Recent Acquisitions: Breaking News
Breaking News
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US-based Staples to acquire Corporate Express 18 March, 2010 09:19:00
The office supplies retailer values the reseller at $1 billion.Corporate Express shareholders (ASX: CXP) have been recommended to accept a takeover bid from US-based office supplies retailer, Staples. - +
Avaya's distributor rationalisation approved by partners 17 March, 2010 14:02:00
Reduction in distributor numbers from five to three was expected after the Nortel acquisition, vendor partners sayAvaya resellers have applauded the vendor’s decision to cut down distribution numbers following its acquisition of Nortel. - +
Pipe accepts $373 million TPG takeover bid 12 March, 2010 17:19:00
TPG will have access to Pipe's fibre optic network and submarine cable system between Sydney and GuamTelecommunications company, Pipe Networks, will be taken over by TPG Telecom under a $373.09 million deal. - +
Netspace comments on discussions with iiNet 11 March, 2010 18:13:00
Melbourne ISP says it was not really looking, but would consider opportunitiesMelbourne-based ISP, Netspace,claims it was not actively looking for an acquisition offer but has confirmed negotiations with iiNet. - +
iiNet confirms Netspace talks 11 March, 2010 13:52:00
An analyst claims consolidation is inevitable in the ISP industryiiNet has confirmed it is in talks to acquire Melbourne-based ISP, Netspace. - +
ASG buys Dowling Consulting 04 March, 2010 16:46:00
ASX-listed entity purchases IT consulting company for east coast and managed services pushIT services company, ASG Group, has acquired Melbourne-based IT consulting firm, Dowling Consulting, for an undisclosed sum. - +
CSG sells software licensing rights 05 March, 2010 16:32:00
Deal sees CSG get an 18 per cent stake in Entellect and aims to let the company focus on AustraliaASX-listed integrator, CSG (ASX:CSV), has granted an international software license to Entellect Solutions (ASX:ESN) in exchange for a share in the company. - +
Novell target of hedge fund's $US2 billion takeover bid 04 March, 2010 00:48:00
One of the oldest companies in the networking business becomes the subject of a takeover offer from Elliott AssociatesNovell, one of the earliest names in networking, Tuesday received an unsolicited takeover bid worth about $US2 billion by a New York hedge fund. - +
Markinson marks growth strategy with more acquisitions 02 March, 2010 11:08:00
Reseller looks to acquire three companies by end of financial yearISV turned reseller, Markinson Business Solutions, plans to acquire at least three companies by the end of the financial year. - +
3Tera will steam ahead under CA 25 February, 2010 17:16:00
3Tera distributor claims the acquisition is good for both sides, although its continued relationship with 3Tera is uncertainNews that CA will acquire cloud vendor, 3Tera, should bring opportunities to both sides, 3Tera’s exclusive Australian partner claims. - +
Updated: Henley appointed as CEO to Synergy Plus 25 February, 2010 16:51:00
Former Alphawest CEO, Garry Henley joins Synergy, while Peter Cappendell stays on as COOChannel veteran, Garry Henley, has become CEO of ASX-listed entity, Synergy Plus (ASX:SNR).
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