Acquisition stories - Page 185
TeamTalk cuts annual earnings guidance
Fri, 7th Jun 2013
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citylink
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teamtalk
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acquisition
TeamTalk cuts earnings guidance for a second time after acquiring Farmside Group, resulting in a slower transition and lower earnings.
Snakk grows annual revenue by 83%
Wed, 5th Jun 2013
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snakk media
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capital raising
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fy
The company's financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.
MYOB completes BankLink acquisition
Wed, 5th Jun 2013
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fintech
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financial systems
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myob
Following agreement last month, company completes $136 million deal for unlisted New Zealand business BankLink.
Top reasons to virtualise with EMC VSPEX
Wed, 29th May 2013
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emc
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virtualise
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westcon-comstor
EMC VSPEX touted as the go-to for simplifying virtualisation, promising cost savings and flexibility, revealed at Westcon Imagine event.
Will Optimizer HQ go for NZX listing?
Mon, 27th May 2013
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nzx
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optimizer hq
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acquisition
New Zealand-based technology company announces plans to explore the prospect of listing on the New Zealand Stock Exchange (NZX), but will it happen?.
Yahoo nears $1.1bn Tumblr acquisition
Mon, 20th May 2013
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yahoo
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tumblr
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acquisition
Yahoo set to acquire Tumblr for $1.1bn, boosting its tech portfolio and aiming to let the blogging site run as a standalone business.
Vodafone NZ's general counsel Kreider keep $541k salary
Fri, 17th May 2013
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uc
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telstraclear
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restructure
Vodafone New Zealand's general counsel David Kreider retains his NZD $541,000 salary after a ruling found his role unchanged despite a corporate restructure.
Telecom's Gen-i slims down with Davanti sale to management
Thu, 16th May 2013
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uc
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gen-i
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payroll
Telecom's Gen-i has agreed to sell its Davanti Consulting business in a management buy-out the latest step to trim down IT services unit.
Telecom earnings to be at bottom end of guidance
Thu, 16th May 2013
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uc
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gen-i
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payroll
Telecom said annual earnings will be at the low end of guidance because of competition in fixed-line sales and a margin squeeze at its Gen-i unit.
MYOB to acquire NZ firm for $136m
Tue, 14th May 2013
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fintech
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financial systems
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myob
MYOB Finance NZ Ltd signs agreement to purchase BankLink from Media Transfer Services for $136m, positioning them for growth in cloud accounting.
Serko plans NZ stock exchange listing
Tue, 14th May 2013
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serko
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private equity
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founders
Auckland software company Serko plans to list on the New Zealand and Australian Stock Exchanges before September this year.
Senior Manager to depart Ingram Micro NZ
Mon, 13th May 2013
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ingram micro
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distributors
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acquisition
Stuart Alexander to exit Ingram Micro NZ, possibly joining Dimension Data, as the tech world watches this significant career move.
How Big Data changes the way New Zealand does business
Sat, 11th May 2013
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data analytics
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martech
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planning
NZ companies harness Big Data, transforming business with customer insights, enhanced services and innovative solutions.
Microsoft appoints first female CFO
Thu, 9th May 2013
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microsoft
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cfo
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banking
Amy Hood steps into history as Microsoft's first female CFO, taking the finance reins with a vision for devices and services.
Tomizone acquires Jimojo to expand Oz operations
Tue, 7th May 2013
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wireless networks
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cloud services
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wifi
Tomizone set to become Australia's largest WiFi service provider in hospitality, acquiring Jimojo to boost its nationwide operations.
DC and Avaya target UC mid-market
Thu, 2nd May 2013
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distribution central
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avaya
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distributors
Distribution Central and Avaya team up to target SME Unified Communications market in Australia and New Zealand.
Lenovo leaves IBM takeover table
Thu, 2nd May 2013
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lenovo
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ibm
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stock exchange
Lenovo has exited takeover discussions with IBM over the valuation of IBM's X86 server business, refusing a USD $6 billion offer.
NZ-owned Fronde acquires Aussie OnlineOne
Wed, 1st May 2013
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it services
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support
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fronde
Wellington-based ICT company says deal will allow leverage of NetSuite capability into the New Zealand market.
Telecom: Gen-i rumours 'completely false'
Tue, 30th Apr 2013
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uc
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revera
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gen-i
Telecom denies Gen-i severance rumors as completely false, reaffirms plans to acquire Revera for $96.5 million.
Four-ward thinking Orcon recruits leadership team
Mon, 29th Apr 2013
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kordia
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orcon
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isp
Orcon bolsters its leadership team with four new appointments as it targets growth under new CEO Greg McAlister, following a recent acquisition.