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Hyro continues spending spree

Hyro continues spending spree

Digital services developer, Hyro, has splashed out $2.7 million on privately held services company, One Planet Solutions, and an undisclosed amount on New Zealand identity management specialist, Identity Solutions Laboratories. The acquisitions follow the company's acquisition of Melbourne-based IT provider, Synergy Plus, earlier this month.

Hyro COO, Richard Lord, said it had gotten to know One Planet over the past six to nine months and found the Microsoft Certified Partner's technology offerings to be complementary. The addition of its ACT base was also attractive.

"The Canberra market is pretty important to us. The digital services space we're in is all about using digital channels like the Web, 3G phones and digital TV," he said. "Government is really no different to other organisations that need to take advantage of what these services bring and we see huge potential in that Canberra market."

The One Planet team beefs Hyro's Canberra staff from six to just under 40. Hyro also has 16 staff in Brisbane that remotely service clients in the ACT. Lord also pointed out Hyro's interest in the government sector as a whole, already having delivered portals including act.gov.au and vic.gov.au.

Hyro's purchase of NZ-based Identity Solutions Laboratories, meanwhile, would boost the company's identity management smarts.

"Identity management is an important growth area in digital services," Lord said. "Anyone using digital channels needs to know the identity of who they're marketing to and doing commerce with and the Identity Solutions team are internationally recognised at this."

As a result of the acquisition, Identity Solutions managing director, Stan Levine, will relocate to Australia to head up the company's broader efforts in that market.


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