The Channel logo

back to article Northgate Managed Services boss to exit

Northgate Managed Services (NMS) is parting with long serving UK boss Andy Ross, sources have claimed. His exit follows the unsuccessful efforts to find a buyer for the business, as revealed last September, with company insiders saying the asking price was simply too high. The firm was hawked about by investment banker …

COMMENTS

This topic is closed for new posts.
FAIL

History Repeats Itself

In a previous incarnation as MDIS, they floated on the stock exchange at an inflated price of around £2-40 if I remember rightly.

When the shares sank to around 30 - 40p, they stopped trading on the stock exchange.

Had to laugh, even though I did lose a bit on my employee-purchased shares. Motorola must have been well pissed off at the time, as MDIS paid a huge bill in shares!!!

0
0
Bronze badge
Megaphone

Walking dead?

Is this one of those 'Zombie' companies people talk about?

0
0
This topic is closed for new posts.

Forums

Opinion

Alexandre Mesguich

Change is order of day as tech giants shift strategy gears
Partnership

Frank Jennings

Confused? No problem, we have 5, no 6, no 7... lots of standards

Chris Mellor

VC sequence could end not with a bang, but a whimper
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

Features

money trap conceptual illustration
Big boys snare the unwary with too-good-to-be-true deals
Angus Highland cow
Pet carriers not wanted for whitebox stampede
FBcoldstoragearray
Sorry OpenStack and Open Compute, we're not all Facebook
Gary Kovacs, CEO of AVG. Pic: World Economic Forum
Scammy download sites? Government snooping? Run of the mill for Gary Kovacs