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Articles about Kevin Loosemore

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SUSE Linux owner Attachmate gobbled by Micro Focus for $2.3bn

Attachmate, the software shop that headhunted Novell and SUSE Linux, is itself being bought out by Micro Focus International. The mainframe and COBOL specialist is acquiring Attachmate Group from its parent company Wizard in a deal calculated at $2.3bn before costs. Micro Focus is taking Attachmate Group in exchange for 86.60 …
Gavin Clarke, 16 Sep 2014
Morse

Morse loses CEO, warns on revenues

Morse said goodbye to CEO Kevin Alcock today as it unveiled a trading update which said full year revenues will come in below last year's. The IT services vendor said that it had experienced “some deterioration in short term services in the final quarter of the year as clients have reduced discretionary spend”. While first half …
Joe Fay, 08 Jul 2008
Morse

Morse detects cost savings - takes £4.5m charge

UK reseller Morse will take a one-off charge of up to £4.5m to slash costs this year, it told the stock market today. Executive chairman Kevin Loosemore said further details of the cuts, which will begin immediately, will be revealed with the firm's preliminary results on 9 September. The cuts follow the departure of CEO Kevin …
fingers pointing at man

Morse taps new boss, new structure

Morse has appointed a new chief exec as it continues to restructure the business. The firm sold off its Jersey-based investment consultancy yesterday which leaves it with four independent business units - infrastructure services and technology units in the UK, Spain and Ireland and a business applications business. The heads of …
John Oates, 11 Feb 2009
Morse

Morse suffers blip amid economic turbulence

The economic downturn has hit Morse Plc with a vengeance, the service provider's full year figures show today. In what the firm admitted was a “disappointing year”, revenues slipped 1.25 per cent to £253.3m in the year ending June 30. However, after last year’s pre-tax profit of £3.8m, the firm sank to a £2.3m loss in the latest …
Joe Fay, 09 Sep 2008
Morse

Morse shrugs off market uncertainty

IT services group Morse said it was unflustered by the turmoil rocking the financial markets as it unveiled its interim results today. The firm, which has recently been shedding its non-services businesses, turned in consolidated revenues of £123.8m for the period ending December 31, compared to £132.2m a year ago. Pre-tax …
Joe Fay, 13 Feb 2008