Acquisition stories
Blue Coat is being sold to private investment firm Bain Capital for US$2.4 billion, in preparation for a return to the public markets.
Violin Memory, the flash storage provider, has a new country manager for Australia and New Zealand to aid expansion in this market.
IDC says HP's acquisition of Aruba could be a key strategic move for HP – however, the analyst firm has flagged a number of challenges ahead.
For local resellers and system integrators, this is an opportunity to expand their product portfolios and capabilities.
Worldwide server market revenues increase 1.9% in the fourth quarter as demand in china once again drives the market forward, says IDC.
MyMac, Australian based Apple reseller, will be acquired and rolled up with Monsta Industries, the Mac accessories wholesaler.
HP's acquisition of Aruba Networks means HP, when it absorbs Aruba, will finally make the jump up the WLan vendor ladder to number two slot.
Spark New Zealand, formerly Telecom Corp, agreed to sell its Telecom Rentals business for $106 million to Australian financial services company FlexiG.
Brocade is planning to extend its new IP role to mobile networks with the acquisition of mobile SDN start-up Connectem.
Vista Group International, the cinema software and analytics company, reported a smaller drop in annual profit than forecast in last year's offer docu.
Mobile payments are not yet a driver of handset sales. Few people will be basing their phone purchasing decisions on mobile payment functionality.
Emulex Corporation is continuing to invest in New Zealand's education sector and develop its next generation of engineering talent.
Shoply has acquired online retail website eStore.com.au in a deal designed to add depth to Shoply's current office technology offering.
Dicker Data cuts 110 jobs post-Express Data merger, incurring AU$4 million in restructure costs, while revenue for the consolidated entity soars 121.8%.
Social media & mobile devices have ushered in a new era of talent acquisition, providing new avenues and methods for connecting with candidates.
NZX head of policy and legal Robin Dey has resigned after seven years with the company, and her role has been split by the stock market operator.
Gentrack Group, which develops utilities and airports software, affirmed its annual profit guidance and said it is looking at potential acquisitions.
Veritas Investments, the food and beverage investor, reported a 16 percent decline in first-half profit as acquisition costs mounted during a buying s.
Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.
Turners and Growers reports a 1.9% decline in full-year profit to NZD $16.6 million, attributing losses to processed foods and New Zealand trading pressures.