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Monday, 12 January 2009

Cisco robbery raises channel margin fears

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 Monday 12 January 2009  Latest channel news 

Cisco robbery raises channel margin fears
Vendor urged to act after police confirm that recent Damovo raid reaped almost $200,000 of IT equipment

Cisco partners fear the market could be flooded with cheap kit after $188,000 (£126,000) worth of Cisco equipment was raided from reseller Damovo.
Police have confirmed that the gang that robbed Damovo's warehouse on 18 December had targeted Cisco gear.
The six perpetrators escaped from the firm's head office in Horsham, West Sussex in an unmarked transit van with data networking, voice services and router kit. Equipment from other manufacturers was untouched.
The incident occurred less than a year after robbers raided about $190,000 worth of Cisco equipment from VAR Repton in a targeted attack.
Scott Nursten, managing director of Cisco Gold partner s2s, urged the vendor to more to ensure criminals do not see it as an easy target.



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