Telstra hits acquistion trail

Telstra hits acquistion trail

TELSTRACLEAR has acquired local security consultancy Sytec in a deal worth $12 million. The purchase includes Sytec subsidiary company DMZGlobal, an application service provider. Sytec, established in 1987, employs over 140 staff - all will be retained.

TelstraClear CEO Rosemary Howard says the purchase allows delivery of full end-to-end ICT solutions to business customers from the advisory and consulting phase through to delivery and management.

“Sytec’s internet protocol expertise complements TelstraClear’s world class IP network capabilities. The staff have unique skills and processes that, combined with Telstra, will allow both companies to develop,” she says. Howard says there will be little effect on the channel as sales will continue through the Telstra channel, although she doesn’t rule out future flow-through opportunities as the businesses develop.

Sytec will continue to operate as a stand-alone business but the purchase allows both companies to cross sell and upsell products to new and existing customers.

TelstraClear says the New Zealand ICT market is expected to reach $2.16 billion in 2004 and $2.76 billion in the next four years.

Follow Us

Join the newsletter!


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.

Brand Post

How to become the best IT MSP

This article provides guidance for managed service providers (MSPs) that want to grow their business. It is also useful for any IT service provider looking to move from the break-fix model to managed IT services.



Reseller News Innovation Awards 2019: meet the winners

Reseller News Innovation Awards 2019: meet the winners

Reseller News honoured the standout players of the New Zealand channel in front of more than 480 technology leaders in Auckland on 23 October, recognising the achievements of top partners, emerging entrants and innovative start-ups.

Reseller News Innovation Awards 2019: meet the winners
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
Show Comments