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.
 | |
| Company type | Public limited company |
|---|---|
| LSE: BYIT FTSE 250 component | |
| Industry | Reseller of computer software |
| Founded | 1982 |
| Headquarters | Leatherhead, Surrey, England. |
Key people |
|
| Revenue |  £184.4 million (2023)[1] |
| £50.9 million (2023)[1] | |
| £40.4 million (2023)[1] | |
| Website | www |
History
The business was established in a shop in Epsom in 1982.[2] It was acquired by Allied Electronics Corporation (Altron), a company led by the entrepreneur, Bill Venter,[3][4] in 1998.[5] The company was demerged from Altron and was subject to an initial public offering on the London Stock Exchange in December 2020.[6]
In February 2024, the CEO, Neil Murphy, resigned abruptly after the board became aware of some previously undisclosed trades in the company's shares.[7]
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.[8] It was the largest reseller of Microsoft's Azure cloud computing software product in the UK during the year ended 30 June 2019.[9]