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RM chief exec Sweeney steps down

RM chief Terry Sweeney is stepping down amid a company-wide restructure after 13 years of service at the education supplier. The LSE-listed firm is flogging parts of the operation, with the trade and assets of US arm Computrac – a classroom products biz – to be offloaded to Troxell Communications for £3m. The remaining software …
Paul Kunert, 25 Oct 2011

RM boss says school's out forever

RM yesterday announced that its head teacher honcho has resigned after more than 25 years with the computer supplier. The firm, which specialises in software, services and systems for the UK education market, said that chief executive Tim Pearson will step down from his role to be replaced by current group managing director …
Kelly Fiveash, 10 Jun 2008
globalisation

RM buddies up with Tesco on new voucher scheme

UK schools computer supplier RM has bagged a partnership deal with Tesco for the retail giant’s forthcoming voucher collection scheme which kicks off in 2009. Tesco has merged into one catalogue its two voucher schemes - Computers for Schools and Sport for Schools and Clubs - that were previously supported by RM. Under the new …
Kelly Fiveash, 22 Jul 2008
thumbs up teaser 75

RM satisfied by performance

RM PLC has said it is on course to hit its trading expectation for the six month financial period ending 31 March. The UK-based firm, which provides educational products to schools, universities and colleges, said "it is not yet clear" what the suspension of the BBC's free online education service, BBC Jam, will mean for the …
Kelly Fiveash, 27 Mar 2007
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
homeless man with sign

RM to push new HP sub-laptop to schools

RM has been signed up as HP’s only UK distie for its 2133 Mini-Note laptop intended for the education market. The firm said that it has tied up an “exclusive partnership” to supply schools and colleges across Blighty with HP's dinky new sub-notebook. The computer giant launched the machine, which rivals the Asus Eee PC, earlier …
Kelly Fiveash, 10 Apr 2008
Happy

RM ties up IT school deal with Newham council

RM Plc has bagged a contract to supply computing and IT services to the London Borough of Newham. The deal, estimated to be worth about £53m over an 11 year period, is RM’s third government contract win this year for the Building Schools for the Future (BSF) programme. Under the new agreement, the firm will provide the services …
Kelly Fiveash, 11 Apr 2008
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Steady as she goes at RM

First half trading for RM was satisfactory, the education IT specialist said today. In a trading statement, the UK company said it was on course to hit full-year targets. RM CEO Tim Pearson said: "As is always the case for RM, first-half outcome is not a good indicator for the year as a whole; nonetheless, performance so far …
John Oates, 28 Mar 2006
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RM: nothing to see here

Education IT supplier RM has told an enthralled stock market it expects to meet expectations this year. The bumper summer buying season for schools went well, it seems. Revenue should be similar to 2005's £268m. RM CEO Tim Pearson said: "At the beginning of the year we reported that we'd put in place a plan to respond to tough …
For Sale sign detail

RM wins £6.4m contract

RM has won a £6.4m contract from Solihull Council to provide the authority's schools with ICT services. The deal is part of the borough's Building Schools for the Future (BSF) programme. As well as providing services to existing schools, RM will be involved in designing and developing ICT for planned education investment. RM …
hands waving dollar bills in the air

RM buys into Oz

RM has bought Australian education management firm CAZ Software. The buy-out is expected to run to £1.2m, with CAZ becoming part of RM's Asia-Pacific tentacle, headquartered in Perth. CAZ turned over £1.8m last year, with a profit of £200,000. It makes and sells a product range called Maze and has an existing customer base of 2 …
fingers pointing at man

RM named preferred bidder

RM has been selected to implement and manage a new ICT service for 16 secondary schools and eight primary schools in Stoke-on-Trent, which will serve up to 14,000 pupils. Stoke-on-Trent City Council invited RM to become preferred bidder for its Building Schools for the Future (BSF) contract on 7 September 2006, subject to …
Kelly Fiveash, 18 Sep 2006
globalisation

RM ups profits on flat revenues

Schools provider RM posted flat turnover but a ten per cent increase in profits for the year ended 30 September 2005. The prelimary results reveal turnover for the period was £263m, the same as last year, but profits were up 11 per cent to £12.8m, from £11.6m in 2004. Profit before tax but after goodwill payments was £5.5m, …
John Oates, 21 Nov 2005
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RM buys catalogue firm

Schools specialist RM is splashing out £11m on Teaching Technology Systems Group. TTS Group sells teaching aids to nursery, primary and secondary schools. It carries twelve catalogues focused on different curriculums and sells more than 4,000 different items. Under the mostly cash deal, RM will take on £0.8m of TTS debt. Tim …
John Oates, 13 Sep 2004
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RM buys into music

Education IT supplier RM Plc has bought a musical instrument supplier through a subsidiary. TTS Group Ltd, RM's arm that sells bits and bobs for classrooms, acquired Music Education Supplies for £1m. Most of the business of both TTS and its new acquisition goes to primary and nursery schools. RM has been merging its software …
Mark Ballard, 10 Aug 2006
The Register breaking news

Primary schools pump up RM profits

RM (Research Machines), Britain's top IT reseller to the education sector, saw soaring spending by primary schools boost interim sales by 41 per cent. The Oxfordshire-based company recorded £71.1 million turnover for the six months ended 31 March 1999, against £50.5 million for the same period in 1998. Pre-tax profit was up to £ …
Linda Harrison, 17 May 1999
The Register breaking news

RM posts record profit

Schools provider RM, previously Research Machines, has posted a record profit for the first six months ended 31 March 2004. RM made a profit before tax and amortisation of £2.7m, reversing a £0.8m loss for the same period last year. The company turned over £108.9m, up 28 per cent on last year. But the company warned that the …
John Oates, 26 May 2004
The Register breaking news

ISPA knocks UK e-commerce bill

The government's attempt to introduce e-commerce legislation has been branded as "overly complicated" by industry leaders in the UK. The Internet Services Providers Association (ISPA) -- the UK trade organisation for ISPs -- said too much emphasis was placed on policing the Net and not enough was being spent on e-commerce itself …
Tim Richardson, 04 Aug 1999
The Register breaking news

UK Internet awards results

Dixon's Freeserve and the Great Stan of Software have taken top honours at the Internet Service Providers Association's (ISPA) first ever Internet Industry Awards. In a glittering ceremony in the heart of London's West End, crowds flocked to watch the leading players of the UK Net industry converge on the Cafe Royal in …
Tim Richardson, 25 Feb 1999
The Register breaking news

Going ULL for leather

As far as acronyms go ULL might not appear to be all that dynamic at first glance, but it's been heralded as the most important issue facing the industry today. Unbundling the local loop (ULL) would allow telecomms providers to offer a wide range of services to homes and businesses using the existing copper phone infrastructure …
Tim Richardson, 29 Jun 1999
The Register breaking news

ISPs lash out at BT

Britain's ISPs have slammed BT for misleading the public about its plans to cut the cost of dial-up Net access. In a statement issued through their trade association, ISPA, ISPs said BT's new Internet tariffs are "not a good deal for consumers or for the Internet industry in the UK". ISP's also hit out at the monster telco for …
Tim Richardson, 12 Nov 1999
The Register breaking news

RIP Bill needs ‘a very big knife taking to it’

The Government was today accused of damaging Britain's reputation overseas through its determination to gain snooping powers over the Net. Speaking at a briefing on the Regulation of Investigatory Powers (RIP) Bill in London, Richard Clayton - an "Internet Expert" and employee of ISP Thus - warned that almost everyone in the …
Linda Harrison, 22 Jun 2000