View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 2, 1989


By CBR Staff Writer

Feeling a little anxious about the future of the London systems and software house Gordon & Gotch Computer Centre Ltd, its management has bought the business from its immediate past owner, Rupert Murdoch’s News Corp, for an undisclosed sum. Gotch’s three operating directors, with the help of six senior managers, put up the money themselves in an effort to rescue the company from neglect rather than from the more usual fears associated with Murdoch-ownership (unclad lovelies on the software manual pages that other companies simply stamp This page deliberately left blank). Apparently Gotch was being swallowed up in an ever-increasing chain of acquisitions which began with the Herald & Weekly Times buying Gotch in 1985 as part of a package, which was then itself bought by News Corp. A holding company was formed last year to buy the business from News Corp, and the managers have now bought Gordon & Gotch from this holding company. The company, based in London EC is primarily in systems and software for the financial, publishing and payroll markets, but also provides computer services on a Unisys A5 mainframe and is a reseller of the A-series machines. Turnover is running at about UKP4.5m a year. Why did Rupert Murdoch sell? He probably wasn’t aware he owned us, says Gotch.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.