Acquisition stories - Page 210

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.

Dicker Data rebrands New Zealand's Express Data after successful year of operation, aiming to replicate Australian success.

Express Data NZ rebrands promising disruption to the volume market, new cloud offerings – while boss David Dicker calls out HP.

It all comes down to how much the buyer wants the transaction to happen and the drivers the vendor has for selling.

AVG Technologies bolsters its privacy arsenal by acquiring Privax, the esteemed provider of VPN services, for $40M plus potential bonuses.