CTX 'reshapes' in Europe

Monitor vendor reoganises its business as speculation mounts

Speculation is mounting with concerns growing over monitor vendor CTX.

Several VARs contacted CRN today to claim they were worried about stock levels and availability. Other partners told CRN they were being "cautious" about dealing with the company.

When CRN contacted CTX, Raj Mahendran, financial director at the vendor, said the company was going through some changes.

"There is a reshaping of the business going on in Europe. This has lead to some redundancies, although this is being handled by our headquarters and there have only been 2 redundancies."

Mahendran also denied that the firm was exiting the monitor market. "We are not pulling out of the market at all," he said.