UXC Eclipse acquires Kiwi Dynamics AX and BI business
UXC Eclipse has continued its acquisition trail, snapping up the Microsoft Dynamics AX and Microsoft Business Intelligence divisions of New Zealand's Koorb Consulting, for an undisclosed sum.
Koorb is a Microsoft Dynamics Gold Partner, with 16 years history in the Kiwi market and a customer base of more than 90 Microsoft Dynamics AX and BI sites and the deal makes UXC Eclipse as the largest Dynamics AX partner in New Zealand.
Bradley Stroop, UXC Exclipse chief executive, says more than 555 or UXC Eclipse's revenue is expected to come from the AX product suite in FY16 with the acquisition supporting the strategic direction of the business.
The Koorb Dynamics AX and BI professional services teams will be integrated into UXC Eclipse's existing New Zealand professional services infrastructure.
Koorb and UXC Eclipse will continue to work together collaboratively with a preferred partner relationship, with Koorb focusing on its Microsoft CRM and SharePoint business streams.
Stroop says expanding the New Zealand team will bring the global UXC Eclipse team to 'well over' 600 people and customer numbers to more than 2700, globally.
Cris Nicolli, UXC managing director, says today's acquisition sees an renewed focus on the APAC region, following the company's successful expansion into the North American market over the last two years.
"[This acquisition] will cement UXC Eclipse's position as the largest Microsoft Dynamics AX partner in New Zealand, expanding the business with more than 50 staff and over 200 local customers," Nicolli says.
Stroop says there are 'great synergies' between UXC Eclipse and the Koorb Consulting business.
"This acquisition sees two very similar businesses come together, both with a Microsoft Dynamics AX and BI focus, and significant market presence," Stroop says.
UXC Eclipse has been established in New Zealand since 2006, with a strong Dynamics GP and NAV practice.
The company says the addition of the Koorb Dynamics AX and BI divisions presents an opportunity for the company to leverage its existing New Zealand, Australian and Pacific ecosystem and infrastructure to support further business growth.
Nicholas Birch, Koorb Consulting joint managing director, says UXC Eclipse offers a strong base that will take the Koorb AX and BI business divisions to the next level of growth.
"The company is well placed to support existing customers with international sites in Australia and North America," Birch says.
In the past 18 months UXC Eclipse has made two significant acquisitions in North America as it sought a strong foothold in that market. It's North American foray has reaped rewards for the company, which last month announced it had gained $68 million in revenue from the North American business, and was winning key brands, especially in the retail sector.
