UXC buys Getronics Australia
- 06 February, 2008 11:29
ASX-listed services company, UXC (ASX: UXC), has acquired Getronics Australia for an undisclosed sum. The acquisition is UXC's largest to date and one of many planned this year.
UXC Business Solutions Group CEO, Cris Nicolli, claimed the acquisition would make UXC one of the largest independent IT companies in Australia.
Getronic's strong services capabilities around server, desktop and network management, would lift UXC's managed services game, he said.
"Getronics also has a very strong Cisco and unified communications capability. We only have a very small capability in that space and that is a great strategic fit for us," Nicolli said. "Across the board it provides us with a very large infrastructure and professional services integration capabilities."
Getronics Australia is a subsidiary of Getronics NV and based out of Sydney. During the 2007 calendar year, it reported full-year revenues of $126 million. The company will now sit within UXC Business Solutions Group's Infrastructure division.
"There are not many companies in Australia that are $130 million in size and a really good complement to our current service offering," Nicolli said. "We try to offer our clients a selection of best-of-breed solutions. In this space it does enable us to offer very strong Cisco and Microsoft unified communication solutions. Through one of our other business units, Integ, we can offer a very strong Alcatel solution."
Getronics' 525 staff are all expected to remain on-board with managing director, Paul Timmins, now reporting to Nicolli.
"We are retaining their management team and all their staff, provided they feel good working for an Australian company," Nicolli said. "Our model is to have companies join us and we don't tend to muck around with them."
Getronics is a Cisco Gold Partner, Microsoft Gold Partner and Dell Partner. Its customer base includes the Roads and Traffic Authority, Optus, Medibank, the Department of Defence and Energy Australia.
Nicolli said more acquisitions were on the cards. Two more would be announced shortly.