October 1, 2015 – UXC Eclipse (New Zealand) Ltd, a leading provider of intelligent business solutions to the enterprise and mid-market, has announced the acquisition of selected assets, which are the Microsoft Dynamics AX and Microsoft Business Intelligence (BI) divisions (KAX), of Koorb Consulting (1999) Ltd in New Zealand. UXC Eclipse is a wholly owned subsidiary of UXC Limited.
Koorb Consulting is a highly successful Microsoft Dynamics Gold Partner with 16 years history in the New Zealand market. Koorb has built a customer base of more than 90 Microsoft Dynamics AX and BI sites.
Bradley Stroop, CEO, UXC Eclipse, said, “There are great synergies between UXC Eclipse and the Koorb Consulting business. This acquisition sees two very similar businesses come together, both with a Microsoft Dynamics AX and BI focus, and significant market presence.
“Today’s acquisition positions UXC Eclipse as the largest Microsoft Dynamics AX partner in New Zealand and one of the top two largest AX partners globally. Expanding the New Zealand business will bring the global UXC Eclipse team to well over 600 people and customer numbers to over 2,700 globally.”
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Fortinet (NASDAQ: FTNT), the global leader in high-performance cyber security solutions, has announced it has closed the acquisition of Meru Networks (NASDAQ:MERU), a leader in intelligent Wi-Fi networking. With the close of this acquisition, Fortinet expands on its secure wireless vision and enterprise growth focus, broadens the company’s solutions portfolio, and expands its opportunity to uniquely address the $5B global enterprise Wi-Fi market with integrated and intelligent secure wireless solutions.
Fortinet’s proven solutions in secure Wi-Fi markets, with its FortiAP secure wireless access points and FortiWiFi integrated security appliances for enterprise branch offices and small businesses have been among the fastest growing products in the company’s “advanced technologies” portfolio. The addition of Meru’s intelligent Wi-Fi solutions to the Fortinet portfolio extends the delivery of a secure, uninterrupted user experience – anytime anywhere – providing peak performance in environments requiring high capacity load and a high-density of wireless users, such as enterprise, education, healthcare, and hospitality. Read more ❯
April 2, 2014 – Palo Alto Networks® (NYSE: PANW), has announced a definitive agreement to acquire Cyvera, a privately held cybersecurity company located in Tel-Aviv, Israel. Under the terms of the agreement, Palo Alto Networks will acquire all of the outstanding capital stock of Cyvera for an aggregate purchase price of approximately $200 million (USD). The acquisition is expected to close during the second half of fiscal 2014, subject to customary closing conditions and regulatory reviews.
Named a cool vendor in security by Gartner in 2013 (“Cool Vendors in Security: Infrastructure Protection 2013”)*, Cyvera, which has 55 employees, has developed a highly innovative offering that protects enterprises from cyber threats by using a unique approach to block unknown, zero-day attacks on the endpoint.
The addition of this unique capability to the Palo Alto Networks enterprise security platform will extend customers’ ability to safely enable applications and protect users against known and unknown cyber threats on any device, across any network. Read more ❯
November 6, 2013 – Fluke Corporation introduces the Fluke® 2638A Hydra Series III, the latest addition to the Hydra line of Data Acquisition Systems / Digital Multimeters.
The Fluke 2638A features a full-colour display with an easy-to-use menu system, DC measurement accuracy of 0.0024 per cent, 6.5 digit DMM mode and CAT II safety ratings. This makes it a truly industrial grade, precision data acquisition (DAQ) system.
The 2638A incorporates the Fluke Universal Input Connector that supports 15 common thermocouple types and delivers thermocouple accuracy of 0.5 degrees Celsius. The inexpensive, plug-in Universal Input Connector has 22 channels of differential analogue input (expandable to 66 channels) for wiring multi-channel systems. Once a system is wired, the connector can be disconnected and the 2638A moved and connected to another input connector, eliminating the need to disconnect and rewire test setups.
Selectable measurement input types include dc voltage, ac voltage, resistance, thermocouple, RTD, thermistor, frequency, and dc and ac current.
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August 15, 2013 – 16 per cent of the ASX 300 companies reviewed in RSM Bird Cameron’s Business Acquisition and Impairment Review 2013 recorded impairment losses (the amount by which the carrying amount of an asset exceeds its recoverable amount*), resulting in a total write down of $2.077 billion in the 2012 financial year.
This is an increase of 11 per cent compared with the 2011 financial year, in which 5 per cent of companies recorded impairment losses, resulting in a total write down of $1.083 billion.
21 per cent of the non-ASX 300 companies reviewed recorded impairment losses, resulting in a total write down of $73.4 million in the 2012 financial year. This is a 10 per cent increase on 2011, when 11 per cent of companies recorded impairment losses, resulting in a total write down of $131.5 million.
Glyn Yates, director of corporate finance, RSM Bird Cameron, said, “Certain triggering events result in a requirement for assets to be tested for impairment. In addition, assets such as goodwill are subject to mandatory impairment testing at least annually, irrespective of whether there is any indication of impairment.
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Sydney, 17 December 2012 – Eclipse Intelligent Solutions (USA) Inc., the USA entity of UXC Eclipse today announces it is expanding its footprint in North America through the acquisition of Cole Systems. UXC Eclipse is a wholly owned subsidiary of UXC Limited.
Cole Systems is one of Microsoft’s most respected Dynamics Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) partners in the USA. The company works with a broad range of medium to large companies. Based in New York, Cole Systems has annual revenues of around USD$10m.
Access to the global skills, infrastructure and financial support of UXC will add significantly to Cole Systems in this high growth market of the US and Canada.
Cris Nicolli, UXC Managing Director said “UXC Eclipse already has a leading position in the ANZ market and sees significant growth potential in North America. The addition of Cole Systems’ portfolio will expand the North American operations and improve the company’s position as one of the largest Microsoft Dynamics partners globally.”
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Melbourne, Monday, December 7, 2009 – RSM Bird Cameron’s 2009 Business Acquisition and Impairment Review, released today, has found a significant decrease in Australian M&A activity during the 2009 financial year.
The review found the total cost of business acquisitions had reduced by more than 50 per cent, due to the impact of the global economic crisis.
The inaugural annual review analyses the financial statements of a diverse cross-section of 150 Australian listed companies to assess the financial reporting impact of acquisitions made by these companies during the 2008 and 2009 financial years.
The analysis is segmented into ASX 300 and non ASX 300 entities providing insight into the different acquisition strategies of large, medium and small companies.
“With the global credit crunch restricting the availability of debt and equity capital, particular emphasis has been placed on assessing the impact of credit rationing on the Australian M&A markets,” said Glyn Yates, principal corporate finance, RSM Bird Cameron. Read more ❯