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Stories by Rasika Versleijen-Pradhan

Who stole my cheese?

On October 6, 2010, IT Solutions company Datacraft New Zealand announced that it has placed a conditional offer to acquire 100 percent of privately and locally owned service provider (SP) Integral Axon.
While the value of the deal is undisclosed, IDC estimates the deal value to be in the range of NZ$40-45 million excluding asset and debts. Datacraft expects to complete the deal by 1st November 2010. Datacraft is a subsidiary of Dimension Data, a multinational IT solutions and service company. Datacraft earned local annual revenues of NZ$55 million in FY2009 whilst Dimension Data global revenues were US$4 billion in FY2009.

Written by Rasika Versleijen-Pradhan05 Oct. 10 22:00