Slideshow

In Pictures: Channel tragedies

<i>ARN</i> takes a look at channel companies that have met their end in recent years.

  • ARN takes a look at channel companies that have met their end in recent years.

    Protac
    The PC components distributor [[artnid:313867|went out of business last year|Bye Bye Protac]]. Despite its constant denial about its closure, the company’s official website is no longer operational and leads onto an overseas portal.
  • TLC IT Group
    The Melbourne-based IT reseller filed for liquidation on April 16 this year. Since then, it has left a trail of angry shareholders and suppliers the company owes money to. The creditors for TLC IT Group have been urged to launch a formal investigation over assets believed to have been moved out of the business prior to the liquidation.
  • TodayTech
    Creditors for the distribution company voted for it to be [[artnid:328051|liquidated on November 25, 2009]]. The writings were on the wall when TodayTech’s long-time vendor partner, [[artnid:310686|Intel, dropped the company|Intel drops TodayTech]] from its distribution line-up. TodayTech had been in Australia for almost two decades.
  • Infotronics
    The virtualisation solutions distributor called it quits in late 2009. Its key vendor partner, Kerio Technologies, threatened to take legal action against the distributor’s parent company S Central for siphoning funds out of Infotronics. The vendor also accused the directors of Infotronics had knowledge of insolvent trading. Ex-Infotronics manager launched a new distribution company, TrackITOnline, which now runs the old Infotronic’s website.
  • Leading Solution
    After going into voluntary administration in October 2009, the IT integrator has been [[artnid:335587|snapped up|Synergy finalises Leading Solutions deal]] by its ASX-listed competitor, Synergy. According to Leading’s administrator, the company’s total creditors debt exceeded $12 million at the time.
  • S Central After a proposed merger with ComputerCorp and Synergy Plus, the integrator appointed receivers in December 2009. The company was [[artnid:324548|purchased by Brennan IT|Brennan IT buys S Central.
  • Commander
    The ASX-listed integrator went into [[artnid:256295|receivership in August 2008|Commander goes under]]. It was crippled by debt and pressures from its creditors. Telecommunications player, M2, bought up Commander’s SMB business unit.
  • Phoenix Toner
    In October 2009, printing consumables [[artnid:324362|distributor closed down|Phoenix closes up shop]] days after it cut ties with tier-one vendor partner, HP. It had operated in Australia since 1984.
  • Comsys
    The managed services provider went into [[artnid:324424|voluntary liquidation in October 2009|Comsys liquidated]] after 10 years in the business.
  • Organiser World
    The Melbourne-based portable device reseller was put up for sale [[artnid:337350|one week after administrators were called in|Organiser World up for sale]] on February 17.
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