The Channel logo


By | Drew Cullen 25th January 2005 20:26

Computacenter flees Austria


Computacenter is to sell its lossmaking Austrian subsidiary for an undisclosed sum. Computacenter Austria employs 220 people, turns over around £50m a year and had a net asset value of €2.7m as of December 2003. Computacenter says the disposal is not material to the group or to its German operations.

The buyer, S&T System Integration & Technology Distribution, will join Computacenter's international network, in countries across central and easten Europe, as well as Austria. The deal is subject to regulatory approval and is expected to close in February 2005.

Computacenter entered the Austrian market in February 2002 through the acquisition of GECITS Germany and Austria. GECITS was the European reseller arm of GE Capital, long since abandoned.

More here. ®

Related stories

France weighs down Computacenter
Computacenter hit by PC price tumble
Computacenter returns to Germany

alert Send corrections


Huge Clouds Ocean

Chris Mellor

Tech Unplugged sees Reg presenter unplugged


Boats storm girl photo via Nikolina Mrakovic
The puppets from Team America: World Police gather at a bar for drinks.
Child measuring image via Shutterstock
VMware, Hyper-V… XenServer? The choice is yours