Bytes Technology Group is a reseller of computer software in

Leatherhead Leatherhead is a town in the Mole Valley District of Surrey, England, about south of Central London. The settlement grew up beside a ford on the River Mole, from which its name is thought to derive. During the late Anglo-Saxon period, Leath ...

Surrey Surrey () is a ceremonial and non-metropolitan county in South East England, bordering Greater London to the south west. Surrey has a large rural area, and several significant urban areas which form part of the Greater London Built-up Area. ...

, England. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...

and is a constituent of the

FTSE 250 Index The FTSE 250 Index ( "Footsie") is a capitalisation-weighted index consisting of the 101st to the 350th largest companies listed on the London Stock Exchange. Promotions and demotions to and from the index occur quarterly in March, June, Septemb ...

History

The business was established in a shop in Epsom in 1982. It was acquired by Allied Electronics Corporation (Altron), a company led by the entrepreneur,

Bill Venter William Peter Venter (born 29 July 1934, in Johannesburg) is a South African businessman, entrepreneur and industrialist. Venter founded Allied Electronics Corporation (Altron) in 1965. Acquisitions under his leadership included Bytes Technology ...

, in 1998. The company was demerged from Altron and was subject to an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

in December 2020. In February 2024, the CEO, Neil Murphy, resigned abruptly after the board became aware of some previously undisclosed trades in the company's shares.

Operations

The company is a reseller of computer software, principally of products made by

Microsoft Microsoft Corporation is an American multinational technology corporation producing computer software, consumer electronics, personal computers, and related services headquartered at the Microsoft Redmond campus located in Redmond, Washing ...

, but also of cloud storage, computer security and computer asset management software. It was the largest reseller of Microsoft's

Azure Azure may refer to: Colour * Azure (color), a hue of blue ** Azure (heraldry) ** Shades of azure, shades and variations Arts and media * ''Azure'' (Art Farmer and Fritz Pauer album), 1987 * Azure (Gary Peacock and Marilyn Crispell album), 2013 ...

cloud computing software product in the UK during the year ended 30 June 2019.

References

External links

Official site
{{FTSE 250 Index constituents Software companies established in 1982