US-based services company, Software Spectrum, has purchased the Australian customer base of Computer Sciences Corporation’s software reseller business for an undisclosed fee.
Software Spectrum’s Australian managing director, Andrea Della Mattea, said similarities between its customer set and that of CSC had prompted the acquisition.
“CSC’s distribution of customers is similar to the relationship we have with our Australian customers," she said. "The acquisition will allow us to scale up our business and leverage their large enterprise links."
Software Spectrum’s existing client base includes large multinationals and enterprises from the Fortune 500 list, as well as government departments, Della Mattea said.
The company boasted more than 800 customers in Australia prior to the CSC acquisition.
Sydney is the Asia-Pacific headquarters for Software Spectrum’s operations in Australia, New Zealand, Singapore and Hong Kong.
Della Mattea was not prepared to provide figures on the impact CSC’s customer base would have on the company’s Australian operations but said it would boost the company’s market position.
As previously reported in ARN, CSC had arranged to sell its entire reseller business to services consultancy company, NetOptions, in November.
However, the deal fell through in March because the reseller was unable to fully satisfy the conditions of the sale, according to CSC. The deal had been valued at $150 million.
The deal between Software Spectrum and CSC is scheduled to close on August 6.
For more on this story, see this week's edition of ARN.