MYOB acquires bank transaction business BankLink for NZ$136m (A$114m)

14th May 2013. MYOB Holdings Pty Limited (“MYOB”), today announced that one of its subsidiaries has signed an agreement to purchase bank transaction data firm BankLink from Media Transfer Services Limited (MTS). BankLink automates and streamlines the accounting process for over 4,500 accounting practices and 320,000 small business clients across New Zealand, Australia, and the […]

Telecom NZ acquires NZ cloud data centre and infrastructure services firm Revera for NZ$96.5m, est 6.43*2013 EBITDA

29th Apr 2013. Telecom Corp of New Zealand (NZE:TEL, “Telecom”) has announced it has signed a conditional agreement to acquire 100% of the ordinary shares of privately-owned New Zealand IT infrastructure and data centre company Revera Limited for NZ$96.5m, including debt. For the year ended 31 March 2013 Revera earned total revenues of approximately NZ$50m […]

Datasquirt Relists on the NSX as Enprise Group in A$1.74m IPO

1st Feb 2013. Former ASX-listed New Zealand company Datasquirt has relisted on Australia’s “second board”, the NSX, in a $1.74m IPO, named Enprise Group (NSX:ENS). This follows: the sale of Datasquirts business interests to American call centre provider LiveOps in Novermber 2011 for A$12.5m A distribution to Datasquirts shareholders of A$10m The delisting of Datasquirt from […]

US HR Cloud Firm Cornerstone OnDemand Acquires NZ-based Sonar Limited for US$14m

8th March 2012. Cornerstone OnDemand (NASDAQ:CSOD), a global leader in cloud-based talent management solutions, has announced that it has entered into an agreement to acquire privately held Sonar Limited (“Sonar6”). Based in Auckland, New Zealand, Sonar6 is a leading provider of cloud-based talent management solutions serving small businesses globally. Cornerstone will pay approximately $13 million […]

UXC Acquires NZ-based Oracle JD Edwards Specialist Jireh Consulting

10th Feb 2012. UXC Limited (ASX:UXC) has announced that it’s wholly owned subsidiary Red Rock Consulting has completed the acquisition of all the shares of Aukland-based JD Edwards Consulting firm Jireh Consulting Services Ltd (Jireh). Terms for the acquisition have not been disclosed however UXC advised it to be immediately accretive to earnings per share. […]

NZ’s Datasquirt Sells Its Call Center Software Business For US$12.5 million to LiveOps Inc

21st Nov, 2011. New Zealand-based Datasquirt Limited (ASX:DSQ) is pleased to announce the conditional sale of its complete business to LiveOps, Inc., a leading US call centre applications provider, for US$12.5 Million, a 37% premium over Datasquirt’s current market capitalization. Datasquirt has entered into an asset purchase agreement to sell substantially all of the assets […]

SAP to Acquire NZ 3-D Software Firm Right Hemisphere

9th Sept 2011. Enterprise software firm SAP AG (NYSE: SAP) has announced it will acquire Right Hemisphere, a leading provider of visual enterprise solutions based in San Ramon, California, and Auckland, New Zealand. The purchase price has not been disclosed. Founded in 1997 by kiwi Mark Thomas, Right Hemisphere is a privately held corporation based […]

Media FIrm APN Acquires Catalogue Distribution Business CC Media and NZ Sports Tipping Site Jimungo

18th Aug 2011. APN News & Media Limited [ASX, NZX:APN] today announced two key digital acquisitions in Australia (digital catalogue distribution business CC Media) and New Zealand (sports tipping site Jimungo) as part of the company’s strategy of building APN’s position and capabilities in key digital markets. Terms for the acquisitions have not been disclosed. […]

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 […]

Fiserv Acquires Kiwi Firm M-Com for Est. US$40m to Enhance Mobile Payments Offering

28th Feb, 2011. Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that it has acquired Mobile Commerce Ltd. (M-Com), an international mobile banking and payments provider, to enhance Fiserv’s existing mobile channel capabilities. The two companies have been partners since 2008, developing and delivering Mobile Money from Fiserv […]

Datatec / Westcon Acquires NZ Distributor Datastor

1st Oct 2009. Westcon Group Pty Ltd, a subsidiary of US company Westcon Group Inc, owned by Johannesburg Stock Exchange and the AIM -listed Datatec, has announced the acquisition of Datastor (NZ) Limited, a leading New Zealand distributor of Storage, Virtualisation and Data Center solutions. The transaction further strengthens Westcon Group’s footprint in the Asia […]