Winnersh, Berkshire-based Harris Adacom Ltd has been bought out by its three principal directors from its Israeli parent company, the Adacom group. Terms have not been disclosed but the buy-out has been privately financed by the directors Mike Baker, Rosemary Bensley and Martin Hoyle. Harris Adacom Ltd, a specialist in IBM networking systems, was one of the companies created last year by the division of Harris Adacom in the UK. The other company formed at that time was Harris Adacom Network Systems Ltd that earlier this month announced it had laid off nearly a quarter of its staff in an attempt to meet target revenue; it remains part of the Israeli group. The new company will be called HAL and plans to focus on the IBM Systems Network Architecture market linking desktops to mainframe. It starts live with UKP6m annual turnover and 24 employees and stays at Harris Adacom Ltd’s offices.
