Software distributor aims for stock exchange
- 25 May, 2007 11:54
After 21 years at the helm, Manaccom's Ian Mackay is stepping back from day-to-day operations to become company chairman. He will be replaced as CEO by current director for publishing, James Mackay.
The Queensland-based software publisher and distributor has promoted Michael Johnson to the publishing director's role. The changes come into effect on July 1.
Ian Mackay said his first task as chairman would be merger and acquisition opportunities. At the top of the list was finding a publicly listed company.
"One of our goals is to get on to the stock exchange and now is the time. We've got the resources and we've never been stronger," he said.
Mackay said he planned to target less mature companies that could benefit from gaining a wider market presence.
Alongside an aggressive company growth strategy, Mackay said Manaccom was branching out from its retail roots and developing an enterprise arm. It has hired four sales account managers to kick-start the business.
"We would like to replicate the successful retail model we have and take it into enterprise. However it's very important to us that we don't jeopardise our commitment to retail," Mackay said. "We are expanding the range we provide, such as Nitro and Acronis, to cater to the enterprise market."
It is also looking to expand the types of content it sells, Mackay said.
"It would be great to offer more complementary products. We're not limited to software," he said. "We would like to start getting into more components and peripherals."
Ian Mackay founded Manaccom in 1986 as a software shareware distributor.