Acquisition stories - Page 233

SMBs bag $40m capital fund boost
Mon, 1st Jul 2013
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healthtech
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orion health
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smb
NZ Superannuation Fund injects NZ$40m into Kiwi SMBs, aiming to fuel their growth in global markets through Pioneer Capital’s management.

Acronis appoints mobility market lead
Tue, 25th Jun 2013
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dr
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cloud services
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acronis
Simon Howe returns to Acronis as Sales Director, leading the company's push into the APAC mobility market, aiming for significant growth.

Not a CloudCare in the world as AVG seals acquisition
Mon, 24th Jun 2013
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cloud services
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avg technologies
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lpi level platforms
Following acquisition of LPI Level Platforms, security vendor launches AVG CloudCare across ANZ to expand SMB market opportunity.

Huawei slams 'weak' Windows Phone
Thu, 20th Jun 2013
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smartphones
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personal computing devices
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microsoft
As Chinese company considers buying Nokia, smartphone manufacturer dismisses Microsoft's Windows Phone platform as 'weak.'.

Microsoft NZ expands channel team
Thu, 20th Jun 2013
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microsoft
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express data
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distributors
Microsoft's New Zealand branch boosts channel team with three new appointments, reflecting a move into services and devices.

Enterprises lack true information strategy
Wed, 12th Jun 2013
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ict
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analyst report
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meti
Gartner reveals under 10% of enterprises have a solid info strategy, pivotal for business amid rising trends like IoT and big data.

Cisco grabs IBM's lead as top cloud provider
Wed, 12th Jun 2013
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iaas
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cloud services
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hp
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.

Citrix buys Wellington’s Beetil for $4.5m cash
Wed, 12th Jun 2013
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virtualisation
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uc
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daas
Citrix Systems NZ acquires Wellington-based Beetil for $4.5m, expanding its IT support services and integrating Beetil's proficient team.

Google on the way to Waze deal
Tue, 11th Jun 2013
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personal computing devices
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google
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apple
Google edges out Apple and Facebook to acquire GPS app Waze for $1.3bn, bolstering its mapping services with real-time data.

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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accounting systems
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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accounting systems
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.