News Syria

Avnet strengthens down under
2010-09-02
Australia : American multispecialist Avnet has entered into a definitive agreement to acquire all of the outstanding shares of VAD itX Group Limited (itX), in an all cash merger valued at €52.5m. The acquisition is subject to the approval of itX's shareholders, Australian court approval and other customary conditions for a transaction of this type. itX distributes software, hardware and services from the world's leading suppliers including Oracle, IBM, HP, VMware, Apple, Citrix, Red Hat, and Trend Micro. In addition, itX includes Briell Marketing, a distributor of specialized printers and media for personal identification and security cards, medical and photographic imaging; Sydmed, a distributor of medical devices; and ICO, which provides IT hosting solutions. With approximately 150 employees, itX has offices in Sydney, Melbourne, Brisbane, Perth, Canberra and Adelaide. For fiscal year ended June 30, 2009, itX generated revenue of approximately €100m.

Rebranded SDG plans acquisitions
2010-08-27
United Kingdom : value-added broadliner SCH has united its distribution brands (ETC, Interchange, Interface Solutions and IQ Sys) under the SDG banner, in a move it claims will allow it to retain its specialist edge following its acquisition spree. SDG head Paul Eccleston also said the distributor, in order to keep a chance to survive on the long term, given the grip the major American distributors (Ingram, Tech Data, Avnet and Arrow) exert in Europe (source : Computer Reseller News United Kingdom).

Logicom to distribute Hitachi hard drives
2010-08-25
Logicom has moved to expand its storage portfolio by signing a distribution agreement with Hitachi Global Storage Technologies for Bulgaria, Cyprus, Greece, Hungary, Italy, Poland, Romania, the Middle East (through Logicom offices in Dubai, Jordan, Lebanon and Saudi Arabia) and Turkey. The partnership - which comes less than a year after Logicom split from Seagate - will see the distributor offer Hitachi GST's hard disk drives and external storage products to channel customers around the region (source : ITP Middle East).

Trinity targets channel expansion
2010-08-24
Middle East : PC components and peripheral specialist Trinity Middle East has appointed Anwar Al Atyani as its new sales and marketing director for the region. His main objective is to help Trinity expand its business in the MEA region by identifying new channels and enlarging its sub-distribution network. He will also explore new vendor opportunities (source : ITP Middle East).

IDS closes its doors
2010-08-20
Luxembourg-based IDS Distribution, which had offices in Austria, Bulgaria, Germany, Spain and the Netherlands and covered the whole EMEA region, has silently closed its doors. THe company reached in a few years a high turnover (around €200m) before getting bankrupt. There is currently no official sign anywhere of any fraudulent bankruptcy.