Technology news for Australia's largest enterprises
Mergers and Acquisitions
These search results are from across the Techday network of sites
Microsoft ISV partners announce merger to bolster solution offerings
Microsoft Dynamics integrator, Sable37, has acquired a 50 percent stake of Payfields, a provider of payroll and HR processing technology.
Yahoo CEO forgoes annual bonus and gives it to employees in wake of data breach fallout
Yahoo CEO Marissa Mayer is foregoing her annual bonus and giving it back to employees after the giant data breach that hit the company in 2014.
MYOB's Paycorp acquisition to create 'brand new revenue stream'
The acquisition will be funded from the company’s existing cash reserves and is expected to be complete by 1 April 2017.
Tech Data wraps up multi-billion dollar acquisition of Avnet TS
The world's second largest distributor is finally coming to APAC after the recent acquisition of Avnet.
DWS snapping up SMS in $124 million deal
DWS is acquiring SMS Management and Technology to create a 'leading' IT services provider with the size and capability to fully service market.
Renesas snaps up Intersil - gross and operating margins expected to rise
"Renesas has transformed into an industry powerhouse with one of the most comprehensive set of advanced embedded solutions."
Meltwater acquires Oxford University AI spinout Wrapidity
Meltwater recently announced the acquisition of Wrapidity Limited, an artificial intelligence (AI) company that originated from Oxford University.
Brennan IT buys 50 percent stake in Fastrack Technology
The company has made a financial investment in Fastrack Technology, with the aim to share their expertise to achieve positive financial returns.
iTrinegy and WeiTech merge forces in Taiwan
Not looking to waste any time, the agreement is effective immediately and covers WeiTech’s Taiwan service territory.
Fusion5 snaps up Myriad IT to expand presence in Australasia
Australasian business solutions provider, Fusion5, has announced a merger with Australian technology business, Myriad IT.
Spark talks business with new acquisition on the horizon
“This offer is advantageous to TeamTalk shareholders in being an offer for the full TeamTalk business."
CA Technologies officially buys Automic
Founded in 1985, Automic has offices in Vienna, Paris, Asia Pacific Japan (APJ), and Bellevue.
Dell + EMC: Driving digital transformation and the 3rd Platform
“So why did we do the merger with EMC? We did it because we believe that companies are going through a huge digital transformation."
Trello snapped up by Atlassian
“We’re as committed to our original vision and brand as we were on launch day but we now have more firepower to fulfill that mission.”
Microsoft wraps up LinkedIn deal – What now?
"Today marks the beginning of a journey to bring together the world’s leading professional cloud and the world’s leading professional network."
Remesys & Pivot Software announce trans-Tasman merger
Two talent management software providers on both sides of the Tasman are joining forces and becoming one company in order to grow across Asia Pacific.
Is Samsung about to sell its PC business?
“Lenovo, already the world’s largest PC supplier, is continuously seeking opportunities to further grow its core business in the global market."
Achieving milestones: The gloves are off for this IT MSP enabler
SolarWinds MSP announced the most rapid integration progress achieved to date, as SolarWinds N-able and LOGICnow transition to a unified brand.
Voyager buys NZ’s first internet provider
“Acquiring Actrix allows us to more closely connect with NZ consumers & provides economies of scale that will allow us to compete more aggressively."
Exclusive Autotask event speaks candidly about mergers & acquisitions
IT industry executives gathered at a low-key roundtable event at the Hilton Auckland yesterday to discover how Autotask is shaping the industry.
NZME/Fairfax merger: No way, says ComCom
"Removal of this competitive tension would likely lead to a reduction in the quality and quantity of NZ news content both online and print."
CenturyLink 'extends reach' through $34 billion buyout of Level 3 Communications
Global IT company CenturyLink is spending around $34 billion to buy out Fortune 500 and global communications company Level 3 Communications.
Qualcomm spends up large, nets NXP Semiconductors for $47 billion
Semiconductor manufacturer NXP will now become part of the global giant Qualcomm, after the acquisition was unanimously approved by company boards.
Why Managed Service Providers must change - or die
The managed service provider (MSP) space is experiencing an explosion of merger and acquisition (M&A) activity, with new announcements made daily.