Acquisition stories - Page 221

UPDATE: Infratil plans $120M return to shareholders; shares gain
Tue, 11th Nov 2014
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capital management
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shares
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infratil
Infratil shares rose to the highest in more than seven years after the infrastructure investor said it would return $120 million to investors via a.

MARKET CLOSE: NZX 50 rises to record on yield appetite; Spark, Fletcher gain
Mon, 10th Nov 2014
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healthtech
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stock market
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early childhood education
New Zealand shares rose to a fresh record, paced by Spark New Zealand, Fletcher Building and Contact Energy, as investors continued to be drawn to.

NZF in due diligence for reverse listing
Fri, 7th Nov 2014
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shares
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restructure
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liquidation
NZF Group, the listed financial services shell company blocked from liquidating by its major noteholder this year, is in due diligence for a possib.

Veritas buys bar owner for $31.2M, 4th purchase in 18 months; shares jump
Fri, 7th Nov 2014
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shares
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veritas investments
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investment
Veritas Investments' acquisition spree continues, bagging The Better Bar Group for £31.2M, propelling its shares and promising revenue soar.

Warehouse lifts 1Q sales by 3.5%, fattens margins at 'Red Sheds'
Fri, 7th Nov 2014
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ecommerce
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noel leeming
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the warehouse group
Warehouse Group's sales climb 3.5% in Q1, buoyed by new store openings and robust 'Red Shed' performance, fuelling investor optimism.

$10 million US acquisition for Xero
Fri, 7th Nov 2014
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fintech
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hcm
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financial systems
Xero is spending $10 million to acquire a small Seattle-based online payroll company, Monchilla, in order to accelerate its US expansion.

Kiwi company BCS Group sold to Japanese competitor
Wed, 5th Nov 2014
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software
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bcs group
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industrial
Daifuku acquires 80% of NZ's BCS Group, aiming to boost its airport baggage handling business and expand innovative tech solutions globally.

Vodafone axes staff as part of significant restructure
Wed, 5th Nov 2014
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uc
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telstraclear
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acquisition
Vodafone to cut up to 250 jobs in a major restructure, aiming to integrate former TelstraClear staff and systems by March next year.

Restaurant Brands pays $10.5M to take over operation of Carl's Jr burger chain in NZ
Wed, 5th Nov 2014
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supply chain
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employment
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market competition
Restaurant Brands New Zealand, the nation's largest fast food operator, agreed to buy seven Carl's Jr stores owned and operated by Forsgren NZ for.

Dicker Data pulling in $100 million/month
Mon, 3rd Nov 2014
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express data
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dicker data
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distributors
Dicker Data is on track to exceed AU$1 billion in revenue for the year, after recording stronger than expected Q1 results.

Get your head out of the sand - software and development the way forward
Fri, 31st Oct 2014
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devops
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apm
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software development
New global study from CA Technologies reveals companies focused on software and development outperform companies who aren’t.

Spark opens digital future with huge investment in cloud services
Fri, 31st Oct 2014
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storage
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uc
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iaas
Spark Digital opens $60 million Takanini Data Centre as the company continues its investment programme in cloud services.

EMC Corporation cloud updates to benefit NZ business
Thu, 30th Oct 2014
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cloud services
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emc
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acquisition
EMC Corporation has made its Enterprise Hybrid Cloud Solution available and has announced it has acquired three cloud technology companies.

Philips Cloud Base: Efficiency meets IT security
Thu, 23rd Oct 2014
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cybersecurity
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westcon-comstor
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distributors
Philips Cloud Base revolutionises enterprise IT, offering cost efficiency, top-notch security, and seamless management. Say hello to smarter IT.

Nine evergreen criteria to enable mobile collaboration
Thu, 23rd Oct 2014
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uc
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collaboration
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avaya
Unlocking the full potential of mobile collaboration: Tony Simonsen reveals the nine timeless criteria essential for businesses.

Aussies snap up Intergen
Tue, 21st Oct 2014
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microsoft
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intergen
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empired
Empired acquires Kiwi Intergen for AU$17.4m, creating the largest Microsoft services provider across the Tasman with 825 staff.

2degrees founder’s rumblings over ComCom mobile market monitoring
Mon, 20th Oct 2014
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smartphones
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uc
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personal computing devices
2degrees founder comes out swinging, saying the Commerce Commission is asleep at the wheel and has produced faulty information.

Facebook to take on Telco's with VoIP service
Wed, 8th Oct 2014
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uc
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facebook
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whatsapp
Facebook introduces VoIP, escalating competition with telcos by leveraging WhatsApp's vast user base for its new communications service.

HP takes huge step - a split is coming
Wed, 8th Oct 2014
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document management
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ecm
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martech
HP has confirmed it will split into two entities by November 2015: HP, Inc focusing on PCs and printers, and HP Enterprise on tech solutions.

Vodafone NZ slumps to $28 million loss
Fri, 3rd Oct 2014
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uc
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telstraclear
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acquisition
Vodafone New Zealand's financials are matching its logo for the first time in 13 years, as the company plunges into the red.