Industry News

Telenor relies on Nordic market

Telenor Group's Q4 saw reported revenues of NOK 28bn (€3.3bn), showing organic revenue growth of 1%. EBITDA before other items was NOK 8.99bn (€1.1bn) and the EBITDA margin was 32.6%.

Claranet buys Portuguese managed hosting business

Claranet is buying Portuguese managed hosting and applications provider Echiron, as part of its continued expansion into Europe. It says this makes it the largest cloud services provider to the mid-market in the region.

MTI adds AX accessories

Ukrainian distributor of notebooks, PC components and computer devices has announced it has expanded its offering with new products from InnoVISION Multimedia Limited.

Ex-CEO at NTT joins Kobil Systems

Kobil Systems, a Germany-based specialist in IT security, has announced that Thomas Balgheim, previous CEO at NTT Data EMEA, has accepted a new role to join Kobil’s Advisory Board.

Webhelp buys Dutch company

The Webhelp Group, operator of contact centres across Europe, has expressed its interest in buying a Dutch customer experience management firm SNT.

Misys buys eastern European banking specialist

Financial software company Misys has bought eastern European IND Group, a specialist in digital channels, based in Hungary. It adds consumer-oriented solutions to Misys' core banking capabilities.

Avnet TS names new Benelux head

Avnet Technology Solutions has named Marc van Ierland as country manager for Belgium, the Netherlands and Luxembourg (Benelux), effective immediately.

European IT & Software Excellence Awards finalists

The finalists for the European IT & Software Excellence Awards 2014 - the leading pan-European awards for ISVs, Solution Providers and Systems Integrators and their vendor and distributor partners.

ALSO hits target early

Distributor ALSO says it has hit its target of €50m profit earlier than planned. In the 2013 financial year Europe's third largest distributor made a net profit of €50.1m, exceeding the previous year by 10.1%.