Distributor Osmosis today ceased dealing in hardware, but despite obviously difficulties, will continue to sell software.
The Middlesex based distributor is telling suppliers that it no longer sells hardware, peripherals or PCs.
But Alex Campbell, Osmosis products and marketing director, was at pains to stress that the company was still trading.
An official statement will be made on Wednesday, but Campbell said: "At the moment, we're not dealing in hardware. But we are still trading on the software side."
Campbell said: "The constraints of the market have made it difficult for distributors like us to compete. We have had to decide on a series of actions to enable us to keep trading."
He was unable to give more details, but admitted that "major changes" were in the pipeline. He stressed that the company had not gone into liquidation or voluntary administration.
Osmosis has over 100 staff, with offices in Ireland, Scotland and Canada.
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