Feeds

Tetra flogs stationery rights

Diverts proceeds into software licences

  • alert
  • submit to reddit

Security for virtualized datacentres

Tetra has flogged the intellectual property rights (IPR) to its business forms division to Software Stationery Holdings for £150,000 cash. SSH also gets rights to use the Tetra customer database for two years. In return it will pay commission on all future sales to the database, committing to a minimum of £200,000 per year over the next two years. Tetra said the business forms division is non-core as it focuses on sales to customers with low-end systems. The company will funnel the proceeds from the sale into resourcing software licence sales “where margins and growth are substantially higher”. In the year to 31 May 1998, the Business Forms Division made £179K PBT on £1,044,000 sales. No amount was attributed to the IPR in Tetra's balance sheet as at 31 May 1998. ®: Click here for more stories

Security and trust: The backbone of doing business over the internet

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
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
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.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.