Menu
Mako Networks falls into American hands as US telco provider completes acquisition

Mako Networks falls into American hands as US telco provider completes acquisition

“Given our history with Mako, we’re a natural fit as a purchaser.”

US telecommunications service provider D&S Communications has acquired the assets of New Zealand company Mako Networks from the company‘s receivers.

D&S Communications acquired the rights to all intellectual property relating to Mako’s branded network appliances and cloud-based Central Management System, including patents and patent applications, its trademarks and its beneficial interest in any contracts signed with customers worldwide.

Founded in 1986, D&S Communications sells, implements, services and supports telecommunications and data solutions to customers throughout the US.

D&S says it will continue to base research and development and compliance in New Zealand and will retain several of Mako’s senior managers, including company founders Chris Massam and Simon Gamble, as well as hiring “core members” of the Research and Development team.

Going forward, it will look to hire further R&D staff in New Zealand to continue product development and enhancement.

D&S Communications has acted as implementation and logistics partner for Mako in the United States since 2014, handling the installation of over 4,000 Mako network devices for Chevron.

In 2015 D&S became Mako’s primary North American distribution partner, assisting it with marketing, sales and implementation of Mako’s industry-leading PCI DSS compliance solutions.

D&S Communications CEO Jason Kubasak says the decision to acquire Mako’s assets was the result of a “good understanding” of the company’s technology and global potential.

“In working with Mako over the last two years we’ve come to respect the technology and the deep knowledge the team has about keeping networks secure and have an extremely high regard for their unique and highly robust approach to network security and compliance,” he says.

“Given our history with Mako, we’re a natural fit as a purchaser.”

Kubasak says that D&S committed to Mako when it became a distribution partner and had protected its investment from the outset.

“We were made aware of the company’s financial position when we undertook due diligence and developed a business continuity plan in the event of an insolvency,” he adds.

“When that plan was triggered we considered our options and decided that, rather than merely exercising our right to continue to provide products and support in North America, we would invest further in the business and seek to acquire the assets in their entirety.

“The team has developed some outstanding technologies which have proven their worth in the course of rigorous assessments by large enterprises, including Chevron.

“We believe there’s an opportunity to build on this foundation and build a network security company that can succeed in global markets.”

Kubasak says D&S expects to restructure the assets and acquired companies over the next few weeks, to better enable it to continue to deliver products and provide support to distribution partners and enterprise customers.

When the restructuring is completed the company will operate wholly owned trading subsidiaries in each of its four territories: Mako Networks New Zealand, Mako Networks Australia, Mako Networks UK and Mako Networks USA.

Read more: Gen-i acquiring IP from Mako Networks

On August 20, 2015, Mako’s directors appointed Waterstone Insolvency as liquidators for the company, following the cessation of funding arrangements.

Secured creditor, Spark Limited, placed the assets and undertakings of the company in receivership with KordaMentha the following day.

On October 1, 2015 D&S purchased the assets from KordaMentha for approximately $3 million - Spark New Zealand retains the rights to the Secure Me product in New Zealand.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags D&S CommunicationsMako Networks

Featured

Slideshows

Kiwi channel comes together for another round of After Hours

Kiwi channel comes together for another round of After Hours

The channel came together for another round of After Hours, with a bumper crowd of distributors, vendors and partners descending on The Jefferson in Auckland. Photos by Maria Stefina.​

Kiwi channel comes together for another round of After Hours
Consegna comes to town with AWS cloud offerings launch in Auckland

Consegna comes to town with AWS cloud offerings launch in Auckland

Emerging start-up Consegna has officially launched its cloud offerings in the New Zealand market, through a kick-off event held at Seafarers Building in Auckland.​ Founded in June 2016, the Auckland-based business is backed by AWS and supported by a global team of cloud specialists, leveraging global managed services partnerships with Rackspace locally.

Consegna comes to town with AWS cloud offerings launch in Auckland
Veritas honours top performing trans-Tasman partners

Veritas honours top performing trans-Tasman partners

Veritas honoured its top performing partners across the channel in Australia and New Zealand, recognising innovation and excellence on both sides of the Tasman. Revealed under the Vivid lights in Sydney, Intalock claimed the coveted Partner of the Year 2017 (Pacific) award, with Data#3 acknowledged for 12 months of strong growth across the market. Meanwhile, Datacom took home the New Zealand honours, with Global Storage and Insentra winning service provider and consulting awards respectively. Dicker Data was recognised as the standout distributor of the year, while Hitachi Data Systems claimed the alliance partner award. Photos by Bob Seary.

Veritas honours top performing trans-Tasman partners
Show Comments