The Channel logo

News

By | Team Register 3rd February 2006 14:19

Equip moved to pastures new

Parents consolidate their interests

A little bit of housekeeping in the UK IT channel has seen Horizon Technology Group complete its acquisition of networking distributor Equip Technology for £10.6m.

Horizon CEO Gary Coburn said the new arm would complement its existing business in the sale of IT infrastructure goods to the corporate sector.

The €24.8m (£16.8m) turnover Equip had been part of Matrix Communications Group, which went through with the sale so it could concentrate its efforts on services. Matrix recently bought telecoms managed service provider Network Partners and said in a statement it aimed to be the UK's leading virtual network operator - though it described this as the provision of services over local and wide area networks, and gave no mention of the mobile sector. ®

alert Send corrections

Opinion

Microsoft CEO Satya Nadella
Stranded_ships

Chris Mellor

Thousands of layoffs announced as spinning rust enters its death spiral

Chris Mellor

BTIG analysts ponder Pure's position and fall in (qualified) love

Features

Plan b, image via Shutterstock
EU workers, new markets: post-Brexit pressure on May & Co
Tough question, pic via Shutterstock
Honest mistake with your licensing? Audit police look at it on a 'case by case basis'
Kevin Turner
Last of Steve Ballmer's old guard heads for the exit