Technology news for New Zealand's largest enterprises
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Alibaba nabs 33% stake in Alipay operator Ant Financial
Back in 2014, Alibaba affiliate Small and Micro Financial Services Company changed its name to Ant Financial.
SAP ink $2.4 billion agreement to acquire CallidusCloud
SAP says the acquisition gives them immediate leadership in the lead to money space.
Hal Group acquires Melbourne based BusinessWork for $1.3m
BusinessWorks is to be integrated into Hal Group following the settlement of the purchase by its parent company, Consolidated Operations Group.
Bye bye bankruptcy: Avaya acquires contact centre as a service provider
It was only late last year when Avaya was cleared of bankruptcy, but the communications vendor is wasting no time in growing its business.
Veeam secures cloud market share with acquisition of AWS specialist
With AWS holding 44.2% of the multi-billion dollar IaaS market, this acquisition positions Veeam well for potential further growth.
FireEye Picks up X15 Software in big data push
FireEye says the acquisition is expected to give them significant additional data management capabilities.
Ingram Micro parent company denies buyout claims
Tianjin Tianhai says Ingram Micro is an important asset and it isn’t looking to unload it anytime soon.
Connexion snaps up local IT service provider Security Shift
Connexion says the deal will be valued at $5 million upon completion.
New cartel law spurs release of ComCom's competitor collaboration guidelines
The updates to the guidelines are a result of amendments to the law – specifically the Commerce (Cartels and Other Matters) Amendment Act 2017.
Polycom announces acquisition of Obihai Technology
The combination is expected to expand the markets available to Polycom solutions for its worldwide network of channel partners.
Rejected: Gemalto shuns ‘unfriendly’ takeover bid by Atos
Gemalto has slammed an unsolicited acquisition bid from European digital enterprise Atos because the proposal significantly undervalues the company.
Will Atos be successful in its 'unsolicited' mission to buy out Gemalto?
In what Gemalto is calling an ‘unsolicited’ acquisition bid, the company says it is reviewing an offer put to the company by European firm Atos.
Private equity firm buys out Barracuda Networks for $1.6b
Barracuda Networks will soon be under the wing of private equity investment firm Thoma Bravo – an acquisition worth $1.6 billion.
Macquarie offers to buy Aussie cloud company for $18m
“Bulletproof has experienced a deterioration of earnings over the last 18 months.”
McAfee continues 'pure play' mission into cloud security through Skyhigh Networks buyout
In an email to stakeholders McAfee CEO Chris Young says Skyhigh is an ‘ideal complement’ to McAfee’s strategy.
Marvell pushes further into data center space with $6b Cavium acquisition
Once the companies have merged, Marvel is estimated to have $3.4 billion in annual revenue.
Broadcom completes $5.9 Billion acquisition of Brocade
The deal was first announced in November last year but had experienced delays.
Rackspace completes its largest acquisition to date
“This acquisition demonstrates our commitment to become the world’s number one provider in IT as a service."
MYOB buys Reckon’s Accountant Group for $180 million
“This is a fantastic opportunity for us and an exciting step forward for the future of the accounting industry.”
Spark buys Auckland telco company in small but tactical move
Ed Hyde, CEO Spark ventures & wholesale, says the acquisition, while relatively small for Spark, is a smart, tactical investment.
Barracuda bolsters cloud platform with Sonian acquisition
Barracuda the acquisition will also expand their channel reach with the addition of key OEM partners.
Lenovo buys majority stake in Fujitsu PC business
Lenovo has acquired a controlling stake in Fuitsu’s PC business in a JPY 17.85 billion-plus deal as it seeks to shore up its PC business.
Deloitte acquires local consultancy to expand enterprise offerings
JKVine will bring platform test management, test execution platform monitoring and optimisation capability to the Deloitte portfolio.
Apple acquires NZ wireless charging developer PowerbyProxi
Earlier this year, Apple gave a sneak peek of AirPower, an Apple-designed wireless charging accessory coming in 2018.