The UK arm of this Cisco, HPE and IBM partner saw losses widen to £7.6m in its year ending 28 February 2017 as it continued to reel from the loss of a key, seven-year Welsh public sector deal. Although revenues are also on the slide, plunging from £204m in 2014 to their current level, the directors said they remain "optimistic about future prospects" as they detailed plans to restructure the firm. Part of South African IT group Datatec, Logicalis turned over $1.6bn globally last year.
Big Blue has sold off swathes of its software assets to Indian giant HCL
'I've never seen the industry move so fast' - reseller bosses come together to discuss change and innovation
14 top reseller bosses come together at CRN A-list dinner to discuss where they are placing their bets for the year ahead
This year saw a veritable M&A frenzy with some notable resellers getting scooped up
Top execs from the likes of Insight, Softcat and Daisy came together last night to talk about industry change. View all the photos here