Wed, 25 Sep 2013 | ADMINISTRATION
Picsel International Ltd and SmartOffice Technologies are being offered for sale by French Duncan.
Malta-based Picsel International Ltd, which creates and owns the products and intellectual property relating to SmartOffice, entered liquidation with Brian Milne and Linda Barr of French Duncan appointed as the liquidators.
Picsel’s subsidiary SmartOffice Technologies, which develops document viewing and editing solutions for mobile devices from its base in Paisley, Scotland, has been placed in administration with the redundancy of 14 of its 31 staff. It also has six sales and support staff based in Asia.
The businesses are being marketed together as a package sale, and became insolvent, French Duncan said, because of “cashflow difficulties, ultimately resulting in creditor pressure which was undermining its ability to perform.”
Mr Milne said: “Given the popularity of the SmartOffice brand, particularly throughout Asia, and a customer base including such household names as Samsung, LG and Symantec, we anticipate this opportunity to secure a leading provider of secure office solutions to generate interest internationally.”
SmartOffice Technologies provides a wide range of OS and linked cloud services that can be used on smartphones, tablets and for various other screen sizes. It is partnered with several other big technology names including Canon, Samsung, WatchDox, InFocus, Garmin and Airwatch.
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