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Acquisition Stories - Page 248

Global Stories

Acquisition stories

Cisco grabs IBM's lead as top cloud provider
Infrastructure-as-a-Service

Cisco grabs IBM's lead as top cloud provider

Cisco has taken over leadership of the cloud infrastructure equipment market, just one quarter after IBM's share of the market had hit a two-year high.

By Staff Writer • 2 min read • Wed, 12th Jun 2013
Citrix buys Wellington's Beetil for $4.5m cash
Virtualisation

Citrix buys Wellington's Beetil for $4.5m cash

Citrix Systems NZ acquires Wellington-based Beetil for $4.5m, expanding its IT support services and integrating Beetil's proficient team.

By Pattrick Smellie • 2 min read • Wed, 12th Jun 2013
Google on the way to Waze deal
Google

Google on the way to Waze deal

Google edges out Apple and Facebook to acquire GPS app Waze for $1.3bn, bolstering its mapping services with real-time data.

By Staff Writer • 1 min read • Tue, 11th Jun 2013
Top reasons to virtualise with EMC VSPEX
Virtualise

Top reasons to virtualise with EMC VSPEX

EMC VSPEX touted as the go-to for simplifying virtualisation, promising cost savings and flexibility, revealed at Westcon Imagine event.

By Staff Writer • 2 min read • Wed, 29th May 2013
Will Optimizer HQ go for NZX listing?
NZX

Will Optimizer HQ go for NZX listing?

New Zealand-based technology company announces plans to explore the prospect of listing on the New Zealand Stock Exchange (NZX), but will it happen?.

By Staff Writer • 2 min read • Mon, 27th May 2013
Yahoo nears $1.1bn Tumblr acquisition
Yahoo

Yahoo nears $1.1bn Tumblr 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.

By Staff Writer • 2 min read • Mon, 20th May 2013
Vodafone NZ's general counsel Kreider keep $541k salary
Unified Communications

Vodafone NZ's general counsel Kreider keep $541k salary

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.

By Pattrick Smellie • 2 min read • Fri, 17th May 2013
Telecom's Gen-i slims down with Davanti sale to management
Unified Communications

Telecom's Gen-i slims down with Davanti sale to management

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.

By Pattrick Smellie • 1 min read • Thu, 16th May 2013
Telecom earnings to be at bottom end of guidance
Unified Communications

Telecom earnings to be at bottom end of guidance

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.

By Pattrick Smellie • 2 min read • Thu, 16th May 2013
MYOB to acquire NZ firm for $136m
Fintech

MYOB to acquire NZ firm for $136m

MYOB Finance NZ Ltd signs agreement to purchase BankLink from Media Transfer Services for $136m, positioning them for growth in cloud accounting.

By Staff Writer • 3 min read • Tue, 14th May 2013
Serko plans NZ stock exchange listing
Serko

Serko plans NZ stock exchange listing

Auckland software company Serko plans to list on the New Zealand and Australian Stock Exchanges before September this year.

By Staff Writer • 2 min read • Tue, 14th May 2013
How Big Data changes the way New Zealand does business
Data Analytics

How Big Data changes the way New Zealand does business

NZ companies harness Big Data, transforming business with customer insights, enhanced services and innovative solutions.

By Staff Writer • 5 min read • Sat, 11th May 2013
Microsoft appoints first female CFO
Microsoft

Microsoft appoints first female CFO

Amy Hood steps into history as Microsoft's first female CFO, taking the finance reins with a vision for devices and services.

By Staff Writer • 2 min read • Thu, 9th May 2013
Tomizone acquires Jimojo to expand Oz operations
Wireless Networks

Tomizone acquires Jimojo to expand Oz operations

Tomizone set to become Australia's largest WiFi service provider in hospitality, acquiring Jimojo to boost its nationwide operations.

By Staff Writer • 2 min read • Tue, 7th May 2013
DC and Avaya target UC mid-market
Distribution Central

DC and Avaya target UC mid-market

Distribution Central and Avaya team up to target SME Unified Communications market in Australia and New Zealand.

By Staff Writer • 2 min read • Thu, 2nd May 2013

Stories from Other Regions

Acquisition stories

Snakk grows annual revenue by 83%
Snakk Media

Snakk grows annual revenue by 83%

The company's financial year ends with fourth quarter revenues almost doubling, increasing 94% year-on-year to over $980k.

By Staff Writer • 3 min read • Wed, 5th Jun 2013
MYOB completes BankLink acquisition
Fintech

MYOB completes BankLink acquisition

Following agreement last month, company completes $136 million deal for unlisted New Zealand business BankLink.

By Staff Writer • 2 min read • Wed, 5th Jun 2013
Senior Manager to depart Ingram Micro NZ
Ingram Micro

Senior Manager to depart Ingram Micro NZ

Stuart Alexander to exit Ingram Micro NZ, possibly joining Dimension Data, as the tech world watches this significant career move.

By Staff Writer • 1 min read • Mon, 13th May 2013