Cantono eyes further divestment

Sam Trendall
clock • 1 min read

IT firm slams Xploite for "unpaid consideration" and announces planned sale of datacentre arm

Open to offers: Cantono is looking to sell to "maximise shareholder value" After selling four managed services units to Xploite, London-based IT firm Cantono is set to continue breaking up its bu...

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
Gartner: 'The talent problem is unsolvable'

Reseller

Analyst John-David Lovelock claims the skills shortage will continue for another five years as firms should turn to managed services

clock 23 January 2024 • 2 min read
Logicalis unveils updated Digital Fabric Platform as it pursues growth in managed services, security

Reseller

New platform release comes amid wider push across security and services

clock 10 January 2024 • 1 min read
SysGroup H1: Managed services up while VAR sales plummet almost 40 per cent

Reseller

The mid-market MSP saw managed services go from strength to strength while its VAR revenues continue to shrink year-on-year

clock 27 November 2023 • 2 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