Editure has acquired IT Intellect in a bid to strengthen its network services business, for an unspecified amount.
IT Intellect was an ‘opportunistic’ acquisition, according to Editure marketing manager, Richard Brearley, which will give the education software specialist additional reach into local government and corporate markets.
Editure had found itself providing networking services to customers as its software solutions get placed in clouds, making the additional networking capabilities a competitive advantage for the company, Brearley added.
“It depends how we bed this acquisition down before we go looking for additional companies in this space; there are no plans at this stage,” Brearley said.
“This acquisition expands our network management and services play throughout Australia. We pick up some accounts in Queensland, and Sydney, and the company is based in Melbourne.”
In a release, IT Intellect managing director, Mick Perri, said, “The new organisation provides an expanded technology portfolio, increases our reach both nationally and internationally, and dramatically increases the resources available to support out clients. Our two companies complement each other, the technologies we offer and the industries where we focus make us a great it, and the increased financial strength will fund growth.”
Editure has extended offers of continuing employment to all the staff of IT Intellect.