Credit and Finance
Four key takeaways from Tech Data's Q2 results
The distributor's shares fell 19 per cent last night following the release of its Q2 results. We've pored over the numbers to round up what you need to know
UKFast CEO Lawrence Jones says door is open to Datacentred staff
Tech entrepreneur rules out rescue of fellow Mancunian cloud services provider, which hit the buffers earlier this week, but says he would take on impacted staff tomorrow if they needed a home
Open Stack cloud provider DataCentred hits the wall
15 staff kept on as buyer sought for Media City-based cloud services provider
CSI says several suitors were circling ahead of MML deal
£50m-revenue IBM and SAP partner says its managed services transition has made it an attractive target as it takes on more investment
Eddie Pacey's credit casebook
The former distribution credit boss explains how resellers can often avoid formal insolvency proceedings if they communicate with their distribution partners
Computacenter CEO reveals why he is mulling an 'eight-figure' US acquisition
'I'd be a liar if I said we're not investigating anything', Mike Norris tells CRN
A time of reflection
Credit management veteran Eddie Pacey predicts that the current IT distribution model is unlikely to exist in 15 years' time
Exertis spurs on SMB resellers with credit line doubling
Up to 1,600 SMB resellers will see their credit line doubled
Asset-based finance reaches record high in UK
UK companies look for alternative to traditional funding methods as Brexit uncertainty continues
OISG heading for liquidatation after creditors meeting
Owner says he is glad some former staff have found a new home at Fortem Information Technology
Former high-flying reseller OISG calls in liquidators
£20m HP and Hitachi reseller sets date for creditors' meeting
Hardware trader ICP goes bust after HPE spat
Trader which lost £1.95m High Court showdown with HPE last summer has gone into administration
Capita's £325m Co-op Bank IT transformation scrapped
Public dispute resolved but IT transformation shelved as contract cut short by five years
Cyber insurance will not steal IT channel business, claims CFC Underwriting
CFC Underwriting claims the channel is wrong to expect cyber insurance growth to affect business
Hard Brexit would cause insolvency pile-up, insolvency bods warn
Firms that have gone under since 23 June already commonly blaming the 'B' word, research by trade body R3 finds
Asset-based lending hits record high in Q3
Amount of alternative finance on offer to UK businesses stands at £4.3bn as Brexit uncertainty continues
Fledgling VAR on the up despite distie credit woes
Green Cloud IT doubles sales and hopes to land in CRN Top VARs in the future
Logicalis looking to grow use of financing 'exponentially'
Logicalis Financial Services aiming to work alongside vendor captives such as Cisco Capital as it unveils three senior appointments
Channel bosses make bet on ticket exchange website
ANS and Elite Telecom founders are bankrolling website that lets people sell spare tickets
Domino effect: Fifth of bankruptcies caused by customer or supplier collapse
Research finds that six per cent of UK companies were creditors in insolvency cases last year
VC behind Rubrik's $61m funding round compares it to Sun Microsystems
Data management start-up will have equivalent industry impact to 1990s server giant, according to new VC backer Khosla Ventures
NG Bailey IT Services bets on smart buildings as sales plateau
Cisco Gold partner reveals it has won £50m deal with Fujitsu as annual sales pull up short of previous year's tally
Administrator's Report: 49 prospective buyers initially tempted by Outsourcery
But list was whittled down to just two when unified communications firm went into administration owing more than £7m to range of creditors
Dell unveils hybrid cloud finance package
Dell Cloud Flex Pay allows customers to trial hybrid cloud technology for six months at discount price
