News

Finance and Credit

• March 25, 2020 25 Mar'20

  Computacenter buying and Tech Data fighting in France

  There is plenty going on over the other side of the Channel at the moment as Computacenter looks to expand and Tech Data and Ingram counter fines dished out by the French authorities

• March 18, 2020 18 Mar'20

  Atlas Cloud secures significant investment

  North-East-based managed services specialist gains backing to expand the business

• March 18, 2020 18 Mar'20

  Covid-19: Chancellor offers further financial support to SMEs

  Government ramping up support for firms struggling with cash flow problems amid the growing impact of coronavirus

• March 12, 2020 12 Mar'20

  Computacenter boss shares coronavirus concerns after solid 2019

  Last year was a solid one for Computacenter, but the firm's CEO has indicated that Covid-19 is making forecasting for 2020 a challenge

• March 11, 2020 11 Mar'20

  Budget: SMEs given support in the face of Covid-19

  The chancellor announces measures in the Spring Budget to help small to medium-sized enterprises that could be hit hard by further spread of coronavirus Covid-19

• March 06, 2020 06 Mar'20

  Tech Data shares final FY numbers before Apollo takes off

  Global distributor Tech Data has released the last set of full year results before it changes ownership in a few months

• March 03, 2020 03 Mar'20

  Xerox moves to bring HP takeover saga to a conclusion

  Channel businesses might not have to wait too much longer for outcome as Xerox appeals directly to HP shareholders

• February 21, 2020 21 Feb'20

  AdEPT aims to raise millions to fund acquisitions

  Managed service player is looking to raise millions with a share placing to provide more resources for its acquisition strategy

• January 23, 2020 23 Jan'20

  Computacenter eyeing vast opportunities

  Channel player shares details of strong 2019 and indicates that the future is one where it can enjoy further growth

• January 22, 2020 22 Jan'20

  IT firms victims of worsening late payment situation

  Last year saw the problem with invoices being settled getting worse and IT firms are struggling to get their bills paid on time

• January 21, 2020 21 Jan'20

  Fresh efforts made to tackle late payment woes

  Late payments have been a headache for SMEs for years but fresh attempts are being made to clamp down on the issue

• January 10, 2020 10 Jan'20

  Synnex splits in two with Concentrix getting its independence

  Distributor is looking to gain more flexibility and focus by splitting away from the customer experience specialist Concentrix

• December 12, 2019 12 Dec'19

  HP expands channel finance options

  Vendor renews its relationship with HPE and adds DLL to the mix to provide channel finance options

• December 10, 2019 10 Dec'19

  Stone Group undergoes an MBO

  Firm goes through second MBO in the space of 11 years as it changes investment backers

• November 28, 2019 28 Nov'19

  Apollo increases Tech Data offer to fend off rival bid

  Private equity player is now prepared to pay $6bn for distributor after its original offer was trumped by a rival suitor

• November 13, 2019 13 Nov'19

  Tech Data accepts $5.4bn private equity offer

  Distributor's board recommend the sale, which should give it access to more financial muscle

• November 07, 2019 07 Nov'19

  Software driving increased IT spending in 2020

  Gartner has been looking into its crystal ball to see how IT spending will fare across EMEA next year

• October 30, 2019 30 Oct'19

  Computacenter delivers solid third quarter

  Computacenter has cheered investors with a decent Q3 just a week after fellow channel player Softcat did the same with its full year numbers

• September 05, 2019 05 Sep'19

  Asolvi set for further UK expansion after landing fresh investment backers

  Nordic firm has already acquired three UK firms this year and looks like more will be on the agenda after it has a fresh majority investor on board

• August 07, 2019 07 Aug'19

  Higher margin business helps Insight in Q2

  Channel player might have seen sales remain flat but the CEO is remaining confident about the prospects for the second half

• July 31, 2019 31 Jul'19

  Computacenter provides investor cheer with H1 update

  Channel player issues trading statement covering its first half revealing that the business is progressing well in fiscal 19

• July 25, 2019 25 Jul'19

  Softcat ahead of expectations

  Trading update from channel player indicates that its fiscal fourth quarter is going well

• July 09, 2019 09 Jul'19

  K3 boss upbeat on business transformation progress

  The ERP specialist has indicated it continues to improve its fortunes, despite issuing some challenging H1 numbers

• July 08, 2019 08 Jul'19

  Brexit leading to increased customer caution

  CFOs and tech startup entrepreneurs are both showing risk aversion with Brexit the cause of most of the problems

• June 28, 2019 28 Jun'19

  Adept4 showing progress during challenging H1

  Managed services provider updates investors on its half year indicating that although things remain down year on year it has been taking steps to remedy the situation

• May 20, 2019 20 May'19

  Softcat provides investor cheer with Q3 update

  Channel player continues to deliver the goods with an upbeat third quarter trading update

• May 14, 2019 14 May'19

  Acquisitions fueling growth at Exertis

  DCC announces double acquisition on the day it shares its numbers for the last fiscal year

• May 14, 2019 14 May'19

  Millions generated and thousands of jobs the Huawei UK contribution

  Partners assembling for the vendor's event in London told that the firm is making a major contribution to the UK economy

• May 13, 2019 13 May'19

  Midwich indicates there could be more acquisitions

  Audio visual distributor updates on its progress at an AGM that indicates that acquisition remains an option

• April 25, 2019 25 Apr'19

  KCOM heading into private ownership

  Telco specialist indicates it is supporting an offer from a large pension fund player to take the business into private hands

• March 19, 2019 19 Mar'19

  Softcat expanding customer base

  First half numbers from the channel player indicate that a strategy to widen the customer base is delivering

• March 13, 2019 13 Mar'19

  Spring Statement uodates progress on late payments

  Business groups are hoping that the government has made some progress on cracking down on those firms that are late paying reseller invoices

• March 12, 2019 12 Mar'19

  Computacenter breaks through £4bn revenue barrier

  The channel player has released its 2018 year results breaking new ground and indicating that there is more growth to come

• March 08, 2019 08 Mar'19

  Tech Data CEO looking for the higher value

  The distributor is continuing to make its move towards higher value business

• March 06, 2019 06 Mar'19

  Computacenter expands depth of European coverage

  An acquisition of a Swiss reseller will provide the firm with a solid pipeline of business in the country

• February 25, 2019 25 Feb'19

  SMEs failing to embrace innovation

  The channel ill need to do a lot of hand holding to help more SMEs embrace some of the latest technological innovations

• February 21, 2019 21 Feb'19

  Huawei looking to step up UK investment

  The telco firm has indicated partners here could benefit from more investment if the ongoing problems in the US continue

• February 04, 2019 04 Feb'19

  Context: Distribution set for another year of growth

  After a decent 2018 things should go well again this year, depending on Brexit, for distribution

• January 28, 2019 28 Jan'19

  Brexit is hitting IT spending

  Research confirms what many in the channel had already experienced with customers hitting the pause button on IT projects

• January 23, 2019 23 Jan'19

  Computacenter ahead of expectations for 2018

  The channel player has updated investors with a trading statement indicating that it exceeded its own expectations in the last fiscal year

• January 17, 2019 17 Jan'19

  Fujitsu aims to lower risk for MSPs with uSCALE option

  The vendor continues to roll out more offerings to support the service providers in the channel looking for support and flexibility

• January 16, 2019 16 Jan'19

  Veeam hints at expansion after landing $500m funding

  The data management player already boasts 60,000 global partners and is looking at giving them more products and markets to sell and focus on

• January 16, 2019 16 Jan'19

  Channel expresses fears over no-deal EU exit

  With the Prime Minister finding it difficult to get consensus in the House of Commons for a way forward with Brexit the concerns are growing that it will mean the UK crashes out of the EU with no deal

• January 07, 2019 07 Jan'19

  HMRC offers £8m reward to systems integrators who can customise Brexit

  With the departure from the EU looming, attempts to make customs processes easier has gathered pace

• November 22, 2018 22 Nov'18

  CAE bosses push forward MBO

  The CEO and COO at the channel player have started a fresh chapter in the history of the Cisco gold partner's story

• November 22, 2018 22 Nov'18

  Disappointing H1 costs Redcentric chief executive his position

  Managed service player reacts swiftly to take steps to get the firm back to growth

• November 09, 2018 09 Nov'18

  Distribution set for a solid year as growth continues through Q3

  A market analysis of how distribution across Europe has fared in Q3 from Context indicates that it has all been good so far in 2018

• October 31, 2018 31 Oct'18

  UK delivers double digit revenue growth for CDW

  It has been a good Q3 and a decent first nine months of the year for CDW's operations in the UK

• October 31, 2018 31 Oct'18

  Weak UK market conditions impact Computacenter's Q3

  After a strong first half the third quarter has been more subdued for the channel player

• October 29, 2018 29 Oct'18

  High street dealers get Budget relief

  Chancellor indicates that those struggling with business rates will get help in the face of mounting online competition