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
80,259 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

Microsoft Band UK release date and price rumours, features and specs: Microsoft smartwatch unveiled

IDG UK Sites

Why Sony's PS4 2.0 update is every gamer's dream (well, mine at least)

IDG UK Sites

Watch new Grolsch ad that combines stop-motion & CG for majestic results

IDG UK Sites

Apple rumours and predictions for 2015: What to expect from Apple in 2015