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Esys boss’ assets frozen

Middle and Far East : The Singapore High Court has frozen the assets of Indian entrepreneur Vikas Goel, under an ongoing legal dispute between his company, eSys Technologies, and disk-drive manufacturer giant Seagate Technology. According to court documents, the court approved last November a Mareva injunction application by Seagate Singapore to prohibit Mr Goel from disposing his assets in Singapore. The Mareva injunction is a court order that freezes assets so that a defendant cannot transfer his assets beyond the jurisdiction of a court until the outcome of a lawsuit is decided. Esys lawyers declained to comment. Seagate Singapore International Headquarters is suing eSys for more than EUR3.2 million ; in addition, Seagate and affiliates are suing Mr Goel, who is the personal guarantor for eSys’ debts, for about EUR46 million, according to documents filed three years ago. Seagate subsequently filed an additional claim of about EUR58 million for sales incentives previously given to eSys, after eSys admitted in court to ‘false POS’ (point of sale). Seagate’s lawyers also filed for an injunction against the Indian firm when it had emerged that a so-called ‘independent fact-finding committee’ appointed by eSys had sent letters to individual Seagate staff, which ‘had the effect of harassing and intimidating the employees’, according to affidavits filed by the Seagate employees. Some of the Seagate staff also received ‘legal notices’ from lawyers in Pakistan, Bangladesh and Sri Lanka on behalf of eSys, the documents showed. Beside this, Teledata, currently Esys parent company, has seen its short term loan rate lowered to A5 by ICRA, an Indian rating agency, which is the lowest short term rating existing. This is to reflect, according to rating agency, the fact that Teldata may have difficulties to reimburse banks. Teledata has failed to honour its Bank Guarantees worth EUR3.7 million and also unable to pay instalment of Term loan of EUR61.5 million, raised for acquisition of majority stake in Esys. We are still waiting for Esys representatives, owners or lawyers to answer our questions, which they currently seemingly prefer to decline… (source : Today Online Singapore).

Some business intelligence for Bakotech

Ukraine : software specialist Bakotech is further expanding its offer after signing a distribution partnership with business intelligence specialist Mindjet.

Actebis gets a real feet in Sweden

Sweden : after working for a while on Swedish market through its Danish office, broadliner Actebis is about to open real offices in the country, first in Stockholm (beginning of May), then in Malmö (beginning of June). These openings means recruitment, which the company did not detail (source : Computerworld Danmark).

Komputronik gets on track

Poland : broadliner Komputronik has expanded its offer with Kroll-Ontrack utilities and data recovering solutions (source : Computer Reseller News Polska).

Azlan gets virtual

Netherlands : network and security VAD Azlan has expanded its distribution partnership with virtualization champion VMware to its Dutch office (source : Computer Reseller News Nederland).

A new manager for PC-PoS

France : as PC-PoS and its direct sales subsidiary DigiPoS have merged, Dominique Boucher, who was the manager of PC-PoS, has left the company, to be replaced by DigiPoS manager Didier Brocard.

More networking for Unistel

Spain : network and telecoms VAD Unistel has been appointed as official distributor by Taiwanese networking vendor ZyXEL (source : Dealer World España).

A virtual credit card for Magirus

Italy : network and security VAD Magirus its VCard, a virtual credit card aimed at helping resellers develop their business in virtualization and security. VCard may be used to finance end user visits with vendors, training and access to VMware demo lab. It also enables resellers to access extra discounts up to 10% on licence and support.

Incom archives data with Fast LTA

Germany : storage VAD Incom has secured a distribution partnership with Swiss vendor Fast LTA around its Silent Cube line of archiving appliances (source : ChannelPartner Deutschland).

Bell Micro signs AMD

United Kingdom : Bell Micro has signed a strategic agreement with AMD to supply its Opteron multi-core processors to its reseller base. The distributor is already listed as an Opteron solution provider for Europe, but claimed the move is a ‘natural expansion’ to its existing portfolio (source : Computer Reseller News United Kingdom).

Recent additions

Our directory is updated daily through information sent by vendors and distributors. Here are the latest updates :
4SERV Ltd -  United Kingdom - VAD
Cyber Knight Technologies FZ LLC -  United Arab Emirates - VAD
ILICO Europe s.r.o. -  Czechia - Specialist
BHS Binkert Schweiz GmbH -  Switzerland - Broadliner
ELEME Polska Sp. z o.o. -  Poland - Specialist
Terra Solutions GmbH -  Germany - Specialist
Gadget Access Sdn Bhd -  Malaysia - Specialist
Atlantia Inc. -  Canada - Specialist
Erikson Consumer, a division of JAM Industries Ltd -  Canada - Specialist
Revo IT Consulting Ltd -  Hong Kong - Specialist

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