HOME CMS Distribution extends Micro Focus partnership
CMS Distribution, a specialist distributor supplying business and consumer technologies has announced an extended partnership with Micro Focus, the seventh largest pure-play software company in the world. CMS customers will now be able to access the complete Micro Focus portfolio, providing world-class enterprise-grade scalable solutions, delivering innovation across DevOps, hybrid IT, security and risk management and predictive analytics.
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Go Instore solution drives HP retail sales
Go Instore, a provider of immersive omnichannel retail experiences for personalised ecommerce, today announced the success HP inc have had in providing human-led digital user experiences for their retail partners’ online customers. Go Instore is providing HP’s online shoppers with authentic, physical in-store experiences through an immersive live one-way HD video and two-way audio conversation with a HP in-store sales expert.
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Xtrfy signs Pacificomm as distributor
Swedish gaming brand Xtrfy has strengthened its channel reach in Asia-Pacific, appointing Pacificomm as an exclusive distribution partner for Australia and New Zealand. Pacificomm has already started onboarding retailers and resellers to drive Xtrfy’s sales in the region. Xtrfy are already in the assortment at retailers such as JB Hi-Fi and Mwave.
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Western European distributor PC revenues continue to rise
Western Europe’s largest distributors saw revenues from PC sales continue to rise in early first quarter 2019 after a significant increase last year, according to data published by CONTEXT, the IT market intelligence company. PC revenues were up by 6% year-on-year during the first two months of the year – to €2 billion (US$2.28 billion) – on the back of a 5% growth last year.
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Russian smart home market to hit US$2.3 billion by 2023
Market research from Statista has highlighted the huge growth opportunities in the Russian smart home segment. Sales in the smart home market are forecast to hit US$609m in 2019, with an annual growth rate of 40.4% driving the overall market value to US$2.37 billion per annum by 2023. Household penetration of smart home solutions stands at just 2.8% in 2019, but is projected to climb to 10.7% by 2023.
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NASDAQ-quoted gaming headset and audio accessories brand Turtle Beach has announced an agreement to buy Roccat – a German PC peripherals brand offering gaming mice, keyboards and other accessories. Turtle Beach will pay US$14.8m cash for Roccat, plus up to US$3.4m in earnout payments. Roccat is expected to boost Turtle Beach’s sales by more than US$30m in 2020.
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M.Video-Eldorado targets 1100 stores by 2022
Russia-based retail colossus M.Video-Eldorado has reported pro-forma group sales for calendar 2018 of US$6.44 billion – up 17.7% year-on-year. The company’s online sales grew 31% in 2018 to hit US$1.18 billion. M.Video-Eldorado is Russia’s largest consumer electronics (CE) retailer by revenues, according to the company. M.Video-Eldorado ended 2018 with 941 stores in its network with plans to operate a total of 1,100 stores by the end of 2022.
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Russian tech market expands 16.6% in 2018
Research house GfK’s most recent TEMAX analysis of the ICT, telecoms and consumer electronics market in Russia indicates that the total market value hit US$8.2 billion in the fourth quarter of 2018 – up 16.3% year-on-year. The positive market development continued as consumers found attractive offers in retail and accelerated purchase decisions ahead of VAT changes planned for 2019. Total sales in Russia for calendar 2018 hit US$25.8 billion – up 16.6% year-on-year
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Port Designs adds Syntech as distributor
Cases, bags, accessories and covers brand Port Designs has appointed South Africa-based Syntech as a distribution partner. Syntech will sell Port Designs’ product portfolio to its channel customer base. Ryan Martyn, co-founder at Syntech, said: “This key partnership will harness Syntech’s existing strengths and reseller channels to deliver the perfect Port Designs product to the right South African markets.”
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DISTREE EMEA 2019 drives channel collaboration
The 17th annual DISTREE Europe, Middle East & Africa (EMEA) consumer tech regional channel event took place last week in Monaco. More than one hundred tech brands were represented at the event, holding pre-scheduled one-on-one meetings with senior executives and buyers from the region’s leading distributors, retailers, e-tailers and channel partners. DISTREE EMEA 2019 took place at the Fairmont Hotel, running from February 19th to 22nd.
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