Feeds

This is the time for takeover Action

Rumours of US-led acquisition surround mail order dealer

  • alert
  • submit to reddit

Bridging the IT gap between rising business demands and ageing tools

Action Computer Supplies has confirmed talks with a potential buyer are taking place. Discussions are at a "'very preliminary' stage, which may or may not lead to an offer being made for the company," according to a statement issued today by the UK reseller. The mail order company made the announcement in direct response to what the company called: "Recent press comment speculating on a possible offer for the company." Action’s shares have plummeted from 441p since February. By this afternoon share prices rallied to 230p amid buyout rumours. American computer companies have been flocking to buy the Wembley-based reseller, including Insight Enterprises, according to yesterday’s Mail on Sunday. A representative for Nasdaq-listed Insight told the Mail on Sunday that investors had been informed that: "Acquisition plans are still in motion." She added that Insight intended to snap up companies in Europe this year. US direct sales giant Insight bought German-based reseller Computerprofis Computersysteme in December. The move was Insight’s second European acquisition last year, following its buyout of ailing UK reseller Choice in April. Global Directmail, which acquired UK-based off-the-page reseller Simply Computers in February, was also said to be in the running for Action. Action was unavailable for comment. ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.