ChannelWeb's top five most read
A rundown of the five most-read stories on ChannelWeb last week
1). Avnet to cut a further $40m in costs
The distributor is to target further savings after sales come in flat and profits fall in its third financial quarter
2). Outgoing Insight boss Fenton eyes apps and cloud for next role
EMEA leader to stay on to identify successor and expresses pride and gratitude after 11 years at VAR
3). Tech Data investors get lawyers to investigate execs
Law firm retained to probe whether distributor’s officers and directors ‘breached their fiduciary duties’ in light of accounting fiasco
4). Computerlinks handed big fine for Syria trade breach
Vendor Blue Coat expresses its support for punishment of distributor’s Middle East arm, reported to include $2.8m fine
5). Exclusive: Transputec boss praises staff and customers
Rickie Sehgal claims Mail on Sunday article accusing him of selling access to top Tory ministers, including David Cameron, was a ‘hatchet job’.