Feeds

Morse snaps up Spanish dealership

European roll-out

  • alert
  • submit to reddit

Morse, the mid-range reseller, is expanding into Spain through a 51 per cent stake Integracion de Sistemas Abiertos SA (ISASA). This will cost it £1.76m in cash.

Morse also has options to buy the rest of the company over the next two years for another £2m. The Spaniards could also trouser another &#1639.42m, if they hit all their performance targets

ISASA has offices in Barcelona and Madrid, and employs 47 people. For the year to December 2000, ISASA had sales of Pta 2,910m (£10.77m), PBT of Pta 122million (£0.45m). Net assets were valued at Pta 212m (£0.78m).

Morse is Europe's biggest reseller for Sun and midrange HP kit. The company operates in the UK, France and Germany. ®

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.