SCC buys Lantec division from Elcom
Updated: ETC to merge with Elite
Posted in Business, 13th July 1999 12:39 GMT
Increase your knowledge of the latest threats to your busines
Specialist Computer Centre (SCC) has bought part of Elcom International's UK reseller business. The sale of the subsidiary, formerly known as Lantec, is understood to have boosted the anticipated reseller sales of SCC's parent, Specialist Computer Holdings, to £700 million. According to a report in Microscope magazine, SCH chairman Peter Rigby said about 300 staff would be moved to the Birmingham-based group. Peter Rigby, SCC chairman and chief executive, said: "Whilst SCC is the UK's second largest reseller, our perceived strength has been in the Midlands and the North, Elcom's blue chip customer base and technical and services capabilities are predominantly southern based. Its culture, people, skills and logistics are a perfect match to build and extend our added value services offerings in the home counties." SCH's distribution arm, ETC, will also merge with Elcom's UK distributor Elite. Industry analyst Richard Holway told The Register the deal made sense. "From everything that I've heard, the acquisition seems to fit them like a glove." "SCH lost its way a little bit by moving into retail. It should have stuck to the main reseller business of selling into the corporate market, like Computacenter. "But today's move should take them back to where they belong, back at the top of the league," he said. The handover will take place on 31 July. No figures were released for the sale. The £700 million revenues would place SCH second only to Computacenter. ®
See what The Register's experts have to say on application security


The future of SaaS and IT infrastructure management
The Total Economic Impact of Dell's PC products and services
The best practices guide for application security
Reducing messaging and web security costs with managed services

Win a Samsung C6625!
Is your cameraphone an oxymoron?
Reg Mobile and Wireless newsletter is go! go! go!
Sign up, sign up for The Register IT security newsletter