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Mergers and Acquisitions
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Hammer and tongs in the Aussie channel – this week’s highlights
Another working week in Australia’s channel comes to a close today, so what went down? Here’s some of the highlights.
Gentrack to complete $75m acquisition of Junifer Systems
Gentrack Group recently announced that it has entered into an unconditional agreement to acquire the UK-based Junifer Systems.
Vodafone NZ one-ups Spark with 70 percent acquisition in TeamTalk’s Farmside
The proposed investment by Vodafone in TeamTalk looks set to further deepen the strategic relationship between the two companies.
TeamTalk fights back against Spark's 'hostile takeover bid'
TeamTalk yesterday recommended that its shareholders reject Spark’s 'hostile takeover bid' of $0.80c per share because the price is far too low.
Cisco wraps up acquisition of AppDynamics
Together, the companies will aim to deliver visibility across the network, data centre, security, applications and to drive digital transformation.
Spark applies for TeamTalk acquisition clearance from ComCom
The Commerce Commission has acknowledged that it has received a clearance application from Spark for its proposed acquisition of TeamTalk.
This week's hustle and bustle in the Aussie channel
The channel in Aussie this week was more settled than last week (perhaps everyone was out celebrating St Paddy’s Day), however there was still action.
Another one bites the dust: This week's Kiwi channel wrap-up
While quieter than last week (perhaps everyone was out celebrating St Paddy’s Day), there was still a lot going on in the Kiwi channel this week.
Veeam ANZ head of alliances comments on HPE acquisition - "It's a smart move"
Veeam's Peter Bender says HPE's acquisition of Nimble will expand their storage portfolio to serve even more market segments.
Fortinet asks: Planning a merger? It’s time for a cybersecurity upgrade
M&A activity can offer CFOs a unique opportunity to ramp up cybersecurity levels with greater investment and integration.
HPE to fork out more than $1 billion in acquisition of Nimble Storage
The company has entered into a definitive agreement to acquire Nimble Storage in an attempt to bolster its presence in the hybrid IT market.
Inabox snaps up Logic Communications in second acquisition this year
Inabox has snapped up Perth-based managed IT and cloud service provider Logic Communications in a $1.5 million deal.
Microsoft ISV partners announce merger to bolster solution offerings
Microsoft Dynamics integrator, Sable37, has acquired a 50 percent stake of Payfields, a provider of payroll and HR processing technology.
Yahoo CEO forgoes annual bonus and gives it to employees in wake of data breach fallout
Yahoo CEO Marissa Mayer is foregoing her annual bonus and giving it back to employees after the giant data breach that hit the company in 2014.
MYOB's Paycorp acquisition to create 'brand new revenue stream'
The acquisition will be funded from the company’s existing cash reserves and is expected to be complete by 1 April 2017.
Tech Data wraps up multi-billion dollar acquisition of Avnet TS
The world's second largest distributor is finally coming to APAC after the recent acquisition of Avnet.
DWS snapping up SMS in $124 million deal
DWS is acquiring SMS Management and Technology to create a 'leading' IT services provider with the size and capability to fully service market.
Renesas snaps up Intersil - gross and operating margins expected to rise
"Renesas has transformed into an industry powerhouse with one of the most comprehensive set of advanced embedded solutions."
Meltwater acquires Oxford University AI spinout Wrapidity
Meltwater recently announced the acquisition of Wrapidity Limited, an artificial intelligence (AI) company that originated from Oxford University.
Brennan IT buys 50 percent stake in Fastrack Technology
The company has made a financial investment in Fastrack Technology, with the aim to share their expertise to achieve positive financial returns.
iTrinegy and WeiTech merge forces in Taiwan
Not looking to waste any time, the agreement is effective immediately and covers WeiTech’s Taiwan service territory.
Fusion5 snaps up Myriad IT to expand presence in Australasia
Australasian business solutions provider, Fusion5, has announced a merger with Australian technology business, Myriad IT.
Spark talks business with new acquisition on the horizon
“This offer is advantageous to TeamTalk shareholders in being an offer for the full TeamTalk business."
CA Technologies officially buys Automic
Founded in 1985, Automic has offices in Vienna, Paris, Asia Pacific Japan (APJ), and Bellevue.