Story image

Express Data ANZ sold to big Aussie distie

11 Feb 14

Express Data has been sold, with Australian distributor Dicker Data announcing its acquisition of the company today.

In an announcement to the Australian Stock Exchange this morning, Dicker Data said it has entered into a share purchase agreement to acquire 100% of the issued capital of Express Data Holdings, with the acquisition including both the Australian and New Zealand operations, and Express Online.

Dicker Data is a long-standing Australian distributor, whose portfolio includes HP, Toshiba, Asus, Lenovo and Microsoft among others.

In a letter to resellers posted on Dicker Data's site, David Dicker, Dicker Data chief executive, says Express Data's operations will be integrated into Dicker Data 'as quickly as we can' after the completion of the deal on April 01.

“As you can imagine, I am extremely happy with this result,” Dicker says.

“There is almost no product overlap between the two companies, so we are in a position to make our relationships with you considerably broader and stronger,” he adds.

The deal is scheduled to complete on April 01, subject to certain conditions being met. An extraordinary general meeting has been called for Dicker Data shareholders, expected to take place in mid-March.

Last month Phil Presnall, Express Data New Zealand general manager of sales and marketing, told The Channel that the 2013 financial year, ending 30 September, had been the company's biggest ever here, with revenue from sale of goods sitting at $138.7 million and the company experiencing double digit growth through Q1 of F14.

Kiwis make waves in IoT World Cup
A New Zealand company, KotahiNet, has been named as a finalist in the IoT World Cup for its River Pollution Monitoring solution.
Can it be trusted? Huawei’s founder speaks out
Ren Zhengfei spoke candidly in a recent media roundtable about security, 5G, his daughter’s detainment, the USA, and the West’s perception of Huawei.
Oracle Java Card update boosts security for IoT devices
"Java Card 3.1 is very significant to the Internet of Things, bringing interoperability, security and flexibility to a fast-growing market currently lacking high-security and flexible edge security solutions."
How SMBs can use data to drive business outcomes
With the right technology, companies can capture consumer, sales, and expense data, and use it to evaluate and construct future plans.
Survey shows that IoT is RoI across Asia Pacific
A recent Frost & Sullivan survey across Australia, Hong Kong and Singapore shows that IoT deployment improves business metrics by around 12%.
Sophos hires ex-McAfee SVP Gavin Struther
After 16 years as the APAC senior vice president and president for McAfee, Struthers is now heading the APJ arm of Sophos.
Security platform provider Deep Instinct expands local presence
The company has made two A/NZ specific leadership hires and formed several partnerships with organisations in the region.
Half of companies unable to detect IoT device breaches
A Gemalto study also shows that the of blockchain technology to help secure IoT data, services and devices has doubled in a year.