| Year | 2001 |
| Company | Vio Worldwide |
| Activity | Online services for the advertising industry with offices in UK, France, Japan, US and Australia |
| Ownership | Jointly owned by a UK FTSE 100 company and an overseas partner |
| Icknield role | CRO – Icknield was appointed to implement an orderly and solvent wind down |
| Status at start of project | The business was loss making requiring USD1m funding every month from its shareholders. One of the partners could not sustain the required funding and there was no plan to support additional investment |
| Key achievements | Losses reduced to low levels whilst maintaining customer services Going concern sale achieved Project achieved faster and at a lower cost than the agreed budget |
| Contact for further info | steve@icknield.com |
