Scansource close to securing buyer for hardware business

Nima Green
clock • 3 min read

Distributor expects the sale of $632m-reveneue unit to close in next quarter

ScanSource CFO Gerry Lyons has told investors that it is closing in on a buyer for its non-US hardware business, and that he expects the deal to close in its next quarter. CEO Mike Baur first to...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
TD SYNNEX unveils tech centre of excellence to fuel partner growth in AI

Distributor

New resource hub aims to help partners embrace the rapid development of AI

clock 17 May 2024 • 1 min read
Westcon expands Palo Alto partnership to new European markets

Vendor

The distie will now be able to offer Palo Alto solutions to partners across Finland and the Baltics

clock 16 May 2024 • 1 min read
Cisco: Q3 revenue down 13 per cent in line with expectations, exec shuffle puts former Splunk CEO in president role

Vendor

Jeff Sharritts is departing the networking giant after more than 20 years, meanwhile some of Splunk’s benefits to Cisco are coming through in the quarterly revenue numbers

clock 16 May 2024 • 4 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
clock 17 October 2022 • 1 min read