Veteran British PC builder Mesh ceased trading and entered receivership with the brand assets immediately acquired by Kent-based components distribution outfit PC Peripherals.
MacIntyre Hudson were appointed as administrators of the UK's largest remaining independent PC builder, spelling an end to the firm that had been trading for 25 years.
MacIntyre Hudson's Paul Davis told Microscope: "The deal was reliant on a quick turnaround so we had to work hard to find the right buyer on a short space of time - whilst maximizing the return for creditors."
The deal thankfully sees Mesh systems owners retaining warranty support through PC Peripherals.
"It is not just the recession that has hit IT firms hard - the rise in demand for iPads and other tablet devices over laptops and PCs means we are seeing lots of changes in the sector across the entire supply chain, from manufacturing through to distribution and retail," the administrators said.
"We are pleased to have completed this acquisition and see it as an excellent platform from which to develop our business," said PC Peripherals boss Reza Jafari.
"Mesh Computers' 25 year history of manufacturing in the UK is a solid foundation to build from and we are looking forward to investing and moving into our next phase of growth."