IT services provider, XciteLogic, has merged with former rival, Key Options Technology, to combine target markets and offer a broadened range of ICT operation tools.
Key Options, which has had a busy fiscal year and faced cash flow issues, will be folding under the XciteLogic brand, effective immediately.
“We have known each other for a while and work in similar spaces, and have worked together before,” XciteLogic managing director, Tony Panetta, said.
“Like us, Key Options focuses on delivering services and solutions, not products and boxes,” said Panetta. “This merger allows us to increase the resources and services we can provide to Australian businesses, governments, and schools.”
The move combines expertise in Key Options’ small business and enterprise markets with XciteLogic’s education market.
The first step for the combined firms is to integrate systems nationally, and focus on customer service.
XciteLogic has negotiated terms with all staff, and will not be making any dismissals, according to Panetta. The expanded national team will feature 90 staff across four states.
Likewise, Key Options services and operations will not be disrupted, and client contracts will be maintained.