With a high number of translators needed to convert the information from the central Alphameric
database into usable formats for shop-based sales systems as well as central display and e-commerce systems, a new or modified feed meant development work was required to incorporate it into the network.
One such person was Tottenham Hotspur owner Joe Lewis, who, as a leading Alphameric
shareholder, called into question the chief executive's strategic planning.
The disposal of Alphameric
Solutions realised gross proceeds of pounds 15.
Earlier this month the body that conjoins owners, trainers, jockeys, breeders and stable staff, as half of the REL commercial enterprise, took on former Alphameric
chief executive Alan Morcombe in a similar role.
The deal is expected to be completed next week, after which Richard McGuire will join the Alphameric
board as a nonexecutive director, acting as the nominated shareholder representative of Joe Lewis, the Caribbean-based entrepreneur and investor.
, set to concentrate on the half-share it has in Amrac and the broadcasting of racing, is changing its name to Timeweave, but will look for other new opportunities.
Skane River had been brought down at the first fence and was one of the three loose horses which sparked the chaos in the Alphameric
Red Onion Novices' Chase.
is selling its bookmaking technology business for pounds 15.
He looked a progressive hurdler last term and got better the further he went, which suggests that the two miles and five furlongs of the Alphameric
Red Onion Novices Chase will not be a problem.
Morcombe previously held the same position at technology provider Alphameric
and was also executive chairman of TurfTV, a joint venture between Alphameric
and 31 of Britain's racecourses that was launched in 2007 to break the betting-shop pictures monopoly of SIS.
THE Fly on the Wall noted with interest the comment from departing Alphameric
chief executive Alan Morcombe that the involvement of major shareholder Mayfair Capital Investment had no bearing on his decision to quit.
The move will coincide with his departure as chief executive of Alphameric
, the TurfTV joint partner that broke the monopoly enjoyed by SIS for 20 years.