Articles about Tech Data

Tech Data: We need ethics, and we've found the right man

It comes to something when a corporation is forced to appoint a chief ethics and compliance officer but that is exactly what distributor Tech Data has done, weeks after completing its costly accounting investigation. Fourteen-year company veteran Jean-Paul Durand – who most recently served as TD's vice president, assistant …
Paul Kunert, 18 Feb 2014
james_rigby_md_sch2

Rigby dynasty to retain control at SCC - 'no IPO for us'

SCC CEO James Rigby plans to pass the privately owned biz to the next generation of the clan rather than co-crafting a retirement plan with his brother based on a flotation or trade sale. The Rigby dynasty's Midlands empire, which includes service-based reseller SCC at its heart, sold distie wing SDG to Tech Data in 2012 for $ …
Paul Kunert, 18 Feb 2014
Suitcase bulging with cash

Tech Data execs: Nooooo... It's the INCREDIBLE SHRINKING payslip

It's tough at the top. Just ask senior execs at distie titan Tech Data, who took home a smaller pay packet in fiscal '13 as sales and profits slipped. But don't feel too sorry: CEO Bob Dutkovsky made $4.2m in total comps for the financial year ended 31 January, down 2.5 per cent from $4.31m in the previous 12 months. His base …
Paul Kunert, 07 Feb 2014

Tech Data: UK accounting errors cost us $27m

Tech Data (TD) has turned to "external experts" to beef up fraud detection measures after it emerged that righting accounting wrongs at its UK sub had wiped $27m (£16.55m) off net profits for the last three years. The restatement equates to three per cent of income made during fiscal '11, '12 and '13, the periods that forensic …
Paul Kunert, 05 Feb 2014

Tech Data to close lid on accounting nightmare TOMORROW

Tech Data is about to wake up from the restatement nightmare that has troubled senior execs for nearly 11 months when it reports delayed fiscal '13 numbers tomorrow. The world's second largest tech wholesaler revealed in March that it discovered errors in vendor accounting which could wipe up to $33m off its bottom line for …
Paul Kunert, 04 Feb 2014
Microsoft campus

Former Tech Data bod to head up Microsoft's UK sales division

Microsoft have promoted a channel veteran with 24 years' experience to a top job within the sales team. Linda Rendleman will join the small, mid-market solutions and partner group leadership team as director for partner business & development at Microsoft UK. She replaces Janet Gibbons, who has moved to corporate accounts as …
Team Register, 18 Dec 2013
management analysis3

Tech Data granted one more stay of execution by NASDAQ

The NASDAQ Panel has granted Tech Data a final extension until the end of March to get its accounts up-to-date or face an embarrassing and costly de-listing. The tanker-sized wholesaler confirmed this in a brief filing today that it had until the 27th of that month to report restated results for each quarter in fiscal '14 …
Paul Kunert, 09 Dec 2013
chain_relationship_channel

Distie: Build the cloud and resellers will come... so WHERE ARE THEY?

Disties have built cloudy aggregation platforms for channel types under the assumption they would come… but they are still waiting for mass adoption. It would seem that reseller solutions provider reseller demand for brokerage services, such as the one that Arrow ECS launched 18 months ago has been a little underwhelming. …
Paul Kunert, 04 Dec 2013

Tech Data goes for big gun credit man amid accounts probe

Tech Data UK has opted for a big hitter to head up its credit function amid the continued probe into accounting irregularities. Blighty's largest distributor has hauled in former Sun Microsystems global credit manager Kevin Corcoran as director of credit services and after sales management. The second element to the title is …
Paul Kunert, 27 Nov 2013
Back of iPhone 5

SIM-free unlocked iPhones coming to a channel near you...

The faint hopes of some Apple resellers were smashed AGAIN this weekend when Ingram Micro became the second tech distributor in a month to confirm it will sell SIM-lock-free Jesus mobes ... in Europe but not the UK. Following in the shadows of nemesis Tech Data, vast wholesaler Ingram Micro confirmed it is shipping the iPhone …
Paul Kunert, 25 Nov 2013

Apple: SCREW YOU, BRITS ... no unlocked iPhones for you

A bit of Apple gold dust is set to bring some bling to the technology distribution channel after Tech Data confirmed it will trial the sale of SIM-lock-free iPhones to dealers in Europe – but not in good old Blighty, it seems. Yes, you read that correctly, people, the post-Jobsian empire continues to snub IT resellers …
Paul Kunert, 01 Nov 2013
Drowning sailor

Microsoft dumps two distributors overboard in Blighty cull

Microsoft has confirmed that it is to part ways with two distributors in the UK next year, following an intensive review of its contracts. The lucky pair are Avnet Technology Solutions and VIP Computers, both of which had been expected to leave the stables when Microsoft put the contracts out to tender last month in a Request …
Paul Kunert, 30 Oct 2013

Distributing Microsoft gear in UK? You might not be for much longer

Microsoft has put out to tender its UK distribution contracts in a bid to ascertain if those already on board can be trusted to take the new services and device mantra to market. Seven UK wholesalers were forced to submit responses to an "enormous" Request For Proposal by 10 October and will be sitting on their hands for a …
Paul Kunert, 21 Oct 2013
management social5

Tech Data names CE director after divisional shake-up

Distie goliath Tech Data (TD) UK has handed company veteran Mark Glasspool the directorship of its consumer electronics division following a summer shake-up. Glasspool will retain his role as director of strategic opportunities at TD, which he has held since May '12, and oversee the ten-strong CE team. In a canned statement, …
Paul Kunert, 16 Oct 2013
Microsoft Surface tablets

Microsoft sold out of Surface tablets in the UK... YEP, all 2,000 units

Microsoft may have sold out of Surface devices, but if the experiences of the UK channel are a measure for the rest of Europe, that's not saying a lot. Sources tell us that fewer than 2,000 units landed at the shores of Blighty since Redmond cleared the way for a select band of nine resellers to start peddling its wares from …
Paul Kunert, 10 Oct 2013
Tech Data

Tech Data: Computer 2000 brand taken out back and shot...today

The Computer 2000 brand is to be retired from today as the UK arm of Tech Data adopts its parent's name tag. The timing is interesting, given that C2000 – or the company formerly known as C2000 – is the subject of an ongoing investigation into vendor accounting improprieties. In a letter sent to vendor customers, seen by El …
Paul Kunert, 07 Oct 2013

Blundering Tech Data faces NASDAQ boot over Computer 2000 accounts

Tech Data is facing a delisting from the NASDAQ unless it can bring its financial house in order, the distributor has confirmed. The world's second largest tech wholesaler had until 26 September to file its fiscal 2013 Form 10-K - an annual report required by the SEC - and numbers for first half of this current financial year …
Paul Kunert, 04 Oct 2013
box_shifting_channel

Arrow's Computerlinks gobble - a vendor's perspective

One of the channel's worst kept secrets was finally outed last month as US behemoth Arrow Electronics agreed to snap up Munich-headquartered VAD Computerlinks for a cool €230m. In many ways it was a canny bit of business for Arrow and should give it access to some high-end customers, but the deal raises more questions than it …
Tim Ayling, 27 Sep 2013
Tech Data

IT distie Tech Data must end accounts-unbungling probe within a fortnight

NASDAQ-listed Tech Data has less than a fortnight to get its accounts in order and financial filings up to date, the distributor acknowledged last night. The Florida-based broadline IT distribution giant discovered whopping great errors in its finance records at UK subsidiary C2000 back in March, which were related to blunders …
Paul Kunert, 13 Sep 2013
Microsoft Surface tablets

Microsoft: That $900m Surface write-down is smarting

Microsoft will today kick-start commercial channel sales of the little loved Surface RT and Pro, as our sources predicted, but the move is being pushed through ten months later than it should have been. Redmond has already paid the price for its stubbornness: selling the device direct and latterly through a handful of …
Paul Kunert, 15 Aug 2013

Another IBMer rolls into distribution

Arrow ECS has lured veteran IBM man Ian Jeffs to run its Big Blue franchise in the UK, say our chatty sources. This follows the exit of previous incumbent Allister Richardson who, according to his LinkedIn and Google + account, has since become EMEA boss at iSys Capital Technologies. Jeffs will use his near 20 years …
Paul Kunert, 12 Aug 2013

Microsoft preps UK Surface Pro 'pilot', tiptoes around Win 8 OEM rivals

Microsoft is still minding its Ps and Qs with OEMs competitors pals as it prepares to run a pilot for Surface Pro distribution in the UK. As revealed by us last week, Microsoft is talking to five resellers in Blighty - Insight, Kelway, Misco, SCC and Computacenter - about taking the slab to business customers. It also planning …
Paul Kunert, 09 Jul 2013

Surface Pro for enterprise: We name the dates and the lucky partners

The clock is ticking for Microsoft to get its house in order before Surface Pro launches in the UK business distribution channel in the middle of next month, say our people on the inside. As revealed by El Chan this week, five resellers are talking to Microsoft execs in Redmond about stocking the slab: Misco, Insight, Kelway, …
Paul Kunert, 02 Jul 2013

Big Blue man Hansford to straddle saddle of Azlan's UK horse

Computer 2000 is preparing to usher on board IBM old hand Gareth Hansford to take control of its enterprise tech wing Azlan, say sources. The position was vacated by previous incumbent Colin McGregor in March last year and handed to Nigel Dunn, but sources told us Dunn has resigned and is working his notice period. IBM …
Paul Kunert, 02 Jul 2013

Microsoft 'in talks' to recruit UK partners for Surface Pro biz sales

Secret squirrel conversations are taking place between Microsoft and five B2B resellers over flogging Surface Pro to corporate customers, The Channel can reveal. Up to now Microsoft has sold Surface Pro only via its webshop direct and through a few select UK retailers including PC World and John Lewis. The device launched in …
Paul Kunert, 01 Jul 2013
sir_peter_rigby_big_channel

One airport not enough for SCC kingpin Sir Peter Rigby

Sir Peter Rigby, chairman of tech reseller giant SCC, has chosen to invest some cash made from the sale of his IT wholesaling arm into a controlling stake in Exeter International Airport (EIA). Moving into the aviation industry is not a new direction for Sir Peter, as his holding company, the Rigby Group, already owns Coventry …
Paul Kunert, 26 Jun 2013
management governance3

Clock ticking for IT distie Tech Data to end accounts probe

IT channel biz Tech Data has until September to get its house in order - because that's when it must file all its delayed financial reports to regain compliance with NASDAQ rules. The world's second largest tech distributor missed the deadline for filing its Q1 2013 results this month, some 45 days after the end of the quarter …
Paul Kunert, 20 Jun 2013

We'll miss SEC financials deadline, says accounts-blundering Tech Data

Tech Data has warned it will fail to report its fiscal first-quarter financial numbers to the US Securities and Exchange Commission on time due to a continuing investigation into its accounting errors. The channel biz has 45 days from the end of April to file the paperwork, but says it will sail through that deadline. The …
Paul Kunert, 11 Jun 2013

Ingram Micro wields axe in management rejig

Ingram Micro has parted with Jon Bunyard, the director of its Advanced Solutions Division (ASD) in a management rejig. Channel veteran Bunyard ran Computacenter's distribution (CCD) wing and transferred with the business when it was acquired by Ingram in 2009, and later rebranded as Ingram Micro Value. The unit underwent …
Paul Kunert, 04 Jun 2013
channel_teaser_exit

Tech Data suspends four amid accountancy probe

Four middle managers in the finance function at Computer 2000 have been suspended as the distributor continues to investigate improprieties into vendor accounting errors. Back in March Tech Data, parent of UK arm C2000, revealed it would restate results for fiscal 2011, '12 and some or all of '13 that could wipe out between $ …
Paul Kunert, 17 May 2013
Azlan

Azlan enters EMC channel in stealth mode

Azlan wants to slip quietly into EMC's partner base without making any waves for existing distributors, well almost. This may be music to the ears of EMC's distie pals at Arrow and Avnet who were privately concerned a price led strategy from Azlan would trash their margins, something they've complained about in past situations …
Paul Kunert, 14 May 2013
euros_channel_money

Micro P parent does it AGAIN, kicks recession in nackers

DCC Sercom, parent of Brit IT distie Micro P and games console wholesaler Gem, has again laughed in the face of a flatlining local economy. Turnover in the tech division of Irish conglomerate DCC grew 17.9 per cent to €2.27bn (£1.92bn) for the year ended 31 March 2013, and a whopping 16.8 per cent of this was organic. The …
Paul Kunert, 14 May 2013

Arrow tightens belt yet another notch, vows to shed $75m in costs in 2013

The powers that be at Arrow have found another $35m worth of savings to lop off this year as it tries to match costs with the market realities. One of the big four global wholesalers - Ingram Micro, Tech Data and Avnet Inc constitute the others - Arrow reported a one per cent decline in calendar Q1 sales to $4.85bn. Flat is …
Paul Kunert, 02 May 2013
channel_teaser_exit

Tech Data Mobile UK boss Michel resigns after 18 months

Tech Data Mobile veep Jim Michel has resigned for "personal reasons" but says he is staying on board for a couple of months during the handover period. The former head of LG's mobile biz in the UK and Ireland is to be replaced by Stephen Nolan, the EMEA head of vendors at the distie. "We are going through a handover period …
Paul Kunert, 12 Apr 2013
Azlan

TD Azlan set to rock up at EMC, murmur sources

EMC is to sign up TD Azlan as its third UK distie with a specific focus on the small biz space, The Channel can reveal. Distribution has been a tinker-free zone for EMC since it hauled in Arrow at the start of 2010: but with a raft of SME tech in the pipeline the vendor undertook a review of its roster. Sources close to the …
Paul Kunert, 25 Mar 2013
Red pen

Ex-state attorney general probes Tech Data CEO's sale of $2m shares

A firm of legal eagles is investigating whether distie giant Tech Data violated state or federal laws by making accounting errors that will wipe millions off its bottom line from recent years. Kahn Swick & Foti (KSF) is also probing CEO Bob Dutkvsky's offloading of $2m in his firm's shares earlier this month The US logistics …
Paul Kunert, 22 Mar 2013

Tech distie Tech Data tears up last THREE years of profit numbers

IT distribution giant Tech Data has ripped up its financial results for the last three years after discovering errors in its UK subsidiary's accounts. The company revealed this morning it will recalculate the figures and publish new reports as a result of uncovering mistakes in "vendor accounting" by its Brit biz Computer 2000 …
Paul Kunert, 22 Mar 2013
Tech Data

Tech Data pops champers, aims to rinse nasty FY '13 aftertaste

The CEO of Tech Data won't be sad to kiss goodbye to a "challenging" fiscal 2013 disrupted by falling enterprise kit sales, an SAP upgrade and a shift in the way it reports services turnover. The broadline behemoth today reported a four per cent fall in revenues for the year ended 31 January to $25.3bn - down ten per cent in …
Paul Kunert, 04 Mar 2013
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox pumps up channel for InfiniBand, Ethernet pushes

Switch and server adapter maker Mellanox Technologies gave Wall Street a bit of a shock with some cable issues and a big revenue shortfall in its most recent quarter and a projected one for the current quarter after one of its OEM customers bought more product in the latter part of 2012 than they could sell even into the first …
IBM logo

IBM to pump Power Systems through Tech Data, Ingram Micro

Big Blue is boosting the size of the Stateside distribution channel that sells its Power Systems servers and enterprise storage by inking master distributor agreements with Ingram Micro and Tech Data. With the new deal, IBM is hoping to boost its profile among small and midrange businesses in particular, a growing market which …
IBM logo

IBM Euro channel bigwig made Tech Data account daddy

A senior management reshuffle at IBM has seen European channel partner boss David Cornick take up a newly created global role within Big Blue as managing executive for distributor Tech Data. As a result, David Kay, formerly sales veep at IBM UK and was effectively second in command for the operation, has replaced Cornick as …
Paul Kunert, 09 Jan 2013

2012 in the channel: The year we sold EVERYTHING as a service

Few people would argue that this year has been one of very big highs and lows. From a personal perspective, 2012 will be remembered for the Olympics and Ryder Cup (great), weather (expletive deleted!) and the continued challenges of the economy, especially in the Eurozone. It’s been pretty interesting in the IT space too. We' …
Mike Rodwell, 17 Dec 2012
Tech Data

Tech Data's Q3 profits dive by more than a fifth

The wheels on distribution juggernaut Tech Data (TD) are continuing to slow with sales and operating profits sliding in Q3. For the three months ended 31 October, turnover fell eight per cent to $6bn from $6.59bn a year earlier but operating profits dived more than 22 per cent to $69.5m. The distie, which recently closed the …
Paul Kunert, 20 Nov 2012
Suitcase bulging with cash

Big Blue hands bulging $4bn suitcase to partners to grease IT sales

In the hope of pumping up sales of hardware, software, and services over the next 12 months, IBM is taking $4bn of its own cash and giving it to its Global Financing arm to originate leases over the next year. Big Blue is hoping to clear the way for enterprises of all sizes to get financing, when the banks might be a little …
grab_that_cash

Credit insurance: The hidden data-driven force which killed Comet

A quick look at what happened to high street electronics retailer Comet when its credit insurers slammed their wallets shut should be enough to get any IT business interested in cash-flow, insurance and credit lines. But while credit and cash-flow are often seen as stale subjects, they can be the lifeblood of business - almost …
Eddie Pacey, 16 Nov 2012
james_rigby_md_sch2

SCC bulging with cash, plans acquisition spree

SCC chief exec James Rigby has talked up a "programme of investment" for his company as it waves goodbye to its wholesale arm, Specialist Distribution Group, that was sold to Tech Data for £220m. The deal, announced in the summer, received the all clear from the European Commission's competition watchdog after it decided there …
Paul Kunert, 02 Nov 2012
European Union Flag

EC watchdogs clear Tech Data gobble of SDG

Tech Data's acquisition of Specialist Distribution Group (SDG) has been given the green light from competition regulators in the European Commission. As is customary with takeovers of large firms, the bureaucrats on the mainland wanted to consider the implications of the $350m (£217.4m) deal. "The Commission concluded that …
Paul Kunert, 26 Oct 2012
Suitcase bulging with cash

Distie consolidation: Someone everyone's gonna get hurt

When you look at the latest spate of acquisitions by broadline distributors, it's hard not to visualise an alcoholic who, concerned that he's facing a period of drought and associated health issues, decides the best way to deal with them is to have another drink. The pace of acquisitions by major distributors like Arrow, Tech …
Eddie Pacey, 19 Oct 2012
thumbs_up_alternative

'Apps are replacing people everywhere', says Canalys chief

Channel Forums Forget the recession - the reseller channel is in rude heath and there are a raft of biz opportunities coming into sharp focus, according to the chief at bean counter Canalys. At Canalys' Channel Forum 2012, CEO Steve Brazier said times were tough in the first half of this year, but distributors and the top 12 vendors - …
Paul Kunert, 09 Oct 2012
sir_peter_rigby_big_channel

SCH Group prepares for life after distribution

Channel giant Specialist Computer Holdings (SCH) has released a financial statement for fiscal 2012 showing double-digit gains in turnover and operating profits for the year ended 30 March. This is the last set of full year results the group, which houses reseller-cum-integrator SCC and wholesaling biz Specialist Distribution …
Paul Kunert, 03 Oct 2012