TelcoNews Asia - Telecommunications news for ICT decision-makers

Bankruptcy stories

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One in 10 retail tech businesses in UK up for sale
Wed, 13th Dec 2023
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market
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study
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hospitality
Study reveals that 1 in 10 retail tech businesses in UK is currently up for sale, marking a high among sectors.
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Singapore's DCRU eyes Japanese market amid asset performance boost efforts
Fri, 3rd Nov 2023
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digital realty
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singapore
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mitsubishi corporation
Singapore's DCRU has targeted Japan expansion as it shores up assets via various agreements, including property sales.
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DDN steps in at final hour to salvage Tintri trainwreck
Wed, 11th Jul 2018
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data centre operators
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ddn
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m&a
On its day of admitting bankruptcy, Tintri can now be brought back from the brink after Data Direct Networks made a bid for acquisition.
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Avaya bankruptcy filing: What does it mean for ANZ?
Fri, 20th Jan 2017
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avaya
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business
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software
While news on the future of Avaya has triggered speculation on the direction of the company, Avaya Australia & NZ assures it is business as usual.
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Spark calls in receivers for Mako Networks
Tue, 25th Aug 2015
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physical security
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intellectual property
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mako networks
Mako Networks in liquidation, Spark steps in as secured creditor to appoint receivers, thwarting the tech firm's financial tailspin.
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Blue Chip's Bryers banned from managing NZ firms for 7 more years, bankruptcy lifted
Fri, 6th Mar 2015
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management
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business
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blue chip
Former Blue Chip boss Mark Bryers has been discharged from his five-and-a-half year bankruptcy, though he's banned from acting as a manager or directo.
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Westcon’s fighting talk
Tue, 1st Sep 2009
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cloud services
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partner programmes
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blue coat
Distributor Westcon Group came to New Zealand three years ago somewhat by stealth.