Western Australia-based PC reseller, Abacus Computers and Technology, is believed to have closed its last store in the midst of a bitter legal dispute.
Abacus’ founder and former CEO, Glenn Ford, sold the company and its six stores in April 2007 to Abdus Salam Aziz of Sanguine Technology. Since then, the pair have been locked in an ongoing legal battle after Aziz accused Ford of misleading and deceptive behaviour.
Five of Abacus’ six locations have been closed over the past two years, and now customers and competitors claim its final location has been shut up. Calls to the Abacus head office were unanswered, its sales hotline has been disconnected, and the company’s website, www.abacuscomputers.com.au, has been pulled down.
According to reports in The West Australian newspaper earlier last year, the two parties have been fighting over allegations that Abacus’ operational figures were fudged. Aziz also claimed he was not notified of the end of Abacus’ key dealership agreement with vendor partner, HP, prior to the sale. As at July 1, the case remained open in the Federal Courts and had been adjourned, with judgment reserved.
It is understood Ford also runs a second operation, Abacus Calculators, which continues to trade.
According to one industry source, the Osbourne Park-based store was closed and the remaining location in the suburb of Cannington has been shut up for over a week with a signpost reading “closed for stocktake”.
Abacus Computers had been operating for 26 years.