TelcoNews Australia - Telecommunications news for ICT decision-makers

Acquisition stories - Page 154

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Intel unveils its 3D NAND Solid State Drives

Fri, 26th Aug 2016
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The company says its new solid state drives are a cost-effective replacement for traditional hard disk drives.
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APAC the driving force behind Megaport's FY16 revenue

Thu, 25th Aug 2016
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megaport
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financial results
Megaport's revenue up by 80% this year, with majority generated in Asia-Pacific units, says CEO Denver Maddux.
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Service providers struggling in declining Asia Pacific IT services market

Thu, 25th Aug 2016
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it services
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modernisation
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analyst report
Top IT firms in APeJ grapple with market shrinkage and stiffer competition, as sector faces 2.1% slump amid economic shifts.
Finance up

Dicker Data adds additional $58.8m in sales in first half of 2016; NPAT up 25%

Wed, 24th Aug 2016
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Dicker Data is continuing its growth trajectory, with revenue and profit both up for the first half of 2016 with growth across old and new vendors.
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Deloitte Consulting nabs Nimble Storage's ANZ partner of the year

Wed, 24th Aug 2016
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storage
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partner programmes
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deloitte
Deloitte Consulting named partner of the year by Nimble Storage at ANZ partner conference. Other winners announced.
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Vocus revenue, profits soar on back of M2 merger

Tue, 23rd Aug 2016
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vocus group
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acquisition
Vocus profits have soared 461% on the back of its merger with M2 Group earlier this year, in what the company says has been a 'transformational year'.
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Accenture buys out security firm Redcore for an undisclosed price tag

Tue, 23rd Aug 2016
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m&a
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redcore
Accenture has acquired Australian cloud consulting and security provider Redcore to expand its cybersecurity offerings in the Asia-Pacific region.
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Lenovo begins its new fiscal year with a difficult quarter

Tue, 23rd Aug 2016
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After acquiring Motorola and IBM's System x server business, Lenovo's fiscal 1Q17/calendar 2Q16 earnings revealed lingering growing pains.
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Data#3 profit surges as $1 billion revenue mark looms

Mon, 22nd Aug 2016
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acquisition
Data#3's profits soar by 30.4%, poised to hit a £1bn revenue as it pivots towards service-centric IT solutions amidst a tech evolution.
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Cisco Services' revenues continue to expand

Mon, 22nd Aug 2016
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digital transformation
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martech
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omnichannel
As Cisco transitions the business model, the savings from global headcount reductions will be invested to further expand software and services.
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2degrees' lips are sealed on rumoured Australian telco sale

Mon, 22nd Aug 2016
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vodafone
2degrees remains tight-lipped on speculation about a possible AUD $900 million acquisition by Australian telco TPG, quelling merger rumours.
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Cloud components market set to soar as vendors bolster portfolios

Mon, 22nd Aug 2016
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network infrastructure
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hybrid cloud
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converged infrastructure
Vendors are looking at new technologies to drive long-term growth, including hyperconverged platforms, SDN and hybrid cloud solutions.
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JB Hi-Fi profit climbs on back of Dick Smith departure

Thu, 18th Aug 2016
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sales
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computers
Dick Smith Electronics' failure has had a golden lining for JB Hi-Fi, which has seen its profit and sales climb since DSE's exit from the market.
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Count 'em up: More big names strike out at Sky-Vodafone merger

Thu, 18th Aug 2016
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tvnz
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sky
Blue Reach, Freeview, InternetNZ, Spark, Trustpower, TUANZ, TVNZ and 2degrees all have serious concerns about the Sky-Vodafone merger.
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'We're at a turning point' - Spark pleased despite profit drop

Thu, 18th Aug 2016
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sky
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spark
Spark says mobile and platform IT services now outweigh declining areas of the business, which Spark's chairman says reflects a turning point.
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Spark cries foul: Sky-Vodafone merger officially opposed

Tue, 16th Aug 2016
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sky
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m&a
Spark has formally announced that it is opposing the Sky TV/Vodafone merger, citing Sky's unfair monopoly on the wholesale sports content market.
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AVG publishes 2Q16 results ahead of merger with Avast

Mon, 15th Aug 2016
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avg technologies
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avast
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m&a
AVG has announced its second quarter 2016 financial results, bringing in $105 million ahead of its merger with Avast in the coming months.
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HPE acquires SGI for $275 million to capture global 'data explosion'

Mon, 15th Aug 2016
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data analytics
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martech
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planning
HPE continues its investment in big data technology as the company acquires SGI, a data analytics, data management and compute solutions provider.
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Security review sees US$6b Ingram Micro sale delayed

Mon, 15th Aug 2016
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ingram micro
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distributors
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acquisition
The completion date for Ingram Micro's sale to Tianjin Tianhai has been delayed to enable a US review of security implications to be completed.
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Blue Coat to the rescue: Symantec's declining revenue 'will end'

Fri, 12th Aug 2016
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symantec
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blue coat
Symantec's eight-quarter revenue decline will stop in 3Q16, thanks to acquisition of Blue Coat, says TBR analyst.