Feeds

Ciscom escapes ilion legal action

Distie's new owner passes peace pipe

  • alert
  • submit to reddit

Security for virtualized datacentres

ilion has pulled out of suing reseller Ciscom, the distributor's parent company, Landis, has said. The networking distributor, which bought ilion earlier this year, said in a statement issued yesterday: "Following the due diligence carried out in relation to the acquisition, and reviewing the evidence submitted by ilion of mis-representation by Ciscom, Landis conclude there is no case to answer by Ciscom. "Following a meeting of senior executives, both parties have agreed to withdraw legal proceedings and the matter is now closed." In April, ilion decided to instigate legal proceedings against an employee after discovering financial irregularities that it said could cost the company up to £500,000. It followed this in June with the announcement that it was seeking "substantial damages for losses... in connection with an irregular transaction" from Cisco reseller Ciscom. However, the two seem to have been persuaded to bury the hatchet by Landis. ® Related Stories Cisco fall-out sees ilion sue Ciscom Allegations of fraud rock ilion

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
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
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.