Feeds

Tadpole takes out another minnow

Is it greedy, or just hungry?

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Tadpole Technology, the Cambridge based specialist workstation and mobile computer systems manufacturer is taking out the competition, by taking it over. Tadpole is buying one of its US rivals, RDI, in a $6 million reverse take over. Tadpole’s directors will retain control of the board of the new group. The deal is being funded by way of a rights issue at 10.5 pence per share on a 26 for 25 basis. This is expected to raise £5.35 million – nearly half again the necessary cash for the deal. The rest of the money will be funnelled into the companies Java software operations, and provide further working capital. RDI, a subsidiary of Trigem, competes with Tadpole in the Sun portable workstation market. The company announced losses of $1.21 million on a turnover of $13.1 million in the year to May 1998 before inventory write offs. Following shareholder approval, trading in Tadpole’s shares is expected to resume next month. They had been suspended at 18 pence a share. * Register Tadpolenote 222. One of the staffer’s entire stock of tadpoles in his garden pond was mulleted by two goldfish which obviously thought the fish food did not satify their protein needs…

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.