{"id":1097,"date":"2016-06-17T00:00:00","date_gmt":"2016-06-17T00:00:00","guid":{"rendered":"https:\/\/www.techsparx.co.uk\/north\/uncategorized\/outsourcery-sold-dragon-runs-puff\/"},"modified":"2025-02-28T14:37:24","modified_gmt":"2025-02-28T14:37:24","slug":"outsourcery-sold-dragon-runs-puff","status":"publish","type":"post","link":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/","title":{"rendered":"Outsourcery sold after Dragon runs out of puff"},"content":{"rendered":"<p>Something positive was salvaged from the crash at cloud biz Outsourcery &#8211; 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions.<\/p>\n<p>The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in to keep the firm afloat as a buyer was sought.<\/p>\n<p>The deal, in which the shareholders were warned they\u2019d get \u201cno or little\u201d return on their investment, was exclusively revealed by El Reg. EY was this week appointed as administrator to oversee proceedings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Something positive was salvaged from the crash at cloud biz Outsourcery &#8211; 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions. The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in to keep the firm [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,25],"tags":[123],"class_list":["post-1097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cloud","category-services","tag-manchester"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"og:description\" content=\"Something positive was salvaged from the crash at cloud biz Outsourcery &#8211; 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions. The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in to keep the firm [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\" \/>\n<meta property=\"og:site_name\" content=\"Regional technology news - North - TechSparx - Business technology stories in the North\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-17T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-28T14:37:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"648\" \/>\n\t<meta property=\"og:image:height\" content=\"348\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editorial Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editorial Team\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\"},\"author\":{\"name\":\"Editorial Team\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/a67e7f1ec4654ee30ec6c9c2899a146e\"},\"headline\":\"Outsourcery sold after Dragon runs out of puff\",\"datePublished\":\"2016-06-17T00:00:00+00:00\",\"dateModified\":\"2025-02-28T14:37:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\"},\"wordCount\":102,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg\",\"keywords\":[\"Manchester\"],\"articleSection\":[\"Cloud\",\"Services\"],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\",\"url\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\",\"name\":\"Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North\",\"isPartOf\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg\",\"datePublished\":\"2016-06-17T00:00:00+00:00\",\"dateModified\":\"2025-02-28T14:37:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage\",\"url\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg\",\"contentUrl\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg\",\"width\":648,\"height\":348},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.techsparx.co.uk\/north\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Outsourcery sold after Dragon runs out of puff\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#website\",\"url\":\"https:\/\/www.techsparx.co.uk\/north\/\",\"name\":\"Regional technology news - North - TechSparx - Business technology stories in the North\",\"description\":\"Regional technology news - Midlands, North, North - TechSparx\",\"publisher\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.techsparx.co.uk\/north\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#organization\",\"name\":\"Regional technology news - North - TechSparx - Business technology stories in the North\",\"url\":\"https:\/\/www.techsparx.co.uk\/north\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/cropped-Techsparx-LOGO.png\",\"contentUrl\":\"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/cropped-Techsparx-LOGO.png\",\"width\":248,\"height\":80,\"caption\":\"Regional technology news - North - TechSparx - Business technology stories in the North\"},\"image\":{\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/a67e7f1ec4654ee30ec6c9c2899a146e\",\"name\":\"Editorial Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/a63569d021e9997d4c4afa07a6940d5ec03d13725a97de06aace006fa15ebe5e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/a63569d021e9997d4c4afa07a6940d5ec03d13725a97de06aace006fa15ebe5e?s=96&d=mm&r=g\",\"caption\":\"Editorial Team\"},\"sameAs\":[\"https:\/\/www.techsparx.co.uk\/north\"],\"url\":\"https:\/\/www.techsparx.co.uk\/north\/author\/admin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/","og_locale":"en_GB","og_type":"article","og_title":"Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North","og_description":"Something positive was salvaged from the crash at cloud biz Outsourcery &#8211; 100 employees have transferred with the business in a pre-pack sale to new owners GCI Network Solutions. The loss-making company ran into cash flow shortages on multiple occasions, most recently in April when principal secured lender Vodafone stepped in to keep the firm [&hellip;]","og_url":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/","og_site_name":"Regional technology news - North - TechSparx - Business technology stories in the North","article_published_time":"2016-06-17T00:00:00+00:00","article_modified_time":"2025-02-28T14:37:24+00:00","og_image":[{"width":648,"height":348,"url":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg","type":"image\/jpeg"}],"author":"Editorial Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editorial Team"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#article","isPartOf":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/"},"author":{"name":"Editorial Team","@id":"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/a67e7f1ec4654ee30ec6c9c2899a146e"},"headline":"Outsourcery sold after Dragon runs out of puff","datePublished":"2016-06-17T00:00:00+00:00","dateModified":"2025-02-28T14:37:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/"},"wordCount":102,"commentCount":0,"publisher":{"@id":"https:\/\/www.techsparx.co.uk\/north\/#organization"},"image":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage"},"thumbnailUrl":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg","keywords":["Manchester"],"articleSection":["Cloud","Services"],"inLanguage":"en-GB","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/","url":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/","name":"Outsourcery sold after Dragon runs out of puff - Regional technology news - North - TechSparx - Business technology stories in the North","isPartOf":{"@id":"https:\/\/www.techsparx.co.uk\/north\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage"},"image":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage"},"thumbnailUrl":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg","datePublished":"2016-06-17T00:00:00+00:00","dateModified":"2025-02-28T14:37:24+00:00","breadcrumb":{"@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#primaryimage","url":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg","contentUrl":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/piers_linney.jpg","width":648,"height":348},{"@type":"BreadcrumbList","@id":"https:\/\/www.techsparx.co.uk\/north\/outsourcery-sold-dragon-runs-puff\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.techsparx.co.uk\/north\/"},{"@type":"ListItem","position":2,"name":"Outsourcery sold after Dragon runs out of puff"}]},{"@type":"WebSite","@id":"https:\/\/www.techsparx.co.uk\/north\/#website","url":"https:\/\/www.techsparx.co.uk\/north\/","name":"Regional technology news - North - TechSparx - Business technology stories in the North","description":"Regional technology news - Midlands, North, North - TechSparx","publisher":{"@id":"https:\/\/www.techsparx.co.uk\/north\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.techsparx.co.uk\/north\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/www.techsparx.co.uk\/north\/#organization","name":"Regional technology news - North - TechSparx - Business technology stories in the North","url":"https:\/\/www.techsparx.co.uk\/north\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/logo\/image\/","url":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/cropped-Techsparx-LOGO.png","contentUrl":"https:\/\/www.techsparx.co.uk\/north\/wp-content\/uploads\/2025\/02\/cropped-Techsparx-LOGO.png","width":248,"height":80,"caption":"Regional technology news - North - TechSparx - Business technology stories in the North"},"image":{"@id":"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/a67e7f1ec4654ee30ec6c9c2899a146e","name":"Editorial Team","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/www.techsparx.co.uk\/north\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/a63569d021e9997d4c4afa07a6940d5ec03d13725a97de06aace006fa15ebe5e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a63569d021e9997d4c4afa07a6940d5ec03d13725a97de06aace006fa15ebe5e?s=96&d=mm&r=g","caption":"Editorial Team"},"sameAs":["https:\/\/www.techsparx.co.uk\/north"],"url":"https:\/\/www.techsparx.co.uk\/north\/author\/admin\/"}]}},"_links":{"self":[{"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/posts\/1097","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/comments?post=1097"}],"version-history":[{"count":1,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/posts\/1097\/revisions"}],"predecessor-version":[{"id":3242,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/posts\/1097\/revisions\/3242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/media\/3243"}],"wp:attachment":[{"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/media?parent=1097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/categories?post=1097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techsparx.co.uk\/north\/wp-json\/wp\/v2\/tags?post=1097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}