Menu
Insiders say Datacraft, Integral/Axon deal done

Insiders say Datacraft, Integral/Axon deal done

Industry insiders say a deal for Datacraft to buy Integral/Axon was concluded last week and awaits final approval from Datacraft's head office in Singapore.

An industry analyst contacted by Computerworld says the rumoured sale price of $80 million “is in the ballpark”.

It represents approximately a seven times multiplier of the combined EBIT (earnings before interest and tax) of Integral and Axon.

Datacraft country manager Robin Hartendorp says he can’t comment on industry rumours.

Integral bought Axon in May for around $18 million. The combined revenue of the two companies has been estimated at around $150 million.

Datacraft is a wholly owned subsidiary of Dimension Data, a $US4 billion company which focuses on developing and operating IT infrastructure. It is headquartered in London.

Dimension Data, in turn, is the subject of a takeover offer from Japanese telecommunications giant NTT, which last year signed an IP VPN interconnection agreement with Telecom. Subject to competition approvals, the takeover is expected to be completed by the end of October.

It’s thought that Dimension Data is looking to make at least one other acquisition in New Zealand.


Follow Us

Join the newsletter!

Or

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.

Tags datacraftintegralaxon

Featured

Slideshows

Malwarebytes shoots the breeze with channel, prospects

Malwarebytes shoots the breeze with channel, prospects

A Kumeu, Auckland, winery was the venue for a Malwarebytes event for partner and prospect MSPs - with some straight shooting on the side. The half-day getaway, which featured an archery competition, lunch and wine-tasting aimed at bringing Malwarebytes' local New Zealand and top and prospective MSP partners together to celebrate recent local successes, and discuss the current state of malware in New Zealand. This was also a unique opportunity for local MSPs to learn about how they can get the most out of Malwarebytes' MSP program and offering, as more Kiwi businesses are targeted by malware.

Malwarebytes shoots the breeze with channel, prospects
EDGE 2019: Channel forges new partnerships during evening networking

EDGE 2019: Channel forges new partnerships during evening networking

Partners, vendors and distributors reconnected during a number of social gatherings during EDGE 2019. The first evening saw the channel congregate for a welcome party at the Hamilton Island yacht club, while the main poolside proved to be the perfect stop for a barbecue on the final night.

EDGE 2019: Channel forges new partnerships during evening networking
Show Comments