The Channel logo

News

By | Team Register 11th July 2008 09:43

Insight buys UK dealership for Cisco glory

Ooh you little MINX!

Insight Enterprises has gained Cisco Gold Partner accreditation in the UK through the back door - by buying a small reseller that's already got the badge.

The reseller giant is shelling out $1.5m in cash for MINX Ltd, a dealership in Elstree, Herts. Probably more significantly, it is also taking on $4.6m in existing debt. And it may pay out another $700k in 12 months, if performance targets are met.

MINX brings revenues of $26m to the table and a sheaf of awards from Cisco. Founder and MD John Pepper will take charge of Insight UK's new networking solutions team, which consists of MINX - as was - and a smaller group who already work at Insight.

Press release. ®

alert Send corrections

Opinion

Blood image

Trevor Pott

Can the storage giant overcome a lack of necessary leadership?

Chris Mellor

Why overlapping kit from a merger equals a disaster in waiting
management cloud2

Gavin Clarke

The executioner turns gambler as HP's PCs are set to go

Features

No, silly... he was the fall guy for years of Finnish folly
Fraud image
Frodo and the Ring
Microsoft's strategy is to make Store apps popular. Good luck with that