The Channel logo

News

By | Paul Kunert 19th July 2011 14:12

TSG gets its lips round Rocket

Geordie gobbles fellow Northeasterner

Acquisitive reseller Technology Services Group (TSG) has snapped up fellow Geordie Microsoft SharePoint consultancy Rocket Solutions.

This is the second small-scale deal that TSG has struck this year following the takeover in April of specialist CRM dealer Concentrix, and represents its twenty-fifth takeover to date.

SharePoint has been a near recession-proof technology, as business customers invest to build websites and then manage the content. Sales broke the $1bn barrier in 2008 and the software was updated again last year.

"We have seen considerable growth in the demand for SharePoint and BI projects from our customer base over the last two years," said TSG chief executive David Stonehouse in a statement.

TSG insisted that all Rocket's staff will remain with the business and customer contacts remain unchanged.

Rocket posted abbreviated accounts for the year to 31 January 2011, while fiscal 2010 numbers for TSG showed sales just shy of £30m and pre-tax losses of £3.45m. ®

alert Send corrections

Opinion

Privacy image

Frank Jennings

Two working parties, ministers galore... but data transfer law remains in limbo
EMC_Unity_bezel

Chris Evans

It does simplify the hardware setup, whatever it is
A microscopic view of the biometric shark skin. Pic: James Weaver

Chris Mellor

Do something and stop faffing about in the bush league

Kat Hall

International system in general needs greater transparency

Features

Nerd fail photo via Shutterstock
Shouting match
Single market vs. rest of the world
hacker
Mostly it's financial crime. Here's what all the cool kids' terms mean in English
Apple logo. Pic: Blake Patterson
Plenty of bumps in the 40-year road for Mac makers