Feeds

The Incredible Shrinking Merisel

Channel Flannel

  • alert
  • submit to reddit

Maximizing your infrastructure through virtualization

Once upon a time, Merisel was the world's second biggest IT products distributor. Years of cutbacks has seen the company retrench, first to North America, and now to Canada only.

It is firing 200 staff, winding down distribution activities in US over the next 90 days and will in future restrict itself to flogging software licences to resellers. This is intended to restore the company to profitability.

Merisel will retain its 'dominant' hardware distribution business in Canada - but for how long? The company became too puny to compete in US hardware distribution. All it needs would be for the big distie guns to train their sights on Canada and, pretty quickly, Merisel will look too puny to compete there.



Xbidit, the UK channel auction site set up by Alistair Handyside, has opened its doors for business with 14 lots worth £350k up for grabs. The company has validated 600 reseller accounts, from 1,000 applications, Handyside told Microscope.



Northamber has begun a share buyback with the purchase of 45,000 of its own ordinary shares today at 105p each. This represents 0.14 per cent of the share capital. Small potatoes perhaps, but the company has authority, obtained from shareholders on November 10, to buy up to 10 per cent of the issued share capital.


Azlan has promoted Freddie Jones, currently in charge of the company's training business, to UK MD. He replaces Richard Pryor-Jones who takes charge of Azlan's European operations.



Ingram Micro has won channel assembly rights for Compaq Presario retail lines. The distie will build the kit from its Dutch factory, Microscope reports.



Lason Group, a US document processing house is putting its UK subsidiary, formerly called M-R Group, up for sale. The company intends to use the proceeds to 'deleverage its balance sheet'. ®

The Power of One Infographic

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
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
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
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
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
prev story

Whitepapers

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.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
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.