ChannelLife New Zealand - Industry insider news for technology resellers

Acquisition stories - Page 168

Vocushouse

ASX-listed Vocus boosts NZ sales 81% after FX Networks acquisition

Mon, 23rd Feb 2015
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network infrastructure
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southern cross cable
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fx networks
Vocus Communications boosted its first-half sales in New Zealand by 81 percent after buying local fibre-line provider FX Networks last year.
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Freightways first-half profit jumps 21% as sales, margins grow from couriers, data management

Mon, 23rd Feb 2015
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sales
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freightways
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information management
Freightways posted a 21 percent gain in first-half profit after lifting sales and fattening margins at its courier and information management units.
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Steel & Tube posts 35% gain in first-half profit on uplift in construction

Thu, 19th Feb 2015
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sales
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steel & tube
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construction
Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.
Netflix logo

Netflix to add ANZ 'local flavour' - but where's the Kiwi content?

Thu, 19th Feb 2015
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gaming
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digital entertainment
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netflix
There is no confirmed comment yet on what, if any, New Zealand-made content will be made available through Netflix.
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Tenon delivers $2m profit in first half, on track for 2016 dividends

Wed, 18th Feb 2015
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supply chain
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tenon
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banking
Tenon, whose locally produced wood mouldings are sold in the US, turned a first-half profit as an improving US housing market pushed revenue, as fo.
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State-owned Japan Post launches A$6.5 bln takeover bid for Toll Holdings

Wed, 18th Feb 2015
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japan post
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toll holdings
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acquisition
Japan Post makes a grand £3.6bn bid for Aussie logistics titan Toll Holdings, with the board's full backing — shares leap in response.
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Complectus continues acquisition spree with Covenant Trustee

Wed, 18th Feb 2015
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perpetual guardian
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complectus
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acquisition
Complectus, which owns trustee firm Perpetual Guardian, has signed a heads of agreement with Covenant Trustee Services as it continues its purchasi.
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UPDATE: IAG's NZ unit doubles 1H profit, lifts premiums on Lumley acquisition

Wed, 18th Feb 2015
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iag
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fy
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revenue
Insurance Australia Group's New Zealand unit, the country's biggest general insurer, more than doubled first-half profit and lifted gross written p.
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Tui writedown turns NZOG to a first-half loss

Wed, 18th Feb 2015
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shares
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sales
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oil and gas
New Zealand Oil & Gas, the exploration company, turned in a loss in its first half after the global drop in oil prices saw it recognise a $13 milli.
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MARKET CLOSE: NZ shares fall; NZX, ANZ down on earnings

Tue, 17th Feb 2015
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nzx
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banking
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industrial
NZ shares dip as NZX's rising costs and ANZ's shrinking margins disappoint investors; NZX 50 Index sees slight decline.
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Evolve on track to secure 85 kindergartens by end of March, eyes more centres

Tue, 17th Feb 2015
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shares
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asx
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evolve education group
Evolve Education Group, the listed childcare business, said it's on track to settle its acquisitions as forecast in its prospectus and is eyeing fu.
Nzx

NZX posts 8.3% gain in full-year profit on securities data, listing fees, funds

Tue, 17th Feb 2015
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nzx
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shares
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superlife
NZX, which made its biggest-ever acquisition by buying funds manager SuperLife in 2014, posted annual profit growth of 8.3%.
Paessler ag logo

Paessler AG boasts sales growth of 40% in ANZ

Tue, 17th Feb 2015
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paessler
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resellers
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anz bank
Paessler AG experiences 40% increase in sales in Australia and New Zealand, making it the company's sixth largest market.
Russelljones

Russell Jones: Banking on technology

Tue, 17th Feb 2015
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fintech
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banking
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asb bank
ASB's Russell Jones mixes tech and human touch to shape future banking, focusing on customer-centric innovation beyond just the bits and bytes.
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Magic Memories, theme-park snappers, lure Silicon Valley funds with 'R&D by M&A' strategy

Fri, 13th Feb 2015
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fintech
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financial systems
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kiwi landing pad
Magic Memories, which built a $50 million global business taking photographs at tourist attractions and theme parks, has sped its growth by buying.
Profit

Express Data NZ posts substantial profit

Thu, 12th Feb 2015
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express data
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dicker data
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distributors
Express Data NZ posts a GBP £3.2 million profit on GBP £112.3 million revenue for nine months ending June 30, 2014, after Dicker Data acquisition.
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NZOG seeks 30% of Cue Energy via full takeover bid

Thu, 12th Feb 2015
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power / energy
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oil and gas
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cue energy
New Zealand Oil & Gas is fulfilling industry analysts' predictions that falling oil prices would prompt mergers and acquisitions among smaller loca.
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Vista agrees to buy US-based Ticketsoft, extending North American footprint

Wed, 11th Feb 2015
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data analytics
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martech
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commerce systems
Vista Group International, the cinema software and analytics company, has conditionally agreed to acquire Ticketsoft, a Dallas, Texas-based company.
Shares

Enprise could raise $4.8 million in share purchase plan to fund expansion

Tue, 10th Feb 2015
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uc
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fintech
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financial systems
Enprise Group, the software company that listed on the NZAX in December, may raise as much as $4.8 million in a share purchase plan to fund its expans.
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Enprise could raise $4.8 mln in share purchase plan to fund expansion

Tue, 10th Feb 2015
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uc
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contact centre
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enprise group
Enprise Group plans to raise up to NZD $4.8 million through a share purchase plan, offering new shares to fund expansion and potential acquisitions.