Articles about 2m

The Register breaking news

US military fails to go RFID tag-tastic

The US Department of Defence is failing to follow its own mandate for RFID implementation despite sinking $12.2 million into the project, according to a report from the Inspector General. The investigation found that of 327 shipments received and inspected, 220 fell within the RFID-tagging remit; but of those 220, 23 lacked a …
Bill Ray, 8 Oct 2008
The Register breaking news

Home Office bankrolls plastic plod 'documentaries'

Ofcom is probing Home Office sponsorship of an ITV "documentary" on police community support officers. The broadcasting regulator has yet to launch a formal investigation, sort of like the PCSOs themselves. The Home Office paid £800,000 to sponsor two series of Beat: Life on the Street about police community support officers …
John Oates, 4 Aug 2008
unhappy

Fayrewood ends takeover talks

Fayrewood has ended takeover talks with North Atlantic Value LLP which could have led to the company being bought. Distributor Fayrewood, which trades as Interface Solutions, had been in talks since November 2007. It is not the first time the company has been rebuffed by a suitor - previous takeover talks in 2005 were also …
John Oates, 8 May 2008
EU flag

RM Group spends £4m to get into Europe

Educational technology specialist RM Group has acquired DACTA, and with it a mainland European presence, for just shy of £4m. DACTA, which recorded an operating profit of £570k on revenues of £6.5m in its last financial year, manages a pan-European network of resellers of branded educational resources. It is also the exclusive …
Lucy Sherriff, 22 May 2007
globalisation

Horizon digests year of feasting

Horizon Technology Group has been showing off after a year of gorging on high-margin acquisitions. The firm's preliminary results for the year ended 31 December 2006 show a 29.8 per cent in profit after tax and a 49.8 per cent jump in revenue. It acquired three firms in the year - IP networking reseller Equip, Irish SAP …
Mark Ballard, 16 Mar 2007
channel

Phoenix makes tentative offer for ICM

Phoenix IT Group, a publicly-listed managed services company, has tabled a conditional offer to buy business continuity firm ICM Computer Group. The firms announced in January that they were chatting. Phoenix has put in an offer equating to 415 pence per share. At the time this article went to press, ICM last closed trading …
Mark Ballard, 16 Mar 2007
homeless man with sign

Compel sold to 2e2

Reseller 2e2 is paying £52.9m for all the shares of UK reseller and hire company Compel. Compel shareholders will get 149.3 pence per share. This price represents a 14 per cent premium on yesterday's close or a 59.5 per cent premium on its average closing price over the last year. The Compel board unanimously recommends the …
John Oates, 6 Mar 2007

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