We use cookies to provide you with a better experience. If you continue to use this site, we'll assume you're happy with this. Alternatively, click here to find out how to manage these cookies

hide cookie message
78,639 News Articles

Monitor maker Maxdata files for insolvency

But hopes to continue with Belinea brand

Monitor maker Maxdata, which sells displays under the Belinea brand, has filed for insolvency proceedings.

The Germany-based manufacturer said in a statement that an "immense fall in prices in the IT industry" had affected the company for some years, adding that a restructuring programme undertaken two years ago failed to turn things around.

"The management board now aims at continuing business with the support of the insolvency administrator, securing as many jobs as possible and retaining the two brands Maxdata and Belinea," the statement continues.

Maxdata opened a UK office in 1997, and Belinea was at one time the top-selling monitor brand in the UK.


IDG UK Sites

Motorola Moto G vs Nokia Lumia 530 comparison: What's the best budget smartphone

IDG UK Sites

Everything you need to know about Apple's iPhone Camera in iOS 8

IDG UK Sites

Why you shouldn't trust password managers

IDG UK Sites

How to make an 'Apple iWatch' using an iPod nano and a 3D printer