ Stock Analysis page.

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