Stone wins Rock bidding war

Public sector specialist bolsters notebook portfolio with purchase of struggling system builder

Written by Doug Woodburn

Public sector IT supplier Stone Group has emerged as the new owner of Rock after winning the bidding war for the struggling system builder.

Stone will pay an undisclosed sum the trade and assets of the Warwick-based notebook specialist, which went into administration two weeks ago (CRN Online, 9 May).

David Langton, joint administrator at accountancy firm Deloitte & Touche, confirmed last week to CRN that there were several interested parties in the firm.

Rock’s former chief executive Nick Boardman will join Stone as director of its mobile technology division.

Stone said the acquisition would enable it to offer a wider range of specialist high-end notebooks to its public sector customers and pledged to fully back the Rock brand going forward.

James Bird, chief executive of Stone, said: “This acquisition is great news for Stone and for our customers, because we can now offer a much wider portfolio of laptops.
“By acquiring Rock Computers, Stone has the opportunity to leverage our existing IT manufacturing skills and support resources to develop more specialist Notebook products to meet the demands of some specific verticals in our public sector customer base.”

reader comments

related articles

Company Failures

Buyers line up bids for fallen Rock

The sale of Rock could be just days from completion, with several suitors poised to submit their bids for the fallen system builder as CRN went to press 19 May 2008

 

Rock enters administration

PC builder ceases trading on 8 May as administrators try to sell the business as a going concern 09 May 2008

Stone Group picks up pieces of stricken Rock

Education specialist targets more acquisitions after taking on Rock’s range of notebooks 23 May 2008

Stone grabs Rock, stock and barrel

Existing warranties of Rock customers will be honoured by new owners Rock Group 21 May 2008

Buyers line up bids for fallen Rock

The sale of Rock could be just days from completion, with several suitors poised to submit their bids for the fallen system builder as CRN went to press 19 May 2008

latest news

Red Hat a good fit for Qumranet

Open source behemoth opens up Windows opportunities with acquisition of virtualisation specialist 05 Sep 2008

Infor praises partners

Software vendor outlines its channel vision at second annual EMEA partner summit in Marbella 05 Sep 2008

Version One and Accurate launch university push

Software vendors link arms to create integrated document and financial management offering for universities 05 Sep 2008

Most commented stories

poll

Stormy times ahead for PBX?

Stormy times ahead for PBX?

Will the credit crunch affect PBX takeup?

Previous poll results

In The Studio With CRN: Josh Claman, Dell

In an editorial coup for CRN, Josh Claman, vice president of EMEA channels at Dell, talks to CRN TV about the vendor's channel plans

CRN Fight Night bouts are LIVE!

ALL the bouts from CRN's first ever white collar boxing event at The Brewery in Chiswell Street, are now online in their full glory for CRN readers to watch.

events

CRN Golf Challenge 2008

CRN Channel Golf Challenge 2008

CRN's annual golfing day will this year be held on 16 September at a championship course in East Sussex

CRN Reseller Leadership Forum logo

CRN Reseller Leadership Forum

An exclusive channel conference from CRN, to be held over one action-packed day in September 2008

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Advertisement

White papers

Search white papers

Top categories