The Channel logo

News

By | Kelly Fiveash 1st August 2007 12:03

Documents point to Time takeover of Evesham

Austin takes on mysterious new directorship

Exclusive Evesham Technology's founder and chairman Richard Austin became director of a newly created firm with links to TimeUK late last month, The Register has learned.

According to documents obtained via Companies House, Geemore Technology Ltd was formed on the same day (20 July) Austin was made director.

Geemore is also registered at the same office as Evesham in Vale Park, Worcestershire.

The Elite Logo Company, a dormant business owned by TimeUK founders Tahir Mohsan and Tariq Mohammed, is registered as secretary of the mysterious new firm.

As we previously reported, Evesham looked set for an imminent sale with Austin, who has been at the firm for nearly 25 years, confirming to us on 22 June that he had been in talks with several companies.

He told us: "Every man has his price."

Speculation mounted in early July that TimeUK was the likely frontrunner to buy the troubled indigenous British PC maker.

It is unclear whether a deal has been struck, but documents certainly suggest that discussions over the future of Evesham are advanced.

We have contacted Austin and TimeUK's marketing manager for comment, but neither was available to talk to us at the time of writing. ®

comment icon Read 9 comments on this article 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