Feeds

Ever-shrinking Merisel flogs Canadian sub

SYNNEX new owner

  • alert
  • submit to reddit

Merisel is to sell its Canadian sub to Synnex, the US distie-cum-computer assembler, for CAN$30m cash.

This is subject to adjustments for "changes in working capital since March 31, 2001". And the deal needs the blessing of the lenders of both parties.

Merisel will spend the money on developing its US software licensing and Optisel businesses.

Once upon a time, Merisel was the world's second biggest broadline distie, ranked behind only Ingram Micro. Earlier this year, it withdrew completely from hardware distribution in the US, but said it would continue to flog hardware in Canada, its last remaining international sub. ®

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.