Morse buys niche consultancy biz
Print'De-risking projects'
Posted in Channel, 21st April 2004 10:07 GMT
Free research: Application platforms, the state of play
Morse, Europe's biggest Sun dealer, has bought a City management consultancy business called CSTIM. Terms are undisclosed.
CSTIM clients are in the financial services sector, Morse's biggest vertical market. The firm has 60 staff based in London, Luxembourg, Edinburgh, Jersey and Cape Town. It will continue to operate under its own name.
In essence, Morse is buying its way to an earlier stage in the technology buying process. CSTIM advises what to buy and Morse has plenty of people to do the installation and makes sure that it all hangs together.
Or as David Beresford, Morse's UK country director, puts it: "Morse and CSTIM have complementary strengths, which will be able to deliver business-led consulting services and solutions to our combined client base. The partnership will be particularly attractive to clients who prefer a single relationship as a means of reducing cost and de-risking projects." ®
Related stories
Morse signals upturn in '04
Morse customers start spending again
Hardware sales carry on falling at Morse
Dirty, dirty PCs: The X-rated picture guide
Top 500 supers - rise of the Linux quad-cores
Early adopters bloodied by Ubuntu's Karmic Koala
Sign up, sign up for The Register IT security newsletter