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RM cuts loose Easytrace, flogs AMI biz as top boss legs it

Education technology provider RM has cut loose its loss-making access control and cashless catering system wing of its AMI business, known as Easytrace. The company confirmed the disposal in a trading statement to the City this morning. However, it will retain the school network management part of the AMI business - dubbed …
Team Register, 20 Jan 2012
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RM flogging or axing units in painful shake-up

Education supplier RM - faced with no uplift in market conditions on the horizon - is laying off staff, and flogging or shuttering some of its loss-making subsidiaries. The move plunged its share price by nearly a quarter. The LSE-listed firm today revealed it will axe more than one-fifth of the workforce as it restructures its …
Paul Kunert, 29 Sep 2011
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RM gets fingers into school biometrics market

RM has grown another tentacle with the acquisition of education technology supplier Orchard Partners Ltd. The firm, which trades as EasyTrace, has been bought by RM for a total consideration of up to £2.8m. UK schools computer supplier RM will initially pay £1m in cash and £1.3m in loan notes redeemable after more than two …
Kelly Fiveash, 31 Jul 2008