Scansource close to securing buyer for hardware business

Nima Green
clock • 3 min read

Distributor expects the sale of $632m-reveneue unit to close in next quarter

ScanSource CFO Gerry Lyons has told investors that it is closing in on a buyer for its non-US hardware business, and that he expects the deal to close in its next quarter. CEO Mike Baur first to...

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
Atos Q1 revenues struggle after failed Tech Foundations sale

Reseller

Atos Q1 revenues struggle after failed Tech Foundations sale

The French reseller's revenues were dragged down by poor performance in the Americas

clock 26 April 2024 • 1 min read
TD SYNNEX forms industry community for AI

Distributor

TD SYNNEX forms industry community for AI

The group will focus on bringing together partners with complementary capabilities to advance the delivery of AI-driven solutions

clock 26 April 2024 • 2 min read
Microsoft earnings preview: 5 things to know

Vendor

Microsoft earnings preview: 5 things to know

AI, Azure and security are just some of the biggest topics expected to come up Thursday on the company’s third fiscal quarter earnings call

clock 26 April 2024 • 12 min read
Nima Green
Author spotlight

Nima Green

View profile
More from Nima Green

The SMAs and MTI - Meet the contenders

Helen Curtis: ROI is dead. Or it should be.

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

Get the newsletter

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets
Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn
Financial and Reporting

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits
Financial and Reporting

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
Doug Woodburn
clock 17 October 2022 • 1 min read