Acquisition stories
Brocade has signed an OEM deal with Lenovo which will see its Gen 5 Fibre Channel SAN solutions being sold through Lenovo and its channel partners.
Seagate Technology has acquired Dot Hill Systems, a supplier of software and hardware storage systems, for approximately $694 million.
CSG has snapped up New Zealand IT services company CodeBlue, which will provide support desk service delivery for CSG across ANZ.
Auckland-based national IT services company CodeBlue has been snapped up by Australia's CSG in a deal worth up to $15 million.
CSG inks deal to become channel partner for cloud-based UC and contact centre solutions provider 8x8 as it cracks $200 million in revenue.
In the age of hyper connectivity, VoIP is enjoying a very mainstream renaissance across business and consumer usage.
Lenovo cuts 5% of its workforce and streamlines mobile division in the wake of slowing growth and increased competition.
CEOs continue to transform their organisations and are more concerned about product relevance, customer loyalty and keeping current with new tech.
Qualcomm Atheros has acquired Ikanos Communications for an estimated $47 million, expanding their footprint in the carrier fixed line segment.
Accenture has acquired cyber security company FusionX to strengthen its security practice and help clients defend against cyber attacks.
Dicker Data is looking to its future after completing an institutional placement to raise $40.24 million and a $10.5 million sell down by its founders.
Blue Coat acquires enterprise cloud data protection vendor Perspecsys to grab a share of the exploding cloud security market.
Ingram Micro has taken a financial hit for the second quarter of 2015, recording a net loss of US$34 million in its global financials.
Trade Me posted a similar profit for its 2015 financial year to 2014 as increased spending ate into bigger revenues.
There were plenty of new faces at today's Ingram Micro Showcase including Dell, Hikvision, Blancco and EMC - along with a new division for the distie.
Hills has warned a $94 million write-down of goodwill and assets will see the company log a net loss of around $86 million for FY15.
CodeBlue is gearing up for accelerated growth in the Wellington market following its acquisition of Wellington IT services company XWL.
Juniper Network's New Zealand branch has seen its finances slump into the red, recording a $27,165 loss for the year ending 31 December 2014.
Exclusive Networks New Zealand operations have reported total income of $2.2 million for financial 2014, posting a loss of $41,438 for the year.
iiNet shareholders have voted 'overwhelmingly' in favour of TPG's takeover of the company, clearing another hurdle for the mega-merger.
