Is Anyware preparing to list on the stock exchange?
- 28 June, 2011 14:52
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Anyware has overhauled its business structure, changing its name, ABN and bank account details as it becomes a corporation in preparedness to attract further investment.
Anyware Computer Accessories will now trade as Anyware Corporation Pty Ltd.
Managing director, Garrison Huang, said the name rebranding reflected the distributor’s decision to diversify its portfolio beyond computers and components.
It is actively looking for vendor partners in spaces such as Apple accessories and smartphones, and has recently signed on to distribute iWalk – an Apple certified vendor of battery and power extension product for iPhone and other smartphones.
Anyware added its first Apple accessories vendor partner, Moshi, in June, 2010.
This drive for expansion also saw the vendor increase its warehouse space and consider markets such as industrial racks in late 2010.
“I can’t complain about how business is going, but I would like to see stronger growth,” Huang said. “As we’ve grown to a reasonable size we’re affected to a larger extent by the Australian economy.”
As a trust, which Anyware Computer Accessories had traded as, there was a limit to the outside investment and shareholders the company could attract. As a corporation, that scope is expanded considerably.
Huang was coy when asked whether the distributor would be making an IPO in the future.
“There are no imminent plans, but it remains an option,” he said. “This move has been to prepare our business for future growth.”
Resellers and Anyware vendor partners should not expect any disruption in business as a result of these changes, Huang said.
Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.
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