IBM silent on Kachingo liquidation

IBM is staying tight-lipped about its role in winding up Global Online Systems, the company behind the failed Kachingo retail promotion.

IBM is staying tight-lipped about its role in winding up Global Online Systems, the company behind the failed Kachingo retail promotion.

Kachingo folded in March 2003 after 18 months of operation. The business was taken over shortly afterwards by Auckland-based Atlantis Marketing, which aimed to run it overseas.

The Kachingo system in New Zealand involved 500 remote servers and 1700 point of sale terminals. It was centrally hosted by Logical CSI on IBM NetFinity servers in Wellington, before IBM acquired Logical.

The system ran on Red Hat Linux and was one of the largest commercial Linux deployments in the country.

Global Online Systems went into voluntary liquidation on May 12. IBM finance arm IBM Global Financing applied on March 18 for a winding up hearing, set for May 13.

IBM wouldn’t comment in detail on the matter, with a call to NZ country manager Nick Lambert being answered by acting spokesman Reuben Young. In a written statement the company said: “We understand that Global Online Systems has commenced voluntary liquidation and we are seeking further information from the liquidator regarding debts owed to IBM global financing.”

A Companies Office search showed Global Online Systems owed money to IBM Global Financing and UDC Finance.

Another company associated with Kachingo, Global Online Promotions, is also on the companies register and appears not to be in liquidation.

Global Online Systems liquidator Grant Thornton was unavailable for comment.

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