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Acquisition Stories - Page 225

Global Stories

Acquisition stories

Smiths City names 'turnaround specialist' Roy Campbell as CEO
Shares

Smiths City names 'turnaround specialist' Roy Campbell as CEO

Smiths City Group, the Christchurch-based retail chain, named Roy Campbell as chief executive, replacing Rick Hellings, who departs after 15 years as.

By Pattrick Smellie • 1 min read • Tue, 14th Apr 2015
Network Professional Services wins Centrify APAC partner award
Partner Programmes

Network Professional Services wins Centrify APAC partner award

Centrify has introduced its inaugural Centrify Channel Partner Network Awards Program and announced the company's top performing channel partners.

By Anthony Caruana • 1 min read • Mon, 13th Apr 2015
NZ's CallPlus acquired by Aussie telco for $250m
Unified Communications

NZ's CallPlus acquired by Aussie telco for $250m

CallPlus has been acquired by M2 Group, the Australian-based telecommunications and utilities provider, for NZ$250 million.

By Catherine Knowles • 2 min read • Mon, 13th Apr 2015
World Week Ahead: US earnings top agenda
Power / Energy

World Week Ahead: US earnings top agenda

US corporate earnings will take centre stage in the coming days with companies such as JPMorgan Chase, Wells Fargo, Johnson & Johnson and Intel report.

By Pattrick Smellie • 4 min read • Mon, 13th Apr 2015
Citrix buys Grasshopper to strengthen cloud-based comms for SMBs
Virtualisation

Citrix buys Grasshopper to strengthen cloud-based comms for SMBs

Citrix has entered into a definitive agreement to acquire Grasshopper Group, a provider of cloud-based telephony solutions for small businesses.

By Shannon Williams • 2 min read • Fri, 10th Apr 2015
Air NZ and Canada's Aimia buy Waikato University's 11Ants
Air New Zealand

Air NZ and Canada's Aimia buy Waikato University's 11Ants

Air New Zealand and Canadian marketing and loyalty analytics company Aimia have bought Waikato University spinoff 11Ants Analytics for an undisclosed.

By Pattrick Smellie • 2 min read • Thu, 9th Apr 2015
Cisco unleashes extended security offerings
Malware

Cisco unleashes extended security offerings

Cisco escalates its cybersecurity game, focusing on malware detection and response to fortify businesses against evolving threats.

By Catherine Knowles • 4 min read • Wed, 8th Apr 2015
Microsoft finalises acquisition of Revolution Analytics
Data Analytics

Microsoft finalises acquisition of Revolution Analytics

Microsoft has officially closed an acquisition agreement with Revolution Analytics, the statistical software company behind the open source software R.

By Catherine Knowles • 2 min read • Tue, 7th Apr 2015
Aussies to buy Spark's international voice business
Unified Communications

Aussies to buy Spark's international voice business

My Net Fone, an ASX-listed provider of hosted voice and data communications services, will buy Spark NZ's international voice business for $22.4M.

By Pattrick Smellie • 2 min read • Thu, 2nd Apr 2015
MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr
Fintech

MYOB IPO and ASX listing unlikely to weigh on Xero: ForBarr

Arrival of MYOB Group, the Australian accounting software firm, on the Australian Stock Exchange is unlikely to weigh on the dual-listed rival Xero.

By Pattrick Smellie • 3 min read • Wed, 1st Apr 2015
HP NZ reports $16 million loss, despite improving sales
Hyperscale

HP NZ reports $16 million loss, despite improving sales

Despite a 6.6% sales boost to NZD $592.3 million, HP New Zealand faced a significant NZD $16 million loss in 2014, hampered by high expenses.

By Heather Wright • 3 min read • Wed, 1st Apr 2015

Stories from Other Regions

Acquisition stories

Just Water agrees to sell Australian business for A$11 million to Waterlogic
Sales

Just Water agrees to sell Australian business for A$11 million to Waterlogic

Just Water International, the water cooler and supplies business 79 percent owned by founder Tony Falkenstein, has agreed to sell its Australian busin.

By Pattrick Smellie • 2 min read • Mon, 13th Apr 2015
Zeta Resources makes bid for Pan Pacific Petroleum, valuing target at A$29.4M
Shares

Zeta Resources makes bid for Pan Pacific Petroleum, valuing target at A$29.4M

Zeta Resources, the ASX-listed investment group advised by Duncan Saville's ICM unit, has made a full takeover bid for Pan Pacific Petroleum, valuing.

By Pattrick Smellie • 2 min read • Fri, 10th Apr 2015
Turners subsidiary buys small insurance company, seeks more to grow scale
Turners

Turners subsidiary buys small insurance company, seeks more to grow scale

Turners Limited, the listed finance lender taken over by Dorchester Pacific last year, has acquired the first of a number of small insurance companies.

By Pattrick Smellie • 2 min read • Fri, 10th Apr 2015
Fishing company Sanford looks to lay off 232 Christchurch staff
Government

Fishing company Sanford looks to lay off 232 Christchurch staff

Sanford, New Zealand's largest listed fishing group, is in consultations with 232 staff who look likely to lose their jobs at the company's Christchur.

By Pattrick Smellie • 3 min read • Thu, 9th Apr 2015
The Icehouse signs trans-tasman partnership deal
Icehouse

The Icehouse signs trans-tasman partnership deal

The Icehouse and muru-D, the Australian start-up accelerator, have entered a partnership for the benefit of start-ups on both sides of the Tasman.

By Catherine Knowles • 2 min read • Wed, 8th Apr 2015
Veritas says failure of four Mad Butcher franchisees 'coincidence of timing'
Veritas

Veritas says failure of four Mad Butcher franchisees 'coincidence of timing'

Veritas Investments, the food and beverage investor, has responded to media reports about the financial health of its Mad Butcher brand by saying the.

By Pattrick Smellie • 2 min read • Tue, 7th Apr 2015
Dulux takes $15.2 million hit in IRD tax dispute
Taxation

Dulux takes $15.2 million hit in IRD tax dispute

DuluxGroup settles a long-standing tax dispute with New Zealand's IRD, taking a USD $15.2 million hit to cover provisions, including USD $8.9 million in cash.

By Pattrick Smellie • 2 min read • Tue, 7th Apr 2015