Feeds

Evesham sale imminent?

TimeUK tipped to takeover as more senior board members walk

HP ProLiant Gen8: Integrated lifecycle automation

Evesham Technology looks set to be on the brink of a buy-out, with TimeUK rumoured to be the strongest candidate to takeover the firm.

As we exclusively revealed a few weeks ago, Evesham's owner and chairman Richard Austin confirmed to El Reg that the UK computer vendor was in talks with several interested parties.

We also learned that the managing director and financial director at the Worcestershire-based firm, David Hards and Brad Walker, resigned on 14 June this year.

We now know from Company House records that two more senior members of the Evesham team, non-executive director Bill Joss and procurement director Shaun Morris, handed in their notice just a day later. Both men left Evesham on 27 June fuelling rumours that an imminent sale is likely.

The departure of four board members has left a gaping hole at the top with Austin currently listed as both company secretary and director.

TimeUK is believed to be in the picture after sightings of its founders Tahir Mohsan and Tariq Mohammed were made over the past few weeks at Evesham, according to reports. But no one at the firm was immediately available to comment on the rumoured buyout.

Austin also declined to comment on the latest revelations surrounding the current state of the company he founded in 1983.

He told us in June that the firm, which is one of the last indigenous British PC makers, had been hit particularly hard by the withdrawal of the government's Home Computer Initiative scheme.

However, he had been unable to confirm what a potential takeover would mean for some 300 staff.

One ex-employee told The Register: "The people who work there used to really care and be pasionate for Evesham to be the best of the last that cared." ®

Eight steps to building an HP BladeSystem

More from The Register

next story
THUD! WD plonks down SIX TERABYTE 'consumer NAS' fatboy
Now that's a LOT of porn or pirated movies. Or, you know, other consumer stuff
EU's top data cops to meet Google, Microsoft et al over 'right to be forgotten'
Plan to hammer out 'coherent' guidelines. Good luck chaps!
US judge: YES, cops or feds so can slurp an ENTIRE Gmail account
Crooks don't have folders labelled 'drug records', opines NY beak
Manic malware Mayhem spreads through Linux, FreeBSD web servers
And how Google could cripple infection rate in a second
FLAPE – the next BIG THING in storage
Find cold data with flash, transmit it from tape
Seagate chances ARM with NAS boxes for the SOHO crowd
There's an Atom-powered offering, too
prev story

Whitepapers

Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
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.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.
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.