View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
January 25, 1987

UNIVERSAL COMPUTERS BUYS NEXEL FOR UKP1.3m

By CBR Staff Writer

The last vestige of the UK National Enterprise Board’s ill-conceived and ill-fated Nexos attempt to create an office automation giant from nothing has disappeared with the acquisition of Nexel Ltd by Pick-popper Universal Computers Ltd of Rotherhithe, London. UCL is paying UKP1.3m for the Thame, Oxfordshire office systems third party maintenance company, about 5% of the consideration in UCL shares, the balance in cash. Nexel more than doubles UCL’s size, creating a group with almost UKP12m turnover and 247 employees, against the UKP6.25m and 115 staff that make up UCL’s business with Ultimate, Tandem, Altos and IBM Personals under Pick – and diversifies it into Unix support.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. 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.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU