The Channel logo

Articles about Administration

UK.gov provider frees Microsoft partner TES from administration

Business process outsourcing firm Liberata IT Solutions, which is responsible for several large government contracts, has devoured Microsoft Gold partner Trinity Expert Systems (TES) in a pre-pack administration. This came after TES succumbed to pressing cash-flow issues. Coventry-based TES called in the receivers Deloitte …
Paul Kunert, 11 Oct 2013

2e2 debt recovery specialist finds... £2,000 in six months

The administrator of 2e2 has recouped just a tiny fraction of the debts owed to the integrator, a Progress Report has revealed. FTI Consulting took control of the company's affairs January '13 in the well-documented collapse. By March last year, it had struggled to recover one-tenth of the £43m on the debt ledger at its …
Paul Kunert, 12 Feb 2014

Brit education tech supplier comes back to life after collapse

The company formerly known as Tribune Business Systems is about to be reanimated after Dubai-based investment firm VMS bought it out of administration in a classic pre-pack arrangement. As revealed this week, the London-based education supplier called in receivers FRP Advisory after failing to secure additional investment. All …
Paul Kunert, 07 Mar 2014
Sorry we're closed

Brit schools' supplier Tribune Business Systems RUBBED OUT

Education tech supplier Tribune Business Systems (TBS) has gone into administration due to crippling cash flow issues with FRP Advisory handling the affairs. CEO Sheldon Stoutt was understood to have been looking for additional investment but this did not materialise, and the company called in the receivers in the middle of last …
Paul Kunert, 04 Mar 2014
gavel_judgment_channel

2e2 staffers get day in court over unpaid pre-meltdown wages

Hundreds of former 2e2 UK employees will be told just days before Christmas at a Reading tribunal whether wages owed to them will be paid in full or not. There are some 356 claimants of 2e2 UK Ltd, Oakley Capital Ltd, Daisy Data Centre and Telefonica, a clerk at Reading tribunal told The Channel. The hearing date has been set …
Paul Kunert, 24 Sep 2013

UK storage integrator Glasshouse Tech goes titsup

Glasshouse Technologies has called the administrators into its UK ops after directors exhausted all possible solutions to heal the sickly infrastructure services integrator. El Chan can reveal that KPMG Restructuring answered the cries for help on 27 March just days before Glasshouse was due to attend a winding up petition at …
Paul Kunert, 02 Apr 2014

Former staffers of titsup Brit IT giant 2e2 haul administrator to court over pay

A group of former 2e2 staff are set to discover next week at an employment tribunal how successful they've been in efforts to recover monies they claim are owed to them by administrator FTI Consulting. The 200-strong bunch will have their case heard in Reading on 17 September under the representation of Jenny Andrews at Andrews …
Paul Kunert, 11 Sep 2013

Former 2e2 workers WIN case for protective award

An employment tribunal has ruled in favour of former 2e2 workers' claims for protective awards. A year after the saga began, hundreds are to be paid up to eight weeks' wages by the government – the maximum allowed. There weren't many winners in the firm's collapse - save for, perhaps, the administrators - with staff out of a job …
Paul Kunert, 24 Jan 2014

FORCE gov.uk suppliers to stick to 'open data principles' – MPs

UK government suppliers should be required to adhere to the same "open data principles" as government departments, a committee of MPs has proposed. The House of Commons' Public Administration Select Committee backed calls from UK Information Commissioner Christopher Graham, among others, for greater transparency in the …
OUT-LAW.COM, 20 Mar 2014
paper cut-out men holding hands in linked semi-circle

Bell Microsystems circles cawing above corpse of Glasshouse UK

South coast-based tech supplier Bell Microsystems is trying to pick up customers and staff at bust storage integrator Glasshouse Technologies. As we revealed a couple of days ago, hard pressed Glasshouse called in KPMG Restructuring after cash flow dried up, with the administrator looking to offload the business to a third party …
Paul Kunert, 04 Apr 2014

One year on: What exactly did the 2e2 collapse teach us?

“Sam, I need you in the Heathrow office early tomorrow morning,” read the panicked text from my line manager on a Sunday night. The UK subs of 2e2 Group entered administration a year ago. I had a unique vantage point from where I sat within the crumbling company through the brutal process of administration and seeing the …
Sam Simpson, 20 Feb 2014

Ex-2e2 staffers STILL waiting for wages owed

The frustration for hundreds of 2e2 staffers waiting to discover if they are to be paid wages owed to them continues nearly a year after the Berkshire-based integrator went under in dramatic circumstances. Some 356 claimants of 2e2 UK Ltd, Oakley Capital Ltd, Daisy Data Centre and Telefonica are holding out for the funds, and …
Paul Kunert, 15 Jan 2014
padlock

D-Link: Oops! We'll slam shut that router backdoor by end of month

D-Link has promised to close its routers' backdoors by Hallowe'en, following revelations that many of its consumer-grade devices accept unauthenticated access to its admin Web page. As reported here yesterday, a researcher at /DEV/TTYS0 blog unpacked the firmware of a number of D-Link devices, finding that if a browser presented …

World+dog left counting costs: Still can't bury corpse of titsup Brit IT giant 2e2

The administrator of deceased 2e2 appears to have made slow progress in collecting book debts, with tens of millions still outstanding months after the integrator-cum-reseller failed. The latest progress report filed at Companies House today revealed that JP Associates (JPA), previously hired by 2e2 administrator FTI Consulting …
Paul Kunert, 02 Sep 2013

IT contractors lose thousands as 2e2 collapse hits recruiter

Tech-sector freelancers are thousands of pounds out of pocket after the collapse of IT integrator 2e2 wiped out recruitment agency Populo Resourcing, The Channel can reveal. The contractors, recruited by Populo to work on various IT projects for 2e2, had their work cancelled days after the integrator crashed. Some say they are …
Paul Kunert, 18 Mar 2013

We're NOT DOOMED after all: Global semiconductor sales post record 2013

The PC business may be imploding and large chunks of the global economy may still be struggling, but you wouldn't know it from last year's worldwide semiconductor sales – they topped $300bn for the first time in history, according to the Semiconductor Industry Association (SIA). For the full year, the industry raked in $305.6bn …
Rik Myslewski, 06 Feb 2014

Beijing leans on Microsoft to maintain Windows XP support

The Chinese government has urged Microsoft to extend support for Windows XP in order to boost Beijing’s anti-piracy efforts and head off a potentially huge security threat. Yan Xiaohong, deputy director of China’s National Copyright Administration, met Microsoft and other software companies in a bid to put some pressure on, …
Phil Muncaster, 04 Dec 2013

Scotland Yard defends single supplier IT gig with Insight

London's Metropolitan Police has defended its use of a single supplier procurement standard after it penned a four-year deal with IT hardware outfit Insight, claiming it could yield cost savings of up to ten per cent over the contract's lifetime. The previous buying arrangement that London cops had with SCC under the Sprint ii …
Paul Kunert, 18 Mar 2014

Mega UK reseller Kelway bags investment banker for matchmaking service

Kelway has appointed global investment banker William Blair to seek a way forward for the business, which in all likelihood appears to involve hauling in a new private equity backer. As The Channel previously noted, Kelway has swelled to a £500m sales biz, which appears to restrict potential trade buyers in UK reseller land to …
Paul Kunert, 27 Jan 2014
Red Ring of Death

'Amazon has destroyed the unicorn factory' ... How clouds are making sysadmins extinct

The rise of the cloud is wiping out the next generation of valuable sysadmins as startups never learn about how to manage data-center gear properly, a Pasadena tech biz boss has said. The problem, according to Steve Curry – the president of managed OpenStack provider Metacloud – is that modern upstarts are going directly to …
Jack Clark, 14 Mar 2014
Columns of coins in the cloud

Microsoft builds admin tool to spare Office 365 sellers' blushes

Microsoft's legion of Office 365 floggers have waited 18 months for a tool that allows them to manage customers using the cloudy suite, and in that time blindly fielded some calls from irate folk suffering outages. But help is finally at hand, according to Adam Jung, senior product manager of the Office 365 team: a bigger and …
Paul Kunert, 31 Jan 2014

Administrator: 2e2 owed £412m to creditors when it went titsup

2e2 Ltd crashed out of business owing creditors a little over £412m, the firm's administrator FTI Consulting has confirmed in its statement of affairs. The document, seen by The Channel, revealed debts secured by floating charges of £161.5m pertaining to the integrator's banking syndicate, and unsecured non-preferential claims …
Paul Kunert, 11 Apr 2013

UK gov 'still failing' at procurement, says Commons committee

Systemic failures in government procurement and contract management continue "unabated" three years after the coalition vowed to tackle inefficiencies in the way public sector people buy tech. This is according to the House of Commons' Public Administration Select Committee (PASC) led by Bernard Jenkins MP (Con), which conceded …
Paul Kunert, 23 Jul 2013

Entry-level HP SAN array stoops to conquer small biz bods

Once upon a time, HP had an MSA entry-level SAN array line-up with MSA 1000 (2gig FC) and MSA p2000 (8gig FC, 10gig iSCSI, 6 gig SAS) products. Now again it has two MSA array products: the MSA 1040 and 2040 dual-controller array products. Updated StoreEasy and StoreOnce product features were announced at HP's channel event in …
Chris Mellor, 24 Mar 2014

Stricken 2e2 sacks 627, winds down, retains a few data centre caretakers

Stricken UK integrator 2e2 - in administration and unable to find a buyer - effectively started to wind down operations today by confirming 627 people were being let go with just a small group of data centre staffers left to keep things "ticking over". Employees were told at 8.30am to get onto a conference call at scheduled for …
Paul Kunert, 06 Feb 2013

Cloudy firm Coms Plc coughs £9.5m for Redstone

The three-year restructuring at Redstone was effectively wrapped up today after management "conditionally" sold trading subsidiary Comunica for £9.5m in cash to LSE listed cloud-based telephony player Coms Plc. Under the terms of the deal, Coms will cough £7.65m on completion and a deferred consideration of £1.85m in the next 12 …
Paul Kunert, 05 Nov 2013

Atomic Weapons Establishment ditches 2e2 in funding row

Stricken integrator 2e2's administrator has confirmed in a letter to staff that the Atomic Weapons Establishment, one of its data centre customers, walked after it was asked to pay thousands of pounds to keep the server farm up and running. FTI Consulting, hauled in to take charge of 2e2 late January, told remaining staff at the …
Paul Kunert, 08 Feb 2013

IBM offloads customer services biz for half a BEELLION DOLLARS

IBM is planning to outsource its Business Process Outsourcing customer services after last night confirming plans to offload the unit to US tech distie and BPO player Synnex for $505m. Under the terms of the deal, Synnex will cough $430m in cash and $75m in stock to take on 45,000 soon-to-be-ex IBMers operating across a network …
Paul Kunert, 11 Sep 2013
reseller_closures

Micro Anvika goes titsup after Olympics fails to save its shops

The directors at Tottenham Court Road outfit Micro Anvika have called in the administrators after more than 28 years in business, The Channel can reveal. The firm appointed IP and business advisor Re10 on 17 September but continues to trade out of its three premises - two on TCR and one in Newcastle - albeit with fewer staff. …
Paul Kunert, 24 Sep 2012
IBM

IBM and Sun reseller goes into administration

Productivity Computer Solutions, an IBM and Sun reseller based in Wakefield, has gone into administration. A spokesman for chartered accountants Tait Walker said: "We were appointed administrators on the 15th of October but can't say any more than that at this stage." Steve Wolski, managing director at PCS, told the Reg: "We …
John Oates, 19 Oct 2007

Lawyer: 2e2 customers should act quickly as liquidation looms

Any 2e2 customers that clung on in the hope a buyer could be found for fallen channel giant must act now to minimise disruption to service, a law firm has warned. More than a week has passed since 2e2's 10 UK subsidiaries were placed in the hands of FTI Consulting, and the administrator seems to have run out of potential buyers …
Paul Kunert, 06 Feb 2013
Scotland

Scottish gov follows cutting-edge Italian Post Office with Win 8 trial

A small faction of IT bravehearts in the Scottish government are dabbling with Windows 8 – yes, you read that correctly – to see if Microsoft's much-maligned OS is suitable for a wider roll out. In a pilot scheme, the devolved administration is handing out 100 units comprised of Samsung Series 7, Dell Latitude 10 and Samsung …
Gavin Clarke, 11 Oct 2013
shopping_basket

Daisy Group hoovers up Indecs Computer Services for £18m

Serial swallower Daisy Group has carved another notch on the IT bedpost after coughing £18m to consume mainframe support and maintenance specialist Indecs Computer Services. Redditch-based third party maintainer ICS provides tech support on servers from multiple vendors including HP, IBM, Dell, Oracle and Cisco with Daisy …
Paul Kunert, 28 Oct 2013

Evesham gets extended administration run

Evesham Technology Ltd's administration period has been extended. The defunct British computer maker’s directors received notice that the company would remain under administration until 2 February 2009. Evesham Technology’s creditors agreed to the extension, presumably to give administrators DTE Leonard Curtis more time to …
Kelly Fiveash, 08 Aug 2008
Swiss alps

Switzerland to set up 'Swiss cloud' free of NSA, GCHQ snooping (it hopes)

Swisscom, the Swiss telco that's majority owned by its government, will set up a "Swiss cloud" hosted entirely in the land of cuckoo clocks and fine chocolate – and try to make the service impervious to malware and uninvited spooks. Companies providing secure communications, such as Silent Circle, already use Swiss data centers …
Iain Thomson, 04 Nov 2013
graph up

Relisys back in administration

Monitor maker Relisys Digital has gone into administration for the second time in just over year. Any customer attempting to contact the firm, which supplies products including plasma screens and LCD TVs, is currently met with an answer machine message: "Please be advised that the company has gone into administration. You …
Kelly Fiveash, 23 Mar 2007
chart

Nortel UK goes into administration to save itself

Nortel UK, and most of the comms giant's European operation, has gone into administration a day after its Canadian parent filed for bankruptcy protection. The company said yesterday that its US and Canadian businesses were seeking Chapter 11 bankruptcy protection. The UK firm will be overseen by overseen by Ernst and Young. A …
John Oates, 15 Jan 2009

Capita inks another local council deal, pockets £154m

West Sussex County council has awarded Capita a 10-year deal for the outsourcing of various support services, including telecommunications and pension fund administration, worth £154m. According to a notice in the Official Journal of the European Union, Capita, which was named as the council's preferred bidder last month, will …
Logicalis

Logicalis CEO reveals blueprint for gobbled 2e2 Euro biz

Logicalis CEO Ian Cook says his biz will use the IT Service Management (ITSM) unit in the Dutch operation acquired from 2e2 as a consulting "centre of excellence" for the entire group. Integrator Logicalis - owned by Datatec - yesterday coughed up €24m for 2e2's businesses in Spain, the Netherlands, Ireland and the Channel …
Paul Kunert, 05 Mar 2013
2e2

UK's 2e2 goes titsup

Troubled integrator 2e2 Group has left a potentially devastating trail of debts in its wake after calling in the administrators to its UK ops. The financial backers of the Berkshire-based business hauled in FTI Consulting on Monday afternoon, putting nearly 2,000 jobs at risk of redundancy. "We are working closely with …
Paul Kunert, 29 Jan 2013
big droplets falling from rain cloud

CSC straddles clouds with ServiceMesh gobble

The worst thing about the cloud for users tends to be the built-in policy tools that are either very expensive or too broad in scope to fit the peculiarities of any one organization. So providers of private and public clouds have been busily buying up firms that make it easier to layer a specific set of rules and allocations …
Jack Clark, 31 Oct 2013
2e2

Stricken giant 2e2 may be sold off in one by Monday - sources

The sale of fallen integrator 2e2 may be finalised as early as Monday with administrator FTI Consulting looking to offload all of the UK biz to just one buyer, say people close to the talks. All of the major household names in the channel are understood to have looked under the hood of the Berkshire-based company since ten UK …
Paul Kunert, 01 Feb 2013

Bargain! Desperate Comet SLASHES price of £4,400 iPod Nano

Comet has generously slashed 97 per cent off the price of an Apple iPod Nano, touting the pocket-stroker at £129 rather than an eye-watering, er, £4,444. Until now the chain's clearance sale may not have impressed deal-hungry shoppers, but this saving was sadly too good to be true. The photo below shows a standard Nano model on …
Paul Kunert, 09 Nov 2012
channel_teaser_money_top

Cisco, EMC love child VCE finally dangles rebate lure over channel pool

Cloudy hardware biz VCE threatened to roll out a new tiered channel programme and, by Jove, that is exactly what UK partners have got. The company was forged by Cisco and EMC in 2009, but it has taken the best part of four years to finally create a mechanism that looks and feels like a vendor programme – and it's offering …
Paul Kunert, 26 Sep 2013

Logicalis coughs up €24m for 2e2's Euro ops

Logicalis Group has coughed €24m for 2e2's European operations, it confirmed in a stock market statement this morning. The deal includes the IBM system integration biz in Spain - which is still trading under the Morse brand; the NetApp and HP enterprise reselling outfit in Ireland; a managed service operation in the Channel …
Paul Kunert, 04 Mar 2013
Administration

Cawing retail vultures circle dying Comet, might rip some chunks off

Both bricks-and-mortar and web-based traders are looking to pick through the bones of sickened retail outfit Comet. The receivers Deloitte landed at Comet's doorstep on 2 November to take over operations and have set about cutting costs and finding buyers for the business, which is likely to be broken up. According to sources …
Paul Kunert, 14 Nov 2012

One-time Evesham chief pops up as Centerprise marketing honcho

Centerprise International is becoming something of a retreat for the grandfathers of Blighty's once mighty PC building community. Richard Austin, founder at defunct Evesham Micros, has now pitched up as head of marketing. Only last month, Sam Kazerounian who set up local PC maker Compusys, landed at Basingstoke-based Centerprise …
Paul Kunert, 01 Jul 2013
channel

React Technologies rises from ashes of burning balance sheet

React Technologies has executed a textbook dive into administration followed by a phoenix-like rise from the ashes - and now trades as React Enterprises having wiped off suppliers' debts in the comeback. The network reseller, led by boss Jess Thompson-Hughes, called in receivers Leonard Curtis on 16 March and installed Mark …
Paul Kunert, 26 Mar 2012

HP gets closer to Google with reseller deal

HP has joined forces with Google to sell collections of HP gear along with Google's Apps software. The HP SMB IT in a Box program was announced by HP at its HP Discover conference in Las Vegas on Tuesday, alongside news of HP entering the Google Apps Reseller program. HP has traditionally had a strong relationship with …
Jack Clark, 12 Jun 2013
globalisation

Relisys goes into administration

Monitor maker Relisys has gone into administration. The Manchester-based company's phones have not been answered for the last two weeks and its website went offline a week later (it's back now). PKF Accountants are handling the administration. A spokesman for PKF said: "John Newell and Kerry Bailey are handling things - it …
John Oates, 30 Jan 2006

Opinion

Chris Mellor

How long before Blue Big HQ pulls the plug on the whole thing?

Chris Mellor

Drives nails forged with Red Hat iron into VCE's coffin
Sleep Cycle iOS app screenshot

Trevor Pott

Forget big-spending globo biz: it's about the consumer... and he's desperate for a nap

Features

Windows 8.1 Update  Storeapps Taskbar
Chinese Buffet self-service
Chopping down the phone tree to scrump low-hanging fruit
An original member of the System/360 family announced in 1964, the Model 50 was the most powerful unit in the medium price range.
Big Blue's big $5bn bet adjusted, modified, reduced, back for more
Microsoft CEO Satya Nadella
Redmond needs to discover the mathematics of trust