CServ sold to US buyer

CServ sold to US buyer

Brisbane-based services reseller, CServ, has been bought by a US company on the acquisitions trail, Amazing Technologies.

The acquisition, for an undisclosed sum, would take CServ into the US market as well as providing strong financial backing, managing director, Ross Hanson, said.

Changes are expected to CServ staff numbers or office locations.

CServ targets a wide range of vertical markets including manufacturing, distribution, textiles and hospitality.

Amazing Technologies was launched specifically to acquire post-dotcom companies that had synergies with its core ERP, ecommerce and related solutions, CEO, Bradley Hall, said. The company is expected to list on the Nasdaq shortly.

Amazing has also signed a letter of intent to buy CServ's Brisbane-based software partner, Clear Objective.

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