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Redstone celebrates first ever pre-tax profit
Despite a slip in revenues, managed network services provider Redstone booked its first ever profit before taxation of £200,000 in the six months to the end of September, reversing a loss of £1.5m in the year-ago period News
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Tech M&A values hit yearly high
Technology mergers and acquisitions have hit a yearly high in the value of deals and seen the level of activity rise to around 250 transactions a month News
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ACS swallows Serco education unit
Advanced Computer Software (ACS) has picked up outsourcer Serco’s education unit, Serco Learning, for £7.25m in a deal that will add around £13.5m to the rapidly expanding firm’s top line News
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Microsoft in the firing line over tax
Microsoft has become the latest name to join Starbucks and Google on the list of firms that are being accused of not paying the UK tax man quite what they should be News
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Scrapping of fuel tax welcomed by SME groups
The decision by the Chancellor in the Autumn Statement to scrap the proposed 3p rise in fuel duty next month has been welcomed by business groups News
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Phoenix covets more enterprise contracts in second half
Phoenix IT Group management has been talking about its projected strategic direction during the second half of its financial year and says it is already reporting growing success in major accounts News
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MicroScope's top stories, week ending 30 November 2012
Our regular look back at the biggest channel news stories from the past seven days News
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Weakened Westcon forces Datatec downgrade
Datatec has issued a downbeat trading update after a much weaker performance in recent weeks than expected at comms, network and security distie Westcon News
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Dixons shares rise as Comet woes continue
Dixons has seen its shares carry on riding on the back of a return to profitability in the UK and expectations that it is going to benefit from Comet's problems News
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Servo account fiddle dates back to 2009
Integrator Phoenix IT Group has revealed that the profits at its midmarket services business Servo were deliberately manipulated over a lengthy period going back to 31 March 2009 News