KCOM has been delisted from the London Stock Exchange after completing its £627 million acquisition.
The outfit has been the the target of a bidding war over recent weeks, with MEIF 6 Fibre – a subsidiary of investment firm Macquarie – winning.
The winning bid was over £100 million more than the offer first made by Humber Bidco, a subsidiary of the Universities Superannuation Scheme.
Ultima Business Solutions has sold a majority of its share capital to financial house Apse Capital in a move to will spark internal investment and potential acquisitions
The deal will see founder Max McNeill become a significant minority shareholder and is the first time in the outfit’s 30-year history that it has called on outside cash.
Sparta Global has signed the Ministry of Defence’s Armed Forces Corporate Covenant to introduce digital skills training to the ex-Armed Forces community.
The Armed Forces Corporate Covenant enables businesses and charities to voluntarily pledge and outline publicly how they are willing to commit to the Armed Forces community.
Those who serve in the Armed Forces – whether Regular or Reserve – those who have served in the past, and their families, should face no disadvantage compared to other citizens in the provision of public and commercial services.
Ingram Micro has expanded its US AWS partnership to resellers in the UK and Ireland.
Ingram has been offering Amazon Web Services on its Cloud Marketplace in the US for seven years but the distributor recently extended the countries it delivers AWS to include Canada, the Middle East and Spain.
It is part of Ingram’s cunning plan to get its partners to flog Infrastructure as a Service.
UK businesses are risking becoming victim to data breaches by failing to take the most basic of cybersecurity precautions, new research has revealed.
A survey of 1,253 UK workers in full or part-time employment, carried out by technology services provider, Probrand.co.uk, has revealed that investing in new and expensive technology, while not considering the most basic of security steps, is potentially widening companies’ vulnerabilities to cyber-attacks, which cost UK businesses millions annually.
added up some numbers and divided by ther collective shoe size and decided that the infrastructure as a service (IaaS) market grew by 31.3 per cent in 2018.
This figure has risen from $24.7 billion in 2017 to $32.4 billion.
Amazon continued to lead from the front last year, retaining its status as the number one vendor in the IaaS market, followed by Microsoft, Alibaba, Google and IBM.
Leeds-based re-commerce start-up, Vintage Cash Cow, has appointed Huboo to sort out its distribution.
Vintage Cash Cow has gone from hundreds of customers a month to several thousand within the space of a year and, despite a bespoke CRM system, found success does come with challenges.
Floor space and employee capacity were the main pinch points. Couple that with the infrequency of courier collections and Vintage Cash Cow was fast approaching being unable to fulfil at the speed and reliability they felt was important.
ContactEngine has named James Walker as its new Chief Customer Officer (CCO) to lead the end-to-end commercial and service relationship for ContactEngine’s new and existing customers across EMEA (Europe, the Middle East and Africa).
Before joining ContactEngine, Walker worked in various executive leadership roles, including as Director of Strategic Clients and Director of Business Customer Services at Openreach, and Client General Manager at BT Global Services.
Networking giant Cisco has spruced up its channel digital marketing programme.
The vendor said that the customer buying process is increasingly going digital with two-thirds of B2B transactions starting online with users 60 per cent towards deciding before they even speak to a channel salesperson.
In an announcement, Cisco said that to make it easier for channel partners to increase their digital marketing skills, the vendor is launching a Marketing Velocity programme.
V1 has released a new version of its Robotic Process Automation (RPA) software to support technology giant and partner Sage in its plans to become a cloud-centric company.
The Invoice Automation solution, which Sage’s reseller community is already offering to its customers, includes enhanced cloud capabilities to ensure close integration with Sage X3. Key functional aspects to V1’s upgrade include a more straightforward and more responsive and modern interface to enhance the customer experience further, supporting Sage and its resellers’ intentions to help organisations make the most of the cloud.
Vodafone today announced that Kathy Quashie had joined the company as Head of Partnerships & Alliances. She will provide support to Vodafone’s partners.
She will help flog its mobile, fixed, converged and Internet of Things (IoT) solutions to businesses of all sizes across the UK.
Quashie is looking to recruit new partners. Kathy joins from BT where she led the Major Business Team for nearly four years.
Cloudy software provider and Vlocity has teamed up with UK communications and IT services outfit KCOM.
They have signed an agreement to leverage the Vlocity Communications Cloud to boost digital transformation initiatives across its sales, marketing, and customer care organisations.
KCOM connects businesses and residential In Hull and East Yorkshire and has 140,000 consumers and businesses in the region. It was recently named Best Consumer Internet Service Provider at the 2019 Internet Service Providers Association (ISPA) Awards.
Google, Amazon, Facebook and Apple will face regulation in ten main areas over the coming years, with data privacy representing the main focus, warned GlobalData.
GlobalData’s latest report: ‘Data privacy – Thematic research’ states that Big Tech companies have persistently evaded any form of accountability for data breaches, election manipulation, obstruction of justice, promotion of terrorist material, fake news, and online abuse perpetrated through their own internet platforms.
Amazon’s cloudy business seems to have skipped a beat as the outfit fell short of what the cocaine nose jobs of Wall Street predicted.
The retail giant’s net sales increased 20 percent year on year to $63.4 billion for the three months ending 30 June 2019.
The revenue figure beat market expectations, but its growth figure fell short of what analysts had predicted.
Amazon Web Services (AWS), its cloud business, generated revenue of $8.3 billion in the quarter, up 37per cent on the same period last year, but falling slightly short of analyst expectations.
Chipzilla has told the world+dog that it is easing some of the problems that have plagued the supply of CPUs over the last year by stepping up production.
The PC market has struggled with shortages at a time when the commercial segment has been growing with many customers taking measures to migrate away from Windows 7 before support ends in January .
Intel’s CEO Bob Swan said that the supply issues were easing and PC demand continued to improve, particularly in the commercial segment.
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