ChannelLife New Zealand - Industry insider news for technology resellers

Acquisition stories - Page 171

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MARKET CLOSE:NZ shares rise, led by Chorus after Comcom draft, Spark drops

Tue, 2nd Dec 2014
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New Zealand shares rose, led by Chorus, after the Commerce Commission lifted the amount the network operator can charge on its regulated copper lin.
Acquire

Kiwi DTS acquires ITtelenet and focuses on IP voice

Tue, 2nd Dec 2014
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ict
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dts
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Brendan Ritchie, DTS, CEO, says the acquisition of ITtelenet signals a clear focus on IP voice and increased market share.
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Aggressive expansion plans for Kiwi iPad software

Fri, 28th Nov 2014
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document management
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ecm
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martech
While there is a special push to sell the product in New Zealand and Australia, the internet allows cost-effective selling into the United State and Europe.
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Collaboration between vendors and telcos key to success, says Ovum

Thu, 27th Nov 2014
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uc
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partner programmes
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ovum
In the rapidly evolving telco sector, Ovum highlights that collaboration between vendors and telcos is crucial for innovation and customer satisfaction.
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Tourism Holdings lifts annual profit forecast, shares rise

Wed, 26th Nov 2014
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shares
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sales
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m&a
Tourism Holdings, the biggest campervan rental company in Australia and New Zealand, said annual profit may rise as much as 44 percent on increased.
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Dorchester more than doubles 1H earnings, raises annual profit guidance

Wed, 26th Nov 2014
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shares
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revenue
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acquisition
Dorchester Pacific, the finance and insurance firm buying Turners Group, more than doubled first-half earnings with the contribution from recent ac.
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Vector cleared to buy Meridian's Arc metering business

Wed, 26th Nov 2014
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martech
Vector, the Auckland electricity and telecommunications lines company, has been cleared to by Meridian Energy's Arc Innovations metering business.
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CORRECT: Methven lifts 1H profit 3.4% on cost-cuts, lower tax bill

Tue, 25th Nov 2014
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shares
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sales
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guidance
NZ's Methven sees 3.4% profit rise in H1, beating sales dip with cost cuts and tax savings. Eyes top-end annual earnings forecast.
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Abano forecasts 40% jump in first-half profit as sales grow

Tue, 25th Nov 2014
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healthtech
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shares
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strategy
Abano Healthcare, the listed healthcare investor, said first-half profit may rise 40 percent even in the face of a weak Australian dollar and tepid.
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Serko to boost sales and staff after $3.6m loss

Fri, 21st Nov 2014
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serko
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partners
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acquisition
Serko plans sales and staff boost despite a $3.6m loss, targeting growth with a 50% revenue increase and new business pipeline for FY16.
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Arvida Group raises $75 million in IPO

Fri, 21st Nov 2014
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integration
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demand
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fundraising
Arvida Group, the new retirement village operator, has raised the full $75 million sought through an initial public offering following strong deman.
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Nexsan by Imation targets Kiwi resellers with 'disruptive' solutions

Fri, 21st Nov 2014
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storage
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iot
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healthtech
Nexsan by Imation aims to shake up the Kiwi market with its unique storage solutions, courting local resellers to drive growth.
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Serko widens 1H loss, boosts sales and staff

Thu, 20th Nov 2014
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serko
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sap
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resellers
Serko, the online travel booking business, widened its first-half loss in line with its May prospectus as it hired more staff to chase sales growth.
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A2 Milk announces ASX listing, push into US market, and renewal of sales into China

Tue, 18th Nov 2014
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synlait
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a2 milk co
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supermarkets
A2 Milk Co is planning to list on the Australian stock exchange and launch into the US market next year, has changed its marketing push in the UK i.
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Resthome operator Arvida says its care beds will provide steady cash flows for investors

Tue, 18th Nov 2014
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shares
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revenue
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aged care
Arvida, the retirement village operator planning to raise $80 million in an initial public offering, said its high proportion of care beds provides.
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MARKET CLOSE: NZ shares rise; Ryman, Summerset, Metlifecare up as investors bargain hunt

Mon, 17th Nov 2014
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cybersecurity
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stock market
New Zealand shares rose, paced by Ryman Healthcare, Summerset Group Holdings and Metlifecare, as investors returned to stocks which have come under.
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$18mln payday for Rural Women NZ in sale to Green Cross Health

Mon, 17th Nov 2014
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healthtech
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shares
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services
Green Cross Health has agreed to pay around $18 million for Access Homehealth, a not-for-profit home healthcare services company owned by a grass-r.
Slingshot

Slingshot's website better than the rest

Mon, 17th Nov 2014
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slingshot
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interactive media awards
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interactive
The IMA says the Slingshot website represented the very best in planning, execution and overall professionalism.
Truscreen

Kiwi cancer screening tech firm finding success on NZAX

Thu, 13th Nov 2014
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nzax
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truscreen
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partners
TruScreen's innovative cervical screening technology makes a promising debut on NZAX, aiming to revolutionize cancer detection globally.
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Alcatel-Lucent and its brink of disaster moment

Thu, 13th Nov 2014
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nuage networks
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alcatel-lucent
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telcos
A fascinating look at the last 18 months of restructuring at Alcatel Lucent. Can the beast survive in a changing telecommunications industry ?.