ARN

DWS to acquire data capture company, Taten

Taten’s current solutions to be brought into new markets and clients

IT services provider, DWS Advances Business Solutions (ASX: DWS), has entered into an agreement to acquire Taten, a provider of data capture systems.

The deal is worth $300,000 and is expected to be completed by June 29.

The draw for DWS to acquire the company was Taten’s existing client base of businesses that have made use of cloud-based solutions, a client base that DWS hopes to grow even further to new markets with the help of its own national client network.

DWS has highlighted Taten’s current portfolio of Internet solutions for the financial services industry, such as iApply, iPublish, D2B and My2Ic, as potential candidates to expand into the health, government, utilities and telecommunications sectors.

The acquisition of Taten also marks the commencement of new DWS Solution Centre specialist business unit that will incorporate cloud computing solutions.

“This is an exciting time for DWS as this purchase progresses our previously announced strategy of developing four specialist business units,” DWS CEO, Danny Wallis, said.

Following an already strong performance in FY11, the strategic acquisition of Taten is expected to provide DWS with a new revenue stream and add to the company’s earnings in FY12.

Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.

More about: etwork
References show all

Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Users posting comments agree to the ARN comments policy.
Login or register to link comments to your user profile, or you may also post a comment without being logged in.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: acquisition, ASX, cloud
rhs_login_lockGet exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
Find distributors by name | vendor | location
Channel Deals
/deals/aca-pacific/442_rimage-trade-in-program-inkjet-to-everest-ther
ACA Pacific

Rimage Trade-In Program - Inkjet-to-Everest Thermal Printing. Ends June 15th, 2012.

More details »
ARN Vendor Directory
Find vendors by name | category

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.