Top acquisitions in the IT industry in 2010

Top acquisitions in the IT industry in 2010

It was a busy buying year for many companies including NTT purchasing DiData, Intel buying McAfee and Avnet acquiring itX

NTT to buy Dimension Data for $US3.2 billion

Japanese telecommunications operator, NTT, acquired Dimension Data, for $US3.2 billion. NTT said the deal, recommended by both companies' boards of directors, would allow it to offer new IT services worldwide in the age of cloud computing. Later on in the year, DiData subsidary Dimension Data Learning Solutions purchased Excom Education’s business assets.

Avnet Technology Solutions acquires itX

Avnet revealed its intentions to acquire itX for $77.5 million in August. The deal will see Avnet double its presence in the Australian market. Earlier in the year, itX acquired specialist health supplier,Sydmed for $3.2 m.

Kazacos brings resellers together to form SMB powerhouse

ASX-listed telecommunications integrator, Hostech (ASX: HTC), bought Anittel, Accord Technologies, Axxis Technology and Aspirence, in February. Later on in the year, the company undertook the Anittel branding and also purchased D2K Townsville customers.

Pipe accepts $373 million TPG takeover bid

In March, shareholders of telecommunications company, Pipe Networks, accepted an offer to be taken over by TPG Telecom under a $373.09 million deal.

US-based Staples acquires Corporate Express

Corporate Express shareholders were recommended to accept a takeover bid from US-based office supplies retailer, Staples. The retailer has submitted an offer of $5.60 per share for all shares that Corporate Express does not currently own. The move valued Corporate Express at approximately $1 billion on an equity basis.

iiNet acquires Netspace for $40m

ASX-listed iiNet acquired rival player, Netspace, for $40 million just hours after calling a trading halt. In a statement, iiNet CEO, Michael Malone, said the deal would consolidate the company’s position as the leading challenger brand in the Australian telecommunications market.

Synergy acquires SA integrator

Synergy acquired SA-based integrator, CP&A and later on in the year, it also purchased mobility solutions provider, AirData.

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Tags Mergers and acquisitionsHPintelDellnovellASG Groupdimension datamcafeesynergy plus3PARDimension Data Learning Solutions (DDLS)NTT Group


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