Allasso sale goes ahead

Shareholders approve acquisition by InTechnology

Shareholders have approved the sale of Allasso to InTechnology. At last week's annual meeting in Munich, more than 95 per cent of shareholders in Allasso's parent company, Articon-Integralis, approved the deal.

The completion date is expected to be 31 July. The new company will reach more than 7,500 resellers across Europe.

Bernie Dodwell, marketing director at the new company, said the merger will not lead to major restructuring. "There will be changes as systems are integrated but nothing major," he said.

Allasso and InTechnology will keep their respective brands but will "harness their joint customer opportunities", he added.

Charles Cameron, chief executive of InTechnology, said: "The acquisition enables our storage proposition to be launched into mainland Europe."

Dave Ball, indirect marketing manager at InTechnology partner Computer Associates (CA), said CA may look at expanding their relationship.

"We already have a number of European distributors but we will have to talk about the terms and conditions of our contract with InTechnology.

"As a proposition to customers, the combination of storage and security is attractive," he said.