Top acquisitions in the IT industry in 2010
- 30 December, 2010 14:11
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NTT to buy Dimension Data for $US3.2 billion
Japanese telecommunications operator, NTT, acquired Dimension Data, for $US3.2 billion. NTT said the deal, recommended by both companies' boards of directors, would allow it to offer new IT services worldwide in the age of cloud computing. Later on in the year, DiData subsidary Dimension Data Learning Solutions purchased Excom Education’s business assets.
Avnet Technology Solutions acquires itX
Avnet revealed its intentions to acquire itX for $77.5 million in August. The deal will see Avnet double its presence in the Australian market. Earlier in the year, itX acquired specialist health supplier,Sydmed for $3.2 m.
Kazacos brings resellers together to form SMB powerhouse
ASX-listed telecommunications integrator, Hostech (ASX: HTC), bought Anittel, Accord Technologies, Axxis Technology and Aspirence, in February. Later on in the year, the company undertook the Anittel branding and also purchased D2K Townsville customers.
Pipe accepts $373 million TPG takeover bid
In March, shareholders of telecommunications company, Pipe Networks, accepted an offer to be taken over by TPG Telecom under a $373.09 million deal.
US-based Staples acquires Corporate Express
Corporate Express shareholders were recommended to accept a takeover bid from US-based office supplies retailer, Staples. The retailer has submitted an offer of $5.60 per share for all shares that Corporate Express does not currently own. The move valued Corporate Express at approximately $1 billion on an equity basis.
iiNet acquires Netspace for $40m
ASX-listed iiNet acquired rival player, Netspace, for $40 million just hours after calling a trading halt. In a statement, iiNet CEO, Michael Malone, said the deal would consolidate the company’s position as the leading challenger brand in the Australian telecommunications market.
Synergy acquires SA integrator
Synergy acquired SA-based integrator, CP&A and later on in the year, it also purchased mobility solutions provider, AirData.
Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.
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- NTT to buy Dimension Data for $US3.2 billion
- Dimension Data Learning Solutions buys Excom assets
- Updated: itX shareholders approve Avnet proposal
- itX buys specialist health supplier
- Kazacos brings resellers together to form SMB powerhouse
- Hostech buys D2K Townsville customers for $90,000
- Pipe accepts $373 million TPG takeover bid
- US-based Staples to acquire Corporate Express
- iiNet acquires Netspace for $40m
- Synergy acquires SA integrator
- Synergy Plus to acquire AirData for wireless play
- Vocus to list on ASX following $20 million buyout
- SAP to buy Sybase for $US5.8 billion
- Harvey Norman buys Clive Peeters for $55 million
- ASG buys Capiotech for $30 million
- ASG grows SAP skills with Progress Pacific buy
- HP completes $US2.35 billion 3Par merger
- Intel to buy McAfee for $US7.68 billion
- Symantec to buy VeriSign's authentication business
- Attachmate buying Novell for $2.2 billion
- Juniper buys WLAN pioneer Trapeze for $152 million
- Dell agrees to buy Compellent for $960M
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