Acquisition
October 06 2010 - 2:00AM
UK Regulatory
TIDMDDT TIDMNPN
RNS Number : 9165T
Dimension Data Holdings PLC
06 October 2010
For further information:
Hilary King
Tel: +27 11 575 6728
Cell: +27 82 414 9623
hilary.king@za.didata.com
Dimension Data Asia Arm Makes Offer To Acquire Integral Axon
Creates major ICT player in the New Zealand services market
Johannesburg - 6 October 2010 - Datacraft,the wholly-owned Asia arm of Dimension
Data announced today that it has made a conditional offer to acquire 100% of
Integral Axon Computer Systems, a privately held New Zealand based IT services
company with gross assets of NZ$37,964,699 for an undisclosed sum.
This transaction, which follows on the announcement in July that Nippon
Telegraph and Telephone Corporation (NTT) had made an offer to acquire 100% of
the issued share capital of Dimension Data for GBP 2.1 billion, is expected to
be completed by 1 November.
Datacraft has been operating in New Zealand's highly competitive outsourcing
market for 30 years, is a dominant player in both CaaS (Communications as a
Service) and applications development, and boasts deep expertise in the network
integration and services space.
Integral Axon's integration resources, together with Datacraft's system
integrator capabilities is an extremely powerful combination that will enable
both companies to provide clients with a full suite of services and solutions
ranging from the desktop to the data centre, and accelerate growth opportunities
in the public and private sector markets.
Robin Hartendorp, MD of Datacraft in New Zealand said the acquisition was one of
capability.
"The acquisition will reposition our value from an integrator to
become an outsourcing partner in our chosen market segment - second tier
enterprise outsourcing."
Highlights around the transaction include:
· This transaction more than doubles the Datacraft New Zealand business in
size and scale
· Integral Axon has a strong presence in Auckland's commercial markets,
while Datacraft has strong relationships with government and enterprise clients
in Wellington
· The two companies have strong Applications Development businesses, little
overlap in clients and geographies, and a strong focus on clients
· In New Zealand, Integral Axon is one of only five Microsoft Large Account
Resellers (LARs), and the only tier one IBM licensing reseller.
Datacraft CEO, Bill Padfield commented, "What's also very exciting is the move
by many of our clients to managed infrastructure services and Cloud Computing.
Integral Axon has already invested significantly in private Cloud-based
Software-as-a-Service offerings. This represents a compelling Cloud proposition
for our clients, and rapidly accelerates the execution of Datacraft's medium and
long-term strategy in this space."
Integral Axon's founder and chairman, David Sutherland said, "The global
footprint and resources, financial stability, and access to the combined
expertise of Datacraft and Dimension Data - and NTT in the future - will be
invaluable to our employees and clients."
"We recognised that the synergies between Integral Axon and Datacraft are
excellent. Together, we will lead a new industry standard for IT service
quality, delivery, and support," added Padfield.
-ends-
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution provider,
helps clients plan, build, support and manage their IT infrastructures.
Dimension Data applies its expertise in networking, converged communications,
security, data centre solutions, Microsoft and contact centre technologies, and
its unique skills in consulting, integration and managed services to create
customised client solutions. www.dimensiondata.com
About Datacraft
Datacraft is a wholly owned subsidiary of Dimension Data plc. Datacraft
operates in over 60 offices across 13 Asia Pacific countries. We help clients
plan, build, support, manage, improve and innovate their IT infrastructures.
Datacraft combines an expertise in networking, security, data centre solutions,
Microsoft solutions and converged communications & contact centre technologies,
with advanced skills in consulting, integration, training and managed services
to craft IT solutions for businesses. www.datacraft-asia.com /
www.datacraft.co.nz
About Integral Axon
Integral Axon is New Zealand's largest locally-owned, independent, privately
held ICT services company with 360 employees. Integral Axon's capabilities
include onsite and outsourced managed services, system and network management
and optimisation, IT procurement, and a broad range of consulting services aimed
at increasing efficiency, productivity and cost saving. www.axon.co.nz
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQMABPTMBTMBTM
Dimension Data (LSE:DDT)
Historical Stock Chart
From Nov 2024 to Dec 2024
Dimension Data (LSE:DDT)
Historical Stock Chart
From Dec 2023 to Dec 2024