suedunnell wrote: Hi Again - I should add my name to comment #1 above and ask that if anyone has questions, they can either post them here or ask me directly:
Sue Dunnell
PowerBuilder Product Manager
978 287 1752
sue.dunnell@sybase.com
The Corum Group is proud to announce the closing of the sale of its
client, Crane Telecommunications Group Limited, a leading United
Kingdom-based value added distributor of voice, data and converged
communications solutions, to Datatec Limited on behalf of its subsidiary,
Westcon.
Crane, backed by private equity investment group APAX, with over 250
resellers in the UK, Ireland, Benelux and France, has established
partnerships with many market-leading vendors including Avaya, Nortel,
Alcatel, BT Network Services and Samsung. Crane achieved a turnover of pounds
sterling 74 million in 2006.
Westcon Group, Inc. is a multi-national specialty distributor of
networking, security and communications equipment for leading technology
vendors, including Cisco Systems, Inc., Nortel Networks Corporation and
Avaya, Inc. Westcon Group has particular expertise in the convergence of
voice, data and video applications and technologies, including VoIP, security
for networking and communications systems, remote access, Internet and
e-business, virtual private networks, videoconferencing and wireless
connectivity.
David George, Executive Chairman of Crane Group, said: "Westcon Group and
Crane share a heritage in delivering converged voice and data solutions for
well over a decade. This acquisition enables our customers to increase their
success by leveraging Westcon's complementary technologies and programme
infrastructure."
Miro Parizek, Managing Director of Corum Group International added: "This
acquisition is an example of a European distributor building upon its
strengths to better serve its customers and vendors." As stated in the press
release announcing the signing of the transaction in April, "Westcon Group
will add considerable strength to its European convergence practice by
enhancing its relationships with Avaya, Nortel and Alcatel, while gaining new
vendor relationships with companies including Samsung and BT Network
Services."
About The Corum Group:
The Corum Group is the premier provider of M&A services to software and
information technology companies worldwide. With eleven offices globally,
Corum has completed over euro 5 billion in transactions in 15 countries
during its over 20 year history, and publishes the software industry's most
widely distributed M&A research. Corum is built and staffed by highly
experienced former CEOs, who are supported by the industry's leading
researchers, writers and valuators. The company has spent more than euro 20
million to build the world's largest database of technology companies
worldwide (with over 70,000 contacts) to help ensure unparalleled success in
client engagements. For more information please visit www.corumgroup.com.