Consumer technology news from the future
Mergers and Acquisitions
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Autodesk, Splunk, PTC amongst top IT firms ripe for M&A
GlobalData predicts that well-positioned companies like Splunk, Autodesk and PTC are likely to be top of the wishlist – here’s why.
Instalment service provider PartPay acquired by Australian player Zip
The acquisition gives Zip exposure to four key geographies – New Zealand, United Kingdom, United States and South Africa.
Vodafone NZ to launch 5G services by December
Vodafone has been officially sold, and 5G is coming as soon as December this year.
Intel to sell smartphone modem business to Apple
Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases.
Two Dutch data centers on track for merger
The Datacenter Group and NLDC Datacenters are about to be amalgamated under a single brand, after new owner DWS decided to merge the two companies.
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.