Acquisition stories - Page 211

Kiwi Wi-Fi company Tomizone is gearing up for a major assualt on international markets after securing AU$5 million in public capital funding.

Coming off a bumper financial year, Dicker Data looks to the launch of its cloud marketplace and an expansion in offerings to fuel further growth.

Empired has won a $20 million contract with Rio Tinto to provide application managed services across more than 170 applications.

Fortinet is the latest company in acquisition mode, announcing it will acquire Wi-Fi networking company Meru Networks, in a US$44 million deal.

Departure at the top for Hills as Ted Pretty steps down as CEO and managing director, following a ‘refinement’ of the distributor’s strategy.

Wearables will be a $1 billion market in Australia by 2018 with enterprise adoption expected to take off from 2017.

The acquisition represents a ‘transformational element’ of EMC’s strategy to help customers move all applications to cloud-based IT environments.

Two Degrees is still burning cash but has once again reduced its financial losses, recording a $33.6 million net loss for calendar 2014.

IT services company UXC will establish an enterprise delivery centre in Hobart, after gaining a $1.7 million grant from the Tasmanian Government.

Auckland-based travel firm Serko reports annual loss of $6.4m, but expects to be profitable in H1 2017. Revenue up 55% to $10.4m.

HP has announced its 2015 second quarter financial results, revealing revenue was down in all segments of the business.

Seagate targets New Zealand's SMB market with a NAS offering, partnering with local tech distributor Connector Systems, challenging Qnap and Synology.

Plan B has appointed former Vodafone enterprise director Grant Hopkins as its chief commercial officer, which will focus on customer experience.

The worldwide customer relationship management (CRM) software market has gained momentum, with the Asia/Pacific region experiencing the fastest growth.

Driven by sturdy growth, Nextgen Distribution plans to double both staff and revenue, boosting its footprint in New Zealand's tech sector.

The Internet of Things (IoT) mergers and acquisitions (M&A) market will be worth nearly $15bn within the year, according to 451 Research.

Dicker Data's acquisition of Express Data in 2014 brought growth and opportunities, with a focus on key areas such as Cisco and Microsoft.

Legacy infrastructure is holding companies back from achieving their businesses goals and preventing business agility and innovation say CIOs.

Exeed is ramping up its cloud offering, with analytics joining the line-up. Meanwhile boss Justin Tye hits back at David Dicker's HP push.

TechnologyOne plans to use this acquisition to further reinforce its strategic focus on providing relevant enterprise solutions for key customers.