RedstoneConnect set to flog MSP and SI arms to focus on software development

Tom Wright
clock • 2 min read

Firm to offload managed services and systems integration capabilities, which make up around 89 per cent of its total revenue

RedstoneConnect is set to sell its managed services and system integration divisions for £21.6m to focus solely on its software development arm. In a notice to the London Stock Exchange this mor...

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

Finance and M&A

Irish firm Kedington joins ExcelRedstone to create 'market-leading company'

clock 04 January 2019 • 2 min read

Finance and M&A

This year saw a veritable M&A frenzy with some notable resellers getting scooped up

clock 07 December 2018 • 15 min read

Reseller

M&A activity among the UK's biggest VARs has halved compared with 2017

clock 16 August 2018 • 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 Reseller

CTS vet Chris Bunch takes top job at AWS consultancy D55

CTS vet Chris Bunch takes top job at AWS consultancy D55

"Culturally it feels like the kind of fast, flexible and fun place I like," Bunch said on LinkedIn

clock 26 March 2024 • 1 min read
Sapphire launches AI-powered third-party risk management service

Sapphire launches AI-powered third-party risk management service

Cybersecurity MSP partners with Swiss startup Agnostic Intelligence for supply chain assurance

Andrea Gaini
clock 26 March 2024 • 2 min read
These are the fastest growing firms in 2024's Top VARs and MSPs

These are the fastest growing firms in 2024's Top VARs and MSPs

From upstarts like FluidOne, to established players like Bell Integration, see who managed to beat the market in 2023

clock 26 March 2024 • 4 min read