March 2010 | Archive by Month | MicroscopeUK

March 2010

  • Avnet looking for $60m annual savings following Bell purchase

    Avnet is looking to make cost savings of $50-60m a year from its acquisition of Bell Microproducts by minimising overlapping operations.

  • KCOM year-end trading in line

    Networking services provider KCOM Group is coasting towards the end of its financial year, with group performance remaining in line with expectations. In a statement to the City today, the grou...

  • Laptops Direct takes grave approach to sponsorship

    Huddersfield-based etailer Laptops Direct has pounced upon a dead canny marketing scheme to build traction with UK customers in these uncertain economic times by offering to sponsor funerals that u...

  • Novell gets jury backing in Linux copyright fight with SCO

    Novell has managed to gain the upper hand in a legal battle over Unix copyrights against SCO clearing the way for greater promotion of Linux. SCO had been contesting the copyright of certain aspec...

  • Sweating assets threatens to leave SMEs at risk of data loss

    The prospect of SMEs sweating assets to save money could expose them to potential data problems if they cut back on supporting legacy systems. In reaction to recent IDC research which predicted th...

  • Stone Group pips Viglen to University of Nottingham deal

    UK system builder Stone Group is gunning for Viglen in the higher education arena after unseating its rival from the University of Nottingham (UoN) to pen a four year deal to supply hardware and se...

  • Mitel plans listing for end of April

    Unified communications provider Mitel will float on the NASDAQ stock exchange as early as 26 April, according to an updated filing with the SEC. The firm also revised the total value of its IPO...

  • Hosted clouds Rise for FastHosts

    Web-hosting specialist FastHosts has branched out into the cloud with the launch of a wholly-owned cloud infrastructure-as-a-service venture called Rise, pitched at SMBs through both IT and comms r...

  • 3Com up on Chinese sales

    3Com's focus on the Far Eastern market continued to pay off during the third quarter of its financial 2010, with its direct business in China growing 29.7% to $165.9m in the three months to 26 Febr...

  • Reseller opportunity as IT professionals leave skill gaps

    The customers that resellers sell into are set to lean even more heavily on dealers with specialist skills in the future as they pull back from carrying out a large number of IT tasks in-house. A ...

  • Kendall Law Group to investigate Bell sale

    A US based law firm involved in complex national securities litigation is looking into yesterday's sale of Bell Microproducts to Avnet to ascertain if shareholders got the best ROI and if the proce...

  • Darling defends credit adjudication service

    The Chancellor Alistair Darling has restated his view that a credit adjudication service is one of the best ways to help SMEs get their hands on funds. Speaking last night on the Channel 4 Chancel...

  • Gateway takes on AMD Opteron to boost drive for server share

    From a standstill position Gateway wants to snatch 4% of the server market by the end of this year and has enlisted AMD to help. Part of parent company Acer Group, Gatewaytoday rolled out the seco...

  • Bell Microproducts sold to Avnet for $594m

    Avnet has acquired Bell Microproducts in an all cash merger for $7 per share, valuing the distributor at $594m (£396.6m). The deal is based on an equity value of around $252m and Bell's debt...

  • Editor's comment: Consolidation makes it a memorable Monday

    When people come to look back over this year they will remember this week not just for being the one before Easter but also as the moment when consolidation really went up a notch in the channel. ...

  • Carphone Warehouse completes TalkTalk split

    Carphone Warehouse completed the long-planned demerger of its broadband business TalkTalk on Monday morning to concentrate on consumer electronics and IT sales through its JV with US retailer Best ...

  • Capita acquires Ramesys for £15m

    Capita Group has acquired educational specialist Ramesys in a £15m cash purchase sealing a deal first mooted at the start of the month. Ramesys backer Lloyds Development Capital had been loo...

  • Cable & Wireless leaving FTSE 100 after split

    Comms firm Cable & Wireless has completed its planned demerger into Cable & Wireless Worldwide (CWW) and Cable & Wireless Communications (CWC) but the international division will be lea...

  • Former Brocade CEO fails to appeal against fraud charges

    The former CEO of Brocade has seen his appeal against securities fraud fail in the courts. A jury in San Francisco was told in the retrial by the prosecution that former Brocade boss Greg Reyes &q...

  • Customer retention rather than just cost cutting CEO priorities

    Using IT to hold onto customers is emerging as the main priority for users ahead of the determination to lean on technology to support corporate cost cutting. According to the latest survey of CEO...