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

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomes industry figures for 2019 Hall of Fame lunch

Reseller News welcomed 2018 inductees - Chris Simpson, Kendra Ross and Phill Patton - to the third running of the Reseller News Hall of Fame lunch, held at the French Cafe in Auckland. The inductees discussed the changing landscape of the technology industry in New Zealand, while outlining ways to attract a new breed of players to the ecosystem. Photos by Gino Demeer.

Reseller News welcomes industry figures for 2019 Hall of Fame lunch
Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019

Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019

The channel came together for the inaugural Reseller News Emerging Leaders Forum in New Zealand, created to provide a program that identifies, educates and showcases the upcoming talent of the ICT industry. Hosted as a half day event, attendees heard from industry champions as keynoters and panelists talked about future opportunities and leadership paths and joined mentoring sessions with members of the ICT industry Hall of Fame. The forum concluded with 30 Under 30 Tech Awards across areas of Sales, Entrepreneur, Marketing, Management, Technical and Human Resources. Photos by Gino Demeer.

Upcoming tech talent share insights at inaugural Emerging Leaders Forum 2019
Show Comments