The Register® — Biting the hand that feeds IT

Feeds

Carrera ceases trading

  • alert
  • print
  • tweet

To be sold as going going gone concern?

Free whitepaper – Solid State Drives and High-Speed Memory

Carrera, the stricken system builder has ceased trading and is "operating" with only a skeleton staff.

But joint receiver Panell Kerr Foster (PKF) and today confirmed that the company has not gone into liquidation.

So what's happening to the "active negotiations" to sell the company as a going concern? According to the online edition of PC Plus, a deal to sell the company to Mesh, a rival system builder, fell through last week.

According to PC Plus, Mesh backed out over concern with Carrera's warranty obligations, which were, it felt "under-insured". ®

Free whitepaper – Application Performance Management: