MicroScope's top stories, week ending 1 June 2012

Restructuring costs wipe out Phoenix profits Full year pre-tax profit at IT services provider Phoenix IT Group has plunged 85% after the firm booked non-recurring costs of £14.9m relating to its ongoing re-organisation programme and £8.1m relating to the end of the ICM brand. Sales decli

Restructuring costs wipe out Phoenix profits

Full year pre-tax profit at IT services provider Phoenix IT Group has plunged 85% after the firm booked non-recurring costs of £14.9m relating to its ongoing re-organisation programme and £8.1m relating to the end of the ICM brand. Sales declined 2.6% to £264.6m.

Phoenix is currently attempting to take out costs of up to £4m per annum out of its business and has already re-organised itself into a single integrated structure as of 1 April this year, focused around five key customer-facing business units.

Flame poses challenge to anti-virus status quo

The reaction of the security industry to the discovery of the Flame threat, which appears to be the most complex attack launched so far in the ongoing cyber-war, has been to call for resellers to sell customers greater layered defences.

Lenovo vows to put $1bn of new business in EMEA channel

Lenovo EMEA products and channels vice president Vincent Fauquenot said that to achieve its ambition of being a top three PC vendor in EMEA, it will need to drive $1bn (£642m) worth of additional revenues through the channel this year alone.

Equanet sales head Holt heads to Lanway 

Storage and network solutions provider Lanway has appointed former Equanet head of southern sales, David Holt, to run its own sales organisation.

Windows XP sticklers warned of cost consequences

Microsoft has warned that those users that stick with Windows XP after support runs out face spiralling costs looking after a PC estate running its old operating system.

Kaspersky raises alarm over Flame threat

Medion could have bright future in UK, says Lenovo

BYOD kills off Cisco Cius enterprise tablet

Flexibility the motivation for SME cloud adoption

Hard times ahead for EMEA server vendors, says Gartner

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