Story image

Zeald invests in growing software company

26 Apr 2013

Zeal will make a "strategic investment" in the emerging cloud application development industry by purchasing a 49% stake in Twiik, an Auckland-based start-up specialising in tailored web-based software solutions for large-scale Kiwi businesses.

The New Zealand website design company says the investment in Twiik, pronounced Tweak, is a key part of growth plans for 2013.

“This is an exciting development for Zeald, which aims to complement our already strong position as New Zealand’s leading website development company," says David Kelly, CEO, Zeald.

"Together with Twiik, we will continue to help New Zealand businesses of all sizes thrive with market leading online solutions."

Kelly says the partnership enables Zeald to guide Twiik, with their thirteen-year market knowledge and expertise, and grow it as a complementary “sister company”.

Zeald will retain its own market focus on small to medium sized businesses, with the deal following the opening of a new company office in Christchurch earlier this month.

Founded by John Jones in 2008, Kelly says Twiik has many of the same commitments to value, transparency and delivering tangible results that are embedded in the Zeald DNA.

While much of Twiik’s work is behind closed doors as an outsource partner to other companies, its work includes both customer-facing and back-end development used by a number of large commercial and crown customers in New Zealand.

Aussie company set to democratise direct-to-orbit IoT access
Adelaide-based Myriota has released a developer toolkit that has been trialled and tested by a smart waste management platform.
Apple's AirPods now come with 'Hey Siri' functionality
The new AirPods come with a standard case or a Wireless Charging Case that holds additional charges for more than 24 hours of listening time.
Dynatrace takes pole position in APM Magic Quadrant
It placed highest on Ability to Execute and furthest on Completeness of Vision in the 2019 Quadrant for Application Performance Monitoring (APM).
HCL and Xerox expand strategic partnership
Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions.
Avaya expands integration with Google Cloud AI
This includes embedding Google’s machine learning within conversation services for the contact centre, enabling integration of AI capabilities.
Forrester names Crowdstrike leader in incident response
The report provides an in-depth evaluation of the top 15 IR service providers across 11 criteria.
Poly appoints new A/NZ managing director, Andy Hurt
“We’re excited to be bringing together two established pioneers in audio and video technology to be moving forward and one business – Poly."
Gartner: NZ server grows at same rate as shipments decline
In New Zealand, server revenue grew by almost 50% in the 4Q18 compared to the same quarter of 2017, while shipments declined 43.3%.