The latest in entrepreneurial technology news for Kiwis
Mergers and Acquisitions
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Spirit eyes MSP market with $2.3 million acquisition
Spirit to expand its service offering into the MSP sector with the acquisition of Arinda IT.
ComCom grants clearance for Infratil to acquire shares in Vodafone
The Commerce Commission has granted clearance for Infratil Limited to acquire up to 50% of the shares in Vodafone New Zealand.
GTT to acquire KPN International
“The acquisition of KPN International deepens our market presence in the European region."
Kroll expands into Australia with Enex Carbon acquisition
The Enex Carbon team will join Kroll’s Cyber Risk practice and will be led by managing director and Asia Pacific leader Paul Jackson.
HCL Technologies closes acquisition of IBM products
Company launches HCL Software business unit to operate the enterprise software offerings.
NTT fuses 28 tech companies into new provider
The merger will include some of NTT’s biggest businesses, including NTT Communications, NTT Security, and Dimension Data.
Mega-merger shakes up NZ IT sector
The merger makes One Technology the country’s largest collaboration of business data and managed service providers.
Exclusive Networks forges UC unit from two subsidiaries
The business operations of Transition Systems will continue as a distinct Unified Communications business unit under the Exclusive Networks banner.
Base 2 and Ginger IT announce merger to strengthen capabilities
“There is a history of personnel, consultancy and leadership across the businesses so an amalgamation of the two teams felt like a logical progression.”
Sophos acquires Rook Security to provide managed detection and response
As a channel-first security provider, Sophos will deliver the new MDR services through its network of approximately 47,000 channel partners worldwide.
DDN completes Nexenta acquisition
DDN holds a suite of products, solutions, and services that aim to enable AI and multi-cloud.
Infratil seeks clearance to acquire up to 50% stake in Vodafone NZ
The commission will give clearance to a proposed merger if they are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.
HPE to acquire supercomputing leader Cray
“Cray is a global technology leader in supercomputing and shares our deep commitment to innovation."
AI driving 'unprecedented' M&A growth
Breakthroughs in artificial intelligence are causing ‘unprecedented’ growth for mergers and acquisitions, as companies grapple for their share of an AI market that will be worth $190 billion by 2025.
Zayo set to be acquired in $14.3 billion transaction
“I am confident this partnership with EQT and Digital Colony will empower Zayo to accelerate its growth and strengthen its industry leadership.”
Qlik closes $560m acquisition of data management firm Attunity
Qlik says it will make sure that Attunity products continue to support and integrate with all the market's leading cloud, data, analytics and business intelligence environments.
DC BLOX invests in the acquisition of Ploid
DC BLOX has signalled its intentions for expansion in the southeastern United States with the addition of Ploid to bolster its arsenal.
Spirit Telecom buys LinkOne Group for $5.7m
The company says it will continue to expand its wireless network through Brisbane, Sydney, and Melbourne in order to provide high-speed B2B internet services to more businesses.
Shareholders vote 'yes' to Trade Me sale
In a vote cast yesterday, 66.08% of the 396,973,029 shares voted. Of those, 99.29% were in favour of the acquisition. 0.71% voted against.
Pure Storage makes hybrid cloud play with new acquisition
The idea of hybrid cloud has immersed the world of IT since its inception, and now Pure Storage is accelerating its vision.
5GN takes over Melbourne Data Centre for $5.7m
In a move it says is ‘another completion of the infrastructure puzzle’, 5G Networks (5GN) has announced the acquisition of Melbourne Data Centre (MDC).
Park Place acquires MCSA Group to extend UK footprint
Park Place will take over all of the UK-based business-critical IT services and solution provider’s business across six offices in the UK, including one in Scotland.
ON Semiconductor acquiring Quantenna with $1b cash bid
In a major business manoeuvre, ON Semiconductor has announced the acquisition of Quantenna Communications.
Carbonite closes $618.5m buyout of security firm Webroot
Webroot former CFO John Post will lead the new Webroot business unit as senior vice president and general manager. He will report to Carbonite president and CEO Mohamad Ali.