Dimension Data acquires Sydney managed IT security services firm Earthwave

10th May 2013. NTT subsidiary Dimension Data today announced that it is has fully acquired Earthwave Corporation Pty Limited (‘earthwave’), a privately owned Australian Managed Security Services Provider (MSSP). The value of the acquisition has not been disclosed but has been described as in the “tens of millions”. The acquisition is in line with South […]

NTT DATA Acquires Sydney SAP BI Firm Innogence for est. A$26m

12th Dec 2012. Tokyo-listed NTT Data Corp has announced the acquisition of Sydney-based SAP Business Intelligence services firm Innogence, through its SAP services subsidiary NTT DATA Business Solutions APAC, creating the largest SAP Business Analytics and SAP Database and Technology practice in Asia Pacific. The acquisition is believed to be mainly a cash transaction in […]

Fujifilm to Acquire Salmat’s BPO Business for A375m, 7.6 * underlying EBITDA

27th Aug 2012. Tokyo’s Fujifilm Holdings Corporation has announced that it signed a definitive agreement with Australia’s Salmat Limited (ASX:SLM) to acquire Salmat’s Business Process Outsourcing (BPO) division. The acquisition, worth A$375 million, covers all the shares of Salmat’s wholly-owned subsidiary Salmat Document Management Solutions (SDMS), SDMS’s 11 subsidiaries, as well as Salmat Asia Limited (SAL), SDMS’s […]

SingTel / Optus Acquires Restaurant Review Website Eatability for A$6m

27th July 2012. Invoking many puns (including “swallows”), Singapore Telecommunications Limited (ASX:SGT) has announced that its Australian subsidiary Optus Mobile Pty Limited has entered into a conditional agreement to acquire 100% of the share capital of Eatability Pty Limited, a company incorporated in Australia, for an aggregate cash consideration of A$6 million. Eatability was launched […]

NEC to Acquire IT Services Business of CSG for up to A$260m, 7.5*EV/EBITDA

30th May 2012. CSG Limited (ASX: CSV) has announced an agreement to sell its Technology Solutions business to NEC Australia, a wholly owned company of Tokyo-listed NEC Corporation(TYO:6701). The transaction, for CSG’s managed services, enterprise services and strategic consulting business, comprises a base consideration of A$227.5 million; and a potential earn-out payment of up to […]

iProperty Group Acquires vproperty in Macau for US$300k

8th May 2012. iProperty Group Ltd (ASX:IPP), owner of Asia’s No. 1 network of property portal sites under the iProperty brand (www.iproperty.com), announced that it had agreed to acquire vproperty.com, the clear leader in the Macau for USD300Kin cash. The acquisition extends the reach of the Group in the region with the Macau based portal […]

Wipro to Acquire Newcastle-based Analytics Firm Promax for A$35m, est 10*EBIT

30th April 2012. Wipro Limited (NYSE:WIT) today announced that it has signed an agreement to acquire Promax Applications Group (PAG), a leading player in trade promotion planning, management, and optimization solutions for A$35 million in cash, to help the software exporter tap the market for analyzing customer data as it looks to drive growth at […]

Infosys BPO Acquires Australian Sourcing Consultants Portland Group for $A37m, 5.7 times EBITDA

20th Dec 2011. Infosys BPO Limited, the business process outsourcing subsidiary of Infosys Limited (NASDAQ: INFY), today announced the signing of a definitive agreement to acquire all of the outstanding share capital in Australia-based Portland Group Pty Ltd, a leading provider of strategic sourcing and category management services. The purchase consideration for the deal is […]

e-Pay Asia To Go To Euronet after Tobikiri Capital Fails to Match A$12m Bid

6th Sept 2011. e-Pay Asia (ASX:EPY) has received a fourth (and likely final) buyout offer, from Euronet Worldwide for A$12 million, topping the most recent bid received from rival Tobikiri Capital. Tobikiri Pacital is a company controlled by Mr Simon Loh, Executive Chairman and Chief Executive Officer of e-Pay. In May 2010, e-Pay Asia called […]

Infosys Acquires the Software Solutions practice of Telecom New Zealand’s Services Arm Gen-i for NZ$5m

6th June 2011. Infosys Technologies (Nasdaq: INFY), India’s second-largest information technology (IT) services company, has announced the acquisition of the Software Solutions practice of Gen-i, the services arm of Telecom New Zealand (NZE:TEL), for NZ$5m. Gen-i is the corporate information and communication technology (ICT) arm of Telecom New Zealand, the largest telecom services provider in […]

Toshiba to Acquire “Aussie” Landis and Gyr for $US 2.3bn

19th May 2011. After a tightly fought contest, Swiss-based “Australian” Landis+Gyr today announced that Toshiba Corporation (TOKYO:6502) has entered into a definitive sale agreement under which Toshiba, one of the world’s leaders in electronics and power systems, will acquire Landis+Gyr, the global leader in energy management solutions for utilities, for US$2.3 billion in cash, to […]

NTT Communications to Acquire 70% Stake in Frontline Systems

11th May 2011. TOKYO, JAPAN and SYDNEY, AUSTRALIA— NTT Communications Corporation (NTT Com) and Frontline Systems Australia Pty Ltd (Frontline) today announced that NTT Com will purchase 70% of the issued shares of the Australian firm, which provides IT infrastructure, IT consulting and managed services. Financial terms have not been disclosed however press speculation is […]

Tobikiri Capital to Privatise E-Pay Asia Telecoms Business for A$8.55m

13th Apr 2011. E-Pay Asia Limited (ASX:EPY) has announced that it has entered into Heads of Agreement with Tobikiri Capital Ltd (Purchaser) for the sale of its operating subsidiaries that hold the Companies telecom businesses, which include prepaid mobile recharge operations in Malaysia, Thailand and Pakistan. The consideration offered by the Purchaser is $8,550,000, to […]

India’s OnMobile acquires Dilithium Networks’ 3G video technology

5th Oct 2010. Indian-listed OnMobile Global Ltd, India’s largest telecom value-added services (VAS) player, today acquired the leading 3G video technology and mobile solutions developed over eight years by Australian and Silicon Valley-based Dilithium Networks Inc. Financial terms have not been disclosed. Dilithium pioneered mobile video, authored the global standard for 3G video telephony, and […]

Sumitomo SPTS Invests A$5.2m in BluGlass and Joint Venture Announced

30th Aug 2010. Australian green technology innovator BluGlass Limited (ASX : BLG) today announced that it has entered a Joint Venture (JV) agreement with SPTS, a rapidly growing semiconductor process equipment company wholly owned by Sumitomo Precision Products (TYO: 6355). The purpose of the JV is to complete the development and commercialisation of BluGlass’ proprietary […]

Fuji Xerox Australia Acquires Upstream Print Solutions

31st July 2010. Fuji Xerox Australia Pty Ltd, a sales company of Japan-based Fuji Xerox Co., Ltd. and market leader in document outsourcing services in Australia, has announced the acquisition of Upstream Print Solutions Pty. Ltd., Australia’s largest independently-owned Managed Print Services (MPS) provider. The acquisition agreement was signed on July 30 and the transition […]

India’s Komli Media Acquires PostClick

10th June 2010. Komli Media, India’s largest and most successful digital media network platform, announced today that it has acquired PostClick, Australia’s leading premium website representation firm, to become the leading digital media network platform across Asia Pacific. Together, the company now reaches over 30 million monthly unique visitors across the region. Komli is backed […]

SEEK spends A$23.5m to take Malaysian JobStreet stake from 10.1% to 21.3%

25th March 2010. SEEK Ltd, owner of Australia’s largest employment classifieds site Seek.com.au, has upped its stake in Malaysia-based jobs portal owner, JobStreet. SEEK, which previously owned 10.1 per cent of JobStreet, spent A$23.5 million (US$21.42 million) to lift its shareholding in the company to 21.3 per cent. JobStreet runs classifieds sites through South-East Asia, […]

ESRI Australia/Boustead Acquires MapData Sciences for A$2.5m

26th Feb 2010. ESRI Australia, a subsidiary ofengineering firm Boustead Singapore Limited, has finalised its acquisition of MapData Sciences (MDS), an established Australian online digital mapping and hosting company with clients across a variety of industry sectors. The terms of the deal have not been disclosed. With more than 300 corporate clients spanning nine industries, […]

Temasek/ST Telemedia Acquires Eircom Holdings/Babcock & Brown Telco for A$224m

15th Sept 2009. Eircom Holdings (ASX:ERC), the former telecommunications arm of Babcock & Brown, has agreed to a $224 million takeover deal from a Singapore Technologies Telemedia special purpose vehicle, which could see the ASX-listed fund privatised. Eircom’s primary asset is 57% if Irish telecommunications firm Eircom. Singapaore Technologies Telemedia is 100% owned by Temasek, […]

Navis Capital/Leon Lau to Privatise PeopleBank at A$58m Market Cap

12th Aug 2009. PB Recruitment Pty Ltd, a subsidiary to Navis Capital Partners, has made an off-market cash takeover offer of 60c per share for all shares in ASX-listed Peoplebank Australia. This values Peoplebank at about $58.4 million. The offer price represents a 39.5% premium to the share price of 43c on August 11, 2009 and 59% […]

NTT Data Acquires 51% of Extend Technologies

31st Aug 2009. NTT Data has completed its acquisition of 51% of Queensland-based Extend Technologies as part of a strategy to expand its global footprint of specalised SAP consulting businesses. The acquisition took place through its subsidiary NTT DATA Asia Pacific Pte. Ltd, located in Singapore. It follows NTT Data’s majority stake acquisitions of Cirquent […]

Indian-based BPO firm Essar/Aegis to Acquire UCMS for A$54m

15th May 2009. Mumbai, India and Melbourne, Australia – Aegis BPO Services Australia Pty Limited, an affiliate of Aegis Limited, a leading global business process outsourcing (BPO) provider and part of Essar Group, one of India’s largest and fastest growing business conglomerates, and ASX-listed UCMS Group Limited, a leading BPO services provider in Australia, today […]