Gen-i acquires Real Time Computing

Gen-i acquires Real Time Computing

As part of Gen-i’s strategy to grow business to become Australasia’s leading ICT services provider, the company has acquired the business of Real Time Computing (RTC). It became a Gen-i franchise in 2005, following a local presence as a Computerland franchise.

Gen-i’s corporate sales general manager Steve Mills says the merger is a logical extension of the relationship between the two teams in the regions. “The RTC franchise, known locally as Gen-i Central and Gen-i Taranaki, is a very successful business employing over 70 people across offices in New Plymouth, Palmerston North, Wanganui and Hawera,” says Mills. “It's the largest of our regional franchise groups, with a diverse range of clients across the local government, health, agriculture, corporate and energy sectors.

“We're very excited at the prospect of combining RTC’s skills in IT with our strengths in telecommunications to build on our ICT leadership in the region,” says Mills.

Real Time Computing had been placed on the market by its owners. Gen-i has completed a due diligence process, and settlement is targeted for 12 December 2008. The two businesses will integrate key business operations on that date and then Gen-i will implement further integration plans over a three month transition period.

Chris Sharpe, one of the principals of the franchise, says he is delighted at the opportunities the merger will bring to staff and clients. “I'm looking forward to developing an even stronger breadth and depth of capability and sharing these benefits with our clients. The merger reinforces Gen-i’s commitment to regional clients, with an even greater investment in our people and services.”

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