Feeds

Health warning placed on Olicom

Selling some or all of the company?

  • alert
  • submit to reddit

Internet Security Threat Report 2014

In May, we said Olicom was prey, waiting to be eaten by a larger company. Its dismemberment could come even sooner than we thought. The Danish networking equipment vendor says it is talking to various parties with a view to building "co-operative relationships". At the same time, it is negotiating to sell different technologies, to aforementioned various parties. The outcome will drive the company into operating loss and materially affect Olicom's balance sheet (for the worse, we can infer). So it has postponed reporting Q2 US dollar results until the end of August and it has asked the Copenhagen Stock Exchange to put it on the Surveillance List. In effect this is a health warning for dealings in its shares, and it suggests that Olicom does not anticipate its share rising, once the smoke clears over who it is actually negotiating with. Olicom names no names, but Cabletron is surely in the frame: it signed a deal to resell Olicom's Token Ring technology less than two months ago. And on grounds of geography, it would not be entirely surprising if Olicom were talking to Swedish telecoms giant Ericcson, too. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
HBO shocks US pay TV world: We're down with OTT. Netflix says, 'Gee'
This affects every broadcaster, every cable guy
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
French 'terror law' declares WAR on the INTERNET itself, say digi-rights folks
Liberté, Égalité, Fraternité: Two out of three ain't bad
SCREW YOU, EU: BBC rolls out Right To Remember as Google deletes links
Not even Google can withstand the power of Auntie
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
America's super-secret X-37B plane returns to Earth after nearly TWO YEARS aloft
674 days in space for US Air Force's mystery orbital vehicle
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
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?
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.