A NORTH-EAST computer hardware firm has been bought by a regional software company.
Durham based Nectar Electronics has been bought by TranscendIT, which has offices in Team Valley, Gateshead, as it aims to provide fully integrated IT services to firms in the region.
TranscendIT director Adam Kuznesof said: “Buying Nectar Electronics broadens our offer and makes us more competitive.
It enables us to provide clients with a complete bespoke package. This means that our clients receive joined up personal service at a lower price than the big household names provide.
“Hardware engineering is a dying art. Many engineers end up working for the global corporations and the majority of companies just call up Dell or Hewlett Packard because they’re not aware of the alternative. By purchasing Nectar we have added four exceptional people to our 13-stong staff.”
The firm was advised on the deal by Crutes law firm and accountants Ryecroft Glenton.
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