A PYMNTS Company

U.K.: SCC announces plans with money earned through sale of wholesale business

By  |  November 5, 2012

In the wake of Tech Data’s acquisition of Specialist Distribution Group, owned by SCC, for £220 million, SCC has announced it will use the money gained from the deal to invest in “high-margin segments,” according to SCC chief executive James Rigby. Among those segments includes data storage networks, including the cloud, after the company won rights to sell secure cloud services to government entities in the U.K. Rigby says the company has drawn up a plan targeted at “mid-sized companies and government organizations across Europe.”

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    Subscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: The Channel

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.