Feeds

Articles about Maxima

channel

Maxima brags of £6m deals to woo admirers

Managed services provider Maxima Holdings has flagged up to any potential buyers that it has bagged £6m worth of contract wins. The AIM-listed company erected a "For Sale" sign outside its London-based premises last year but talks with interested parties came to nothing, leading to a shakeup of senior management as M&A veteran …
Paul Kunert, 26 Apr 2012
channel

Maxima turns to M&A veteran after sale talks go stale

Maxima has hired buy-and-build specialist Ian Smith as a non-exec director in the wake of its failed attempt to sell the business. The London Stock Exchange listed managed services provider last week revealed that it had been unable to thrash out a deal with several interested suitors and that the offer period had lapsed. The …
Paul Kunert, 19 Sep 2011
chart

Maxima sale talks with 'interested parties' are over

Maxima has ended discussions with potential suitors over a sale of the business, the IT reseller and managed services outfit confirmed today. The IBM, Microsoft and Oracle house kickstarted a strategic review in April to explore options including bringing on board outside investment, and selling all or parts of the organisation …
Paul Kunert, 13 Sep 2011
channel

Better Capital's m-hance coughs £6.8m for Maxima units

Managed services provider Maxima has started to carve up non-core operations by offloading the Document Management, Intellect and Microsoft-reselling sub divisions to Better Capital-backed m-hance for £6.8m. Troubled UK-based Maxima's flirtations with admirers came to nothing, so bosses hired buy-and-build specialist Ian Smith …
Paul Kunert, 29 Feb 2012
Redstone

Redstone scourged clean of black ink by rough passage to service-land

The first set of prelims from managed infrastructure player Redstone are out and they tell the tale of a business that is making the not-so-simple transition from old world reselling to an age when tech is bought as a service. This migration was not without its challenges for senior management, who in April spun out the managed …
Paul Kunert, 11 Sep 2013

Cloudy firm Coms Plc coughs £9.5m for Redstone

The three-year restructuring at Redstone was effectively wrapped up today after management "conditionally" sold trading subsidiary Comunica for £9.5m in cash to LSE listed cloud-based telephony player Coms Plc. Under the terms of the deal, Coms will cough £7.65m on completion and a deferred consideration of £1.85m in the next 12 …
Paul Kunert, 05 Nov 2013
unhappy

Maxima shares slide on below-par expectations

Maxima Holdings yesterday saw its shares tumble by nearly 40 per cent after the managed IT services firm issued a profits warning about its forthcoming first half-year results. The Scottish company said in a trading update that results for H1 ended 30 November 2007 would be below expectations. It said that the termination of …
Kelly Fiveash, 29 Jan 2008

Redstone's chief bean counter resigns as biz slowly dismantles itself

Networks integrator Redstone has revealed that its chief bean counter, Peter Hallett, has resigned in the wake of the demerger with its managed services arm. Back in February, Redstone confirmed plans to spin off its network managed services biz into a newly incorporated firm, Redcentric, a process that completed in April with …
Paul Kunert, 28 Jun 2013

Redstone throws £9.9m at sickly managed services firm in all-share deal

Cloud and network integrator Redstone made a bid today for troubled managed services provider (MSP) Maxima, valuing the firm at £9.9m. The all-share deal between the AIM-listed firms equates to a 38 per cent premium on Maxima's market cap. Including the MSP's net debt of £3.9m at the end of May 2012, the acquisition represents …
Paul Kunert, 17 Sep 2012

Redcentric set to swallow InTechnology MS - sources

A For Sale sign has been pitched outside the HQ of UK firm InTechnology Managed Services for months and it seems CEO Peter Wilkinson is just days away from announcing a buyer. According to our sources, managed services outfit Redcentric has struck a deal with the Harrogate-based public company, whose shares are available to buy …
Paul Kunert, 17 Nov 2013
globalisation

Maxima buys Ringwood

Maxima Holdings, the Scottish software services company, is buying Ringwood for £2.9m, of which £2.2m is cash and the rest is new shares. Ringwood is based in Aylesbury and supplies content management and document archiving software to big organisations. It claims 200 clients and turned over £3.2m for the year to 31 March, 2005 …
Team Register, 11 Aug 2005
chart

Reseller loses veteran chairman and CEO in shake-up

Managed services and software reselling outfit Maxima has raised £2m through a rights issue to fund future development and as a precursor to offloading business units that are deemed "non-core" over the coming months. The LSE-listed firm hired M&A veteran Ian Smith last month after talks with interested buyers that began in …
Paul Kunert, 19 Oct 2011
Redstone

Project delays slam Redstone sales, profits fly as costs fall

The much-used phrase that revenue is vanity and profit is sanity is applicable to Redstone's half year numbers - the P&L was back in the black - helped by cost-cutting - but the top line was hammered. The managed services player has been in turnaround mode for the past couple of years since serial biz fixer-upper gurus Tony …
Paul Kunert, 11 Dec 2012
slice of pizza

Redcentric wolfs down InTechnology MS, becomes swing-bellied midmarket fatso

Redcentric has devoured InTechnology Managed Services in a reverse takeover* valued at £65m that creates a relative midmarket channel powerhouse. Under the terms of the deal, first revealed by The Channel this weekend, 80 million shares priced at 80 pence each will be placed with institutional investors to raise £64m and the …
Paul Kunert, 18 Nov 2013
The Register breaking news

Watch quantum entanglement – IN REAL TIME

It doesn't actually demonstrate any new properties of entanglement, but it's cool anyhow: a group of Austrian physicists have produced a video showing entanglement in real time. Yep, what Einstein called “spooky action at a distance” is now on YouTube (below). It took a fair amount of work for the scientists from the University …
channel_teaser_money_top

Claranet gulps down rival STH in managed services merge

British managed services player Claranet has hoovered up rival STH Ltd and its subsidiary, Star Technology, in a deal it says values the acquired firm at £55m. The fragmented mid-market MSP space is ripe for consolidation with numerous deals done this year including Redstone's acquisition of Maxima. And it's a space that many of …
Paul Kunert, 23 Nov 2012
Shiri

Boffins crack on with ultimate roboass

Japanese scientists have cracked one of robotics' untouched areas: they have unveiled a mechanical bum that not only look realistic - apparently - but tense, twitch and respond to touch in the same way a real rear would. Shiri Arse technica The Shiri - which means buttocks in Japanese - "represents emotions with visual and …
Caleb Cox, 10 May 2012
Advertising Standards Authority

Ads watchdog bites Virgin Media over 'con' claims

The Advertising Standards Authority (ASA) has upheld eight out of eight complaints brought by BT and Sky against rival service provider Virgin Media's 'Stop the Broadband Con' ad campaign. Virgin's plan was to highlight that ISPs don't deliver the broadband speeds they claim to offer, a result of the infamous 'up to' caveat …
Tony Smith, 29 Jun 2011
The Register breaking news

Down under climate messages get more strident

Australia’s government has warned that rising global temperatures already represent a health risk – one that’s going to get worse as the country records more heatwave days. Saying that “climate change must be considered a health priority”, the federal government’s Climate Commission believes the increase in hot days over the …
The Register breaking news

Skype to test advertising

If you’re one of the millions of people who have learned to love unreliable service and uncertain call quality, Skype has good news: its intention to introduce advertisements to inflate its value ahead of the IPO won't change a thing. Announcing its advertising plans, the "hugely popular free Internet communications service" [ …
The Register breaking news

NASA: 2012 solar flares could DEVASTATE CITIES!

In an attempt to defuse internet hysteria regarding the purported end of the world next year as the Mayan calendar long-count completes, NASA has stated that next year's solar maximum will see solar flares which are "a problem the same way hurricanes are a problem". That's a very big problem, then. As the US National Oceanic and …
Lewis Page, 12 Nov 2011
The Register breaking news

‘We save trips to the library’ – Google

Sure, a data centre is a power hog. Sure, Google has more data centres than everybody else. Courtesy of a new interview, we now know just how much electricity is consumed by the Chocolate Factory: 260 megawatt hours in 2010. That’s what Google has said to the New York Times and, given that electricity would be one of the ad-farm …
Virgin

Virgin to offer 100Mb/s broadband by year's end

Virgin Media is to offer 100Mb/s broadband by the end of 2010. The 100Mb/s service will allow users to download a music album in as little as five seconds, an hour long TV show in 31 seconds and an HD movie in seven minutes 25 seconds, the cableco claimed. Virgin currently offers three broadband packages: 10Mb/s, 20Mb/s and …
Tony Smith, 25 Feb 2010
The Register breaking news

Netgear launches next-gen powerline Ethernet kit

Netgear has announced what may well be the world's first consumer networking products based on the as-yet-unratified IEEE P1910 next-gen powerline Ethernet standard. Netgear's Powerline AV 500 series comprises single-adaptor and two-adaptor starter kits. Each adaptor delivers speeds of up to 500Mb/s, Netgear said, fed through a …
Tony Smith, 03 Sep 2010
The Register breaking news

UK fines for IP infringement to rocket

The British government plans a tenfold increase in the penalties for criminal breaches of intellectual property law. Infringement of IP laws will be punishable by fines of up to £50,000 rather than the current £5,000, according to Government plans. The measures, though, do not involve increasing the possible jail sentences for …
OUT-LAW.COM, 05 May 2009
Signal_SM

O2 claims win in UK mobile broadband speed test

A survey of UK mobile broadband speeds commissioned by O2 gives the carrier the thumbs up for network performance. The "comprehensive" survey was carried out for O2 by Siroda, a radio engineering, measurement and benchmarking consultancy that's been doing the sort of thing for 20-odd years. And both firms insisted the data had …
Tony Smith, 22 Feb 2010
channel

Market float for reseller consolidator

Maxima Holdings has taken over SAP reseller Azur for £16.7m. The firm intends to fund the takeover by floating on the Alternative Investment Market (AIM) later this month. Maxima is a new venture set up by Kelvin Harrison and Geoff Bicknell. The firm is looking for more acquisition targets among UK reseller and service …
John Oates, 11 Oct 2004

Linksys side-steps Wi-Fi limits with powerline kit

Linksys today gave tacit support to the notion that wireless networking has its limits by introducing a mains power networking adaptor based on the HomePlug AV standard. Linksys PowerLine AV mains Ethernet adaptor The adaptor, the PLE200 PowerLine AV, plugs into a power socket and quickly connects to other such devices …
Tony Smith, 15 Mar 2007
image courtesy NASA

Solar flares ate my GPS

Did you get lost while out driving in December? If you did, blame the solar flare that zapped signals sent out by the GPS satellite network to keep travellers travelling in the right direction. According to researchers at New York's Cornell University, two major solar flares observed on 5 and 6 December emitted blasts of radio …
Tony Smith, 05 Apr 2007
Huawei E5

Huawei E5 Wi-Fi/3G modem

Huawei's E5 is one of a growing line of compact, standalone HSDPA 3G modems that double-up as impromptu Wi-Fi hotspots. You may have heard of it as 3's MiFi. Rather than hook the E5 up to a single device - your laptop, typically - the built-in access point means you can share its 3G link among all your gadgets: phones, tablets …
Tony Smith, 04 Feb 2010

Sony ships first EV-DO Rev A equipped laptop

Sony has begun pitching the first EV-DO Revision A-enabled notebook to Sprint customers, touting the machine's readiness for the carrier's soon-to-be-upgraded PowerVision network. The Vaio VGN-TXN10 sports a carbon-fibre chassis into which Sony has fitted an 11.1in XBrite display, an ultra-low voltage Core Solo single-core …
Tony Smith, 26 Sep 2006

Sierra ships Sprint's EV-DO Rev A mobile data card

Sierra Wireless has begun shipping its AirCard 595 3G mobile broadband card based on EV-DO Revision A technology, the firm announced today. Cards coming off the company's production lines are being boxed up and sent to Sprint. The 595 is a Type II PC Card that can deliver data download speeds of up to 3.1Mbps and uploads of up …
Tony Smith, 18 Sep 2006
The Register breaking news

Public sector faces hefty fines for data breaches

UK state-sector organisations could face seven-figure fines for data breaches, according to the review of data sharing ordered by the prime minister. In a wide-ranging report, which also recommends the scrapping of the edited electoral roll, information commissioner Richard Thomas and Mark Walport, director of medical charity …
Kablenet, 11 Jul 2008
The Register breaking news

Hackers crash online regal Dutch chat

An online chat with the heir to the Dutch throne was abandoned after hackers launched a denial of service attack. The interactive event was expected to attract a few thousand people at most, but received three billion hits as soon as Crown Prince Willem-Alexander and fiancee Maxima Zorreguieta went online. PC screens froze and …
John Leyden, 24 Jan 2002
The Register breaking news

Cloudy outlook for climate models

Climate models appear to be missing an atmospheric ingredient, a new study suggests. December's issue of the International Journal of Climatology from the Royal Meteorlogical Society contains a study of computer models used in climate forecasting. The study is by joint authors Douglass, Christy, Pearson, and Singer - of whom …
Anton Wylie, 27 Dec 2007

Asus Eee PC 900 Linux Edition

It's not even a year since Asus first demo'd the machine that would become the Eee PC 701 - aka the Eee PC 4G - and here we are reviewing the second version, the 900. The 701 was first shown in June 2007 and was launched the following October. It quickly won plaudits for its compact, highly portable size and its low cost. We …
Tony Smith, 25 Apr 2008
The Register breaking news

V-TEC V-Drive Flash Pen

How to prevent the loss of a valuable USB Flash drive? That's a question that taxes many a user of these devices. Conveniently portable, they're equally easy to lose or forget. The best solution we've seen is Memix's Memory Watch, which cleverly fits drive and USB connector into a wristwatch and strap, and it's certainly …
Tony Smith, 07 Apr 2004
The Register breaking news

World wakes up to true speed of WiFi

The Register's Wireless LAN Channel Last week, at the WLAN Event in London, chip maker Intersil demonstrated - live - a mixed mode WiFi service, running at full speed. That is, the 802.11b (legacy) system runs at around 3-5 megabits per second, while the just-approved 802.11g circuits are running around 15 to 20 megabits. The …
Guy Kewney, 27 May 2003