Bytes Technology Group


Bytes Technology Group is a reseller of computer software in Leatherhead, Surrey, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The business was established in a shop in Epsom in 1982. It was acquired by Allied Electronics Corporation, a company led by the entrepreneur, Bill Venter, in 1998. The company was demerged from Altron and was subject to an initial public offering on the London Stock Exchange in December 2020.
In February 2024, the CEO, Neil Murphy, resigned abruptly after the board became aware of some previously undisclosed trades in the company's shares.

Operations

The company is a reseller of computer software, principally of products made by Microsoft, but also of cloud storage, computer security and computer asset management software. It was the largest reseller of Microsoft's Azure cloud computing software product in the UK during the year ended 30 June 2019.