Acquisition Stories - Page 231

Kiwi Stories

Acquisition stories

Dicker Data slashes headcount

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%.

By Heather Wright • 2 min read • Mon, 2nd Mar 2015

NZX

NZX head of policy & legal Robin Dey resigns, position split

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.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Gentrack

Gentrack affirms 2015 profit guidance, looking at acquisitions

Gentrack Group, which develops utilities and airports software, affirmed its annual profit guidance and said it is looking at potential acquisitions.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Veritas 1H profit falls on acquisition costs; FY earnings to be at low end of guidance

Veritas Investments, the food and beverage investor, reported a 16 percent decline in first-half profit as acquisition costs mounted during a buying s.

By Pattrick Smellie • 3 min read • Thu, 26th Feb 2015

Taxation

Intueri misses annual earnings forecast on New Zealand performance

Intueri Education Group, New Zealand's largest private training college, missed its annual earnings forecast as its New Zealand businesses lagged behi.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Turners & Growers full-year profit falls 1.9% on processing, NZ trading losses

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.

By Pattrick Smellie • 2 min read • Thu, 26th Feb 2015

Risk & Compliance

ServiceNow acquires Intreis, launches new GRC offering

ServiceNow, the enterprise cloud company, has announced it is acquiring Intreis and is expanding its governance, risk and compliance (GRC) offering.

By Catherine Knowles • 3 min read • Wed, 25th Feb 2015

Partner Programmes

UPDATE: Ebos, heading for record annual earnings, sees Asia opportunities in medium term

Ebos, which is heading for a record profit this year, sees opportunities to expand into Asia in the medium term, possibly in partnership with its bigg.

By Pattrick Smellie • 3 min read • Wed, 25th Feb 2015

Metlifecare

Metlifecare expects to increase FY profit about 13% as it expands in high-value areas

Metlifecare, New Zealand's second-largest listed retirement village operator, signalled full-year underlying profit may rise about 13 percent as it ex.

By Pattrick Smellie • 3 min read • Wed, 25th Feb 2015

Cloud Services

Updated: Westcon resellers: the time for cloud is now

Westcon aims to be one of the best cloud distributors in the world, says Darryl Grauman, Westcon APAC Services and Cloud director.

By Shannon Williams • 4 min read • Wed, 25th Feb 2015

Freightways

Freightways first-half profit jumps 21% as sales, margins grow from couriers, data management

Freightways posted a 21 percent gain in first-half profit after lifting sales and fattening margins at its courier and information management units.

By Pattrick Smellie • 3 min read • Mon, 23rd Feb 2015

Steel & Tube

Steel & Tube posts 35% gain in first-half profit on uplift in construction

Steel and Tube shines with a robust 35% profit surge, buoyed by the booming construction sector and strategic acquisitions.

By Pattrick Smellie • 2 min read • Thu, 19th Feb 2015

Gaming

Netflix to add ANZ 'local flavour' - but where's the Kiwi content?

There is no confirmed comment yet on what, if any, New Zealand-made content will be made available through Netflix.

By Shannon Williams • 1 min read • Thu, 19th Feb 2015

Global Stories

Acquisition stories

Brocade

Brocade snaps up mobile SDN start-up

Brocade is planning to extend its new IP role to mobile networks with the acquisition of mobile SDN start-up Connectem.

By Heather Wright • 2 min read • Tue, 3rd Mar 2015

NZX

Vista annual profit falls less than forecast as sales climb 55%

Vista Group International, the cinema software and analytics company, reported a smaller drop in annual profit than forecast in last year's offer docu.

By Pattrick Smellie • 3 min read • Fri, 27th Feb 2015