Business

[Update]: Super distributor Ingram to own 35 percent

[Update]: Super distributor Ingram to own 35 percent

Global distribution giant Ingram Micro Inc has acquired Tech Pacific in a $700 million cash deal that local Ingram boss Steve Rust said would give the combined entity up to 35 percent of the Australian distribution market.
Byron Connolly & Sarah Stokely Sep 28 2004, 12:00AM Strategy
Channel talks up Ingram/TechPac deal

Channel talks up Ingram/TechPac deal

Australian distributors have met the news of Ingram Micro’s $700 million buyout of Tech Pacific with optimistic talk of potential opportunity as well as misgivings for smaller players’ future in a less competitive channel.
Fleur Doidge Sep 28 2004, 12:00AM Strategy
Gartner: TechPac "not best merger choice"

Gartner: TechPac "not best merger choice"

A Gartner channel analyst has questioned the value of Tech Pacific to Ingram Micro following the latter's $700 million buyout of its only rival in local broadbased IT distribution.
Fleur Doidge Sep 28 2004, 12:00AM Strategy
NEWSFLASH: Ingram buys Tech Pacific

NEWSFLASH: Ingram buys Tech Pacific

Distribution giant Ingram Micro Inc has acquired Tech Pacific in a $700 million (US$493 million) cash deal.
Byron Connolly Sep 27 2004, 12:00AM Strategy
Ingram may rationalise further to shore up margins

Ingram may rationalise further to shore up margins

Ingram Micro Australia has flagged another year of possible cost-cutting and rationalisation, tipping a need to maximise returns as sales margins stay tight.
Fleur Doidge Sep 17 2004, 12:00AM Strategy
Ingram looks to China for consumer electronics deals

Ingram looks to China for consumer electronics deals

Broad-based distributor Ingram Micro has tipped China as a future source for consumer electronics offerings as the convergence of consumer products and the IT channel increases in importance over coming years.
Fleur Doidge Sep 17 2004, 12:00AM Strategy
CSC bags Navy deal

CSC bags Navy deal

CSC has won a four-year $15 million contract to design and install a shipboard and shore-based IT infrastructure for the Royal Australian Navy.
Staff Writers Sep 16 2004, 12:00AM Training & Development
Seeking out new ventures

Seeking out new ventures

Australian venture capital firms are looking to invest over $600 million in ICT companies; but good ideas will not attract funding, it's good businesses they're looking for.
Claire Doble , Clare Doble Sep 10 2004, 12:00AM Sales & Marketing
Geeks and technology scare Aussies

Geeks and technology scare Aussies

IT professionals believe the average Australian employee is apprehensive of new technology, according to a recent survey by Talent2, Australia's leading recruitment company.
Sarah Cooper Sep 8 2004, 12:00AM Strategy
Nortel: shunning direct cost us deals

Nortel: shunning direct cost us deals

A senior Nortel executive has admitted that the company's past reluctance to market directly to large businesses has cost it enterprise share.
Angus Kidman Sep 7 2004, 12:00AM Strategy
Tech Pacific confirms float plans

Tech Pacific confirms float plans

The Tech Pacific group has confirmed it is "actively exploring" a public offering on the Australian Stock Exchange, possibly by the end of 2004, company CEO Shailendra Gupta told CRN today.
Byron Connolly Sep 7 2004, 12:00AM Strategy
TechPac float talks just routine: Gupta

TechPac float talks just routine: Gupta

Tech Pacific Holdings has moved to hose down an Australian news media report suggesting that its major investor is considering a public float.
Fleur Doidge Sep 3 2004, 12:00AM Strategy
Citec hits sourcing sweet spot

Citec hits sourcing sweet spot

Queensland service provider Citec has won two more managed services deals in a series of contracts and renewals expected to spur its previously flat revenues into steady growth.
Fleur Doidge Aug 31 2004, 12:00AM Training & Development
Hannover Fairs to debut intelligent home show in Melbourne

Hannover Fairs to debut intelligent home show in Melbourne

CeBIT organiser Hannover Fairs has launched Australia's first exhibition focusing on the digital home phenomenon, and local resellers have been promised a piece of the pie.
Fleur Doidge Aug 27 2004, 12:00AM Sales & Marketing
Australia Card promoter enters voluntary administration

Australia Card promoter enters voluntary administration

Sydney smartcard provider Intercard Wireless -- a company that once sparked interest for its patented technology, government connections and executive support of the controversial Australia Card scheme -- has entered voluntary administration after several troubled years.
Fleur Doidge Aug 23 2004, 12:00AM Finance
Digital content drives portable player market

Digital content drives portable player market

The market for portable audio-video players is expected to grow 700 percent this year, driven primarily by people who already have a lot of music and video files stored in their own PCs, a US market research firm has said.
Staff Writers Aug 23 2004, 12:00AM Sales & Marketing
Director flees ASIC when distributor goes broke

Director flees ASIC when distributor goes broke

A Sydney-based IT distributor found trading while insolvent is being wound up by the courts after its director disappeared and angry customers brought the situation to the attention of authorities.
Fleur Doidge Aug 16 2004, 12:00AM Training & Development
Leading Edge poaches Dick Smith management team

Leading Edge poaches Dick Smith management team

Three long-serving Dick Smith Electronics managers have followed the group of former DSE franchisees who announced yesterday that they had joined independent retail buying group, Leading Edge Group.
Sarah Stokely Aug 13 2004, 12:00AM Sales & Marketing
Rewarding IT innovation

Rewarding IT innovation

Inventors of a new plastic optical fibre were awarded the $10,000 Australian Computer Society Eureka Prize for Information and Communication Technology (ICT) Innovation last night in Sydney.
Staff Writers Aug 11 2004, 12:00AM Training & Development
Volante bags fourth federal government win

Volante bags fourth federal government win

Australian IT infrastructure provider Volante Group has bagged its fourth managed services contract with the Federal government securing a three year, $6.7 million deal with the Department of Finance and Administration.
Byron Connolly Aug 10 2004, 12:00AM Strategy

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