Computacenter will use its cash pile to fund acquisitions or return cash to shareholders in the second half of the year, according to chief executive Mike Norris.
The services-based reseller last week updated the City on its Q4 numbers and revealed it was sitting on £138.6m at the end of calendar 2010.
The priority is to upgrade and unify an internal ERP and front-end systems across the UK and Germany by the summer and then turn attentions to potential targets, said Norris.
"We will certainly look to acquire but that doesn't mean we will; if the right businesses are not available at the right prices we might return some cash to shareholders," he said.
HDS boss Murphy resigns, heads to HP as sales director
HDS UK and Ireland vice president Steve Murphy has resigned and is set to head up sales at Hewlett-Packard.
Muprhy confirmed to MicroScope that he is due to become vice president of sales for the UK and Ireland from 1 April, reporting to HP UK boss Nick Wilson.
"I've loved my four year at HDS, great people, good fun and we did the numbers as well but I go to another great company," he told MicroScope.
Motorola split to ease channel solution sales
The amicable split between Motorola's handset division and its enterprise solutions and networking business will provide new levels of clarity for resellers trying to push its solutions in the marketplace, according to Motorola Solutions UK channel head Richard Hudson.
He told MicroScope: "Traditionally, people thought of us largely as a mobile phone business, but this brings clarity to our message in the market and will help the channel with the overall branding."
Apple owns up to iPhone 4 shortages
Apple has underestimated demand for the iPhone 4 and is facing shortages of its iconic device, but has refused to commit to saying when its supply chain issues will be resolved.
Apple COO Tim Cook said that Apple had not done enough to address demand: "We do still have a significant backlog. We are working around the clock to build more ... but at this point I'm not going to predict when supply and demand will meet."
Computacenter names Gooding to run UK networking unit
Computacenter has hired Logicalis sales director Duncan Gooding to push its networking business in the UK over the £100m milestone.
Current incumbent Ade Foxall is moving to a new role managing CC's Cisco UCS business across Europe - a new position that has been created for him.