Feeds

Is computer biz Viglen about to GET FIRED? Lord Sugar's firm in rumoured sell-off

Sources say once-mighty PC builder headed to Westcoast Holdings

Reducing security risks from open source software

Lord Sugar is close to selling education tech supplier Viglen to Westcoast Holdings, folk in Blighty's system builder community are telling us – a claim that has been flatly denied by the named buyer.

The word on the street is that Hertfordshire-based Viglen has been in talks with the group, which also houses distributor Westcoast Ltd and – more pertinently – government-focused reseller XMA.

The nuts and bolts of the deal have been thrashed out, claimed one source, saying: "it is effectively a done deal," adding that both firms were "dotting the Is and crossing the Ts".

We are told staff at Viglen, which was established in 1975, became aware of sales rumours during the summer when it is understood that at least one system builder took a look.

Hirsute walnut Sugar's company Amstrad acquired Viglen in 1994 but Sugar stepped down as chairman in 2009. Claude Littner, one of Sugar's generals on Beeb show The Apprentice was brought in as director to boost results.

In the last filed numbers for fiscal 2012 ended September, Viglen made £2.1m net profit on sales of £66.2m - both were up year-on-year.

Viglen sells its own brand of desktops, servers, storage to all levels of education, healthcare, emergency services and corporate punters. It has also developed education specific software and services.

In Q2 this year, Viglen sold 21,800 desktops, according to GfK data.

Its ultimate parent company is Amprop London Ltd, which also houses Xenon Network Services, Vigecom and Amscreen Europe.

As for Westcoast Holdings boss Joe Hemani, the deal would bolster the education and public sector focused operations of XMA, headquartered in Nottingham.

XMA was not immune to the government's austerity measures in 2011 but staged something of a sales recovery in 2012 with turnover up 5.1 per cent to £122m. Operating profit dipped 18 per cent to £2.5m. Distie arm Westcoast grew to £960m from £826m and banked a banked a net profit of £5.5m from £4.5m.

Westcoast Holdings director Duncan Forsyth dismissed suggestions that an acquisition is to take place.

Viglen did not respond to calls for comment. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
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.