Feeds

Legend ISP is takeover target

Prelim talks held

Website security in corporate America

Lancaster-based ISP Legend Communications has confirmed that it is holding talks to flog the company.

In a statement the ISP said it was "engaged in preliminary talks, which may or may not lead to an offer being made for the company".

It went on: "The talks are at a very early stage and there is no certainty that any offer will be made."

According to rumours bouncing around Legend, favourites to acquire the ISP are Pipex and Scottish Telco Thus.

No one from Pipex was available for comment while a spokeswoman for Thus - which last week confirmed it had money to spend on new businesses - declined to add anything further.

In the Summer Legend - which used to be known as Business Serve - cut its work force after issuing a trading statement warning that its broadband business was being squeezed and that it had been hit by "two bad debts" amounting to some £200,000.

At this stage it's still not known how many people lost their jobs although insiders have told us that most of the sales staff got the push.

In August the company said: "Although trading at the beginning of the financial year was in line with management expectations the last few weeks have proved to be particularly challenging.

"The downturn in trading is attributable to continuing margin pressure on the ADSL business line and an unexpected decrease in customer renewal rates." ®

Reducing the cost and complexity of web vulnerability management

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Israeli spies rebel over mass-snooping on innocent Palestinians
'Disciplinary treatment will be sharp and clear' vow spy-chiefs
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Show us your Five-Eyes SECRETS says Privacy International
Refusal to disclose GCHQ canteen menus and prices triggers Euro Human Rights Court action
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.