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

Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.