Oxygen Business Solutions buys SAP consulting firm Stream Technologies

Oxygen Business Solutions buys SAP consulting firm Stream Technologies

The deal adds about 40 SAP-trained consulting and support staff to Oxygen

SAP software and services integrator Oxygen Business Solutions has acquired Australian SAP consulting firm, Stream Technologies.

Oxygen Business Solutions is owned by ASX-listed UXC.

The deal will be completed by the end of August. Terms weren't disclosed.

“As a specialist SAP software and services company operating across Australia and New Zealand, Oxygen is investing in people and resources to ensure we have the breadth and depth, and the scale that the rapidly growing SAP market requires,” Oxygen CEO, Stuart Dickinson, said in a statement.

The Stream acquisition adds about 40 SAP-trained consulting and support staff. The two businesses are highly complementary with no overlap in sales pipeline.

Oxygen will also benefit from Stream’s customer base and new software sales revenue, Dickinson said.

Stream Technologies, founded in 2006, has about $10 million I annual revenues. It has offices in Sydney, Melbourne, Brisbane and Perth. It provides SAP enterprise resource planning, Netweaver, business intelligence and SAP software sales, integration and support.

Dickinson added the acquisition is in line with the strategic growth plans of Oxygen’s parent company, UXC which aims to boost its brand and market share in the ERP application market.

Follow Us

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.


ARN Innovation Awards 2022

Innovation Awards is the market-leading awards program for celebrating ecosystem innovation and excellence across the technology sector in Australia.

EDGE 2022

EDGE is the leading technology conference for business leaders in Australia and New Zealand, built on the foundations of collaboration, education and advancement.

Brand Post

Channel Roadmap

The Channel Roadmap is a bespoke content hub housing strategic priorities from technology vendors for 2022 and beyond, partners can find the guidance on the key technologies and markets to pursue, to help build a blueprint for future success.

Show Comments