May 25, 2019

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Avnet confirmed as Horizon suitor

Distribution giant Avnet plans to snap up Horizon Technology Group for €101.3m (US$159m) cash. The offer, which works out at €1.18 per share, represents a massive 153.8% premium on Horizon shares closing price of €0.465 the day before the offer was acknowledged. Horizon’s directors are unanimously recommending that shareholders accept the Avnet offer, which values Horizon at a price-earnings ratio of 17.2 based on full year 2007 after tax profits. Read full story

by Stuart Wilson, Friday 18 April 2008

Gamma secures fresh funds

UK-based Gamma Global – an independent IT hardware distributor – has secured US$25m additional funding from Bank of Scotland Corporate. Gamma plans to double its sales to US$200m by 2010 and is also planning to expand through acquisitions. Gamma, which is located in Manchester, now employs more than 50 people, works with more than 1,000 resellers and trades in more than 50 countries. Read full story

by Stuart Wilson, Friday 18 April 2008

Ingram Micro grabs VMware Nordic rights

Distribution behemoth Ingram Micro has signed a distribution deal with VMware for the Nordic region. Ingram will offer the full breadth of VMware’s virtualisation solutions to its IT reseller base in the region. The deal builds on Ingram Micro’s existing distribution agreements with VMware covering Germany, North America and Australia. Read full story

by Stuart Wilson, Thursday 17 April 2008

Kerio makes Moscow move

Internet security and messaging software vendor Kerio has opened an office in Moscow to support its rapid sales growth in Russia. The new office will service Kerio’s reseller and distribution community, which provide the channel to market for the vendor’s messaging and firewall solutions aimed at the SME market. Read full story

by Stuart Wilson, Thursday 17 April 2008

Jumbo adds four more stores in UAE

Jumbo Electronics has boosted its UAE retail network, opening four new mall-based stores across the Emirates. Jumbo reckons that the new outlets - located in Khalidiya and Al Wahda malls in Abu Dhabi, Sahara Centre in Sharjah and Festival City in Dubai – will enhance the company’s position as a leading retailer in the consumer electronics and technology sectors. Read full story

by Stuart Wilson, Thursday 17 April 2008

Computerlinks signs Siemens deal

Security and internet solutions distributor Computerlinks has struck a UK and Ireland distribution agreement with Siemens Enterprise Communications. The deal, which boosts Computerlinks unified communications portfolio, will specifically focus on Siemens’ HiPath Wireless portfolio but is not limited solely to this product range. Read full story

by Stuart Wilson, Thursday 17 April 2008

Netgear eyes Egyptian potential

Networking vendor Netgear has set its sights on the potential of the booming Egyptian market. The company recently held an in-country seminar alongside Egyptian channel partner Hiteknofal aimed at systems integrators, distributors and value-added resellers. Netgear, citing recent studies, claims that the Egyptian IT sector is set to soar in value from US$889m in 2006 to a massive US$1.3billion by 2011. Read full story

by Stuart Wilson, Wednesday 16 April 2008

Computacenter Express targets SMBs

European reseller powerhouse Computacenter has whipped the covers off a new web-based IT purchasing service aimed specifically at small and medium business (SMB) customers. According to the company, Computacenter Express combines the company’s experience of helping large customers maximise their IT spend with the ease of online purchasing, offering SMBs a cost-effective IT procurement option. Read full story

by Stuart Wilson, Wednesday 16 April 2008

HTC hones retailer skills

Smart device vendor HTC has ramped up the sales skills in its Middle East channel with technical training sessions for its retailers and direct partners in the UAE, Kuwait and Saudi Arabia. The three-hour training sessions focused on the features of HTC devices, equipping the retail staff with the skills required to respond to customer queries. Read full story

by Stuart Wilson, Tuesday 15 April 2008

Actelis launches partner portal

Actelis Networks – a provider of Carrier Ethernet over Copper solutions – has launched a new and expanded website and partner portal to meet the needs of service providers, resellers and customers worldwide. The new website features tools and information to support the needs of the carrier Ethernet market. Read full story

by Stuart Wilson, Tuesday 15 April 2008

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