Shrewd investor nabs 1World Systems

Shrewd investor nabs 1World Systems

In what could prove to be a pointer to future market consolidation, ARN can report that the "well-known international investor" which expressed interest in specialist remote networking distributor, 1World Systems, is New Zealand-based Brocker Investments.

The twist in this tale is Brocker currently owns another well-known distributor, Sealcorp. The near future will see 1World and SealCorp co-exist as separate, sister companies under the Brocker banner.

While that line may be the case, at least in the short-term, speculation abounds from some industry observers who suggest that despite its niche position as a remote networking provider, 1World will eventually be merged with Sealcorp to form a 'mega distributor' that can provide customers with an enterprise-wide solution.

1World represents a range of vendors including Fore Systems, Shiva and Ascend Communications, while Sealcorp distributes products from the likes of Novell, IBM and Lotus.

When contacted by ARN, 1World's general manager Nick Verykios was sceptical of any such future developments, saying he was confident the company would continue to provide its specialist marketing, engineering and sales services for emerging technologies to customers.

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