| Wed 6 Oct 2010, 8:00 | | DDT - Dimension Data Holdings Plc - Satisfaction of Condition |
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DDT - Dimension Data Holdings Plc - Satisfaction of Condition,
Recommended Cash Offer for Dimension Data by NTT
Dimension Data Holdings Plc
Incorporated in Great Britain under the Companies Act 1985
Registration Number: 3704278
Share Code: DDT
Issuer code: DIDDT
ISIN number: GB0008435405
("Dimension Data" or "the Company")
Dimension Data Asia Arm Makes Offer to Acquire Integral Axon
Creates major ICT player in the New Zealand services market
Johannesburg - 6 October 2010 - Datacraft, the wholly-owned Asia arm of
Dimension Data announced today that it has made a conditional offer to
acquire 100% of Integral Axon Computer Systems, a privately held New
Zealand based IT services company with gross assets of NZ$37,964,699 for
an undisclosed sum.
This transaction, which follows on the announcement in July that Nippon
Telegraph and Telephone Corporation (NTT) had made an offer to acquire
100% of the issued share capital of Dimension Data for GBP 2.1 billion,
is expected to be completed by 1 November.
Datacraft has been operating in New Zealand`s highly competitive
outsourcing market for 30 years, is a dominant player in both CaaS
(Communications as a Service) and applications development, and boasts
deep expertise in the network integration and services space.
Integral Axon`s integration resources, together with Datacraft`s system
integrator capabilities is an extremely powerful combination that will
enable both companies to provide clients with a full suite of services
and solutions ranging from the desktop to the data centre, and accelerate
growth opportunities in the public and private sector markets.
Robin Hartendorp, MD of Datacraft in New Zealand said the acquisition was
one of capability.
"The acquisition will reposition our value from an integrator to become
an outsourcing partner in our chosen market segment - second tier
enterprise outsourcing."
Highlights around the transaction include:
This transaction more than doubles the Datacraft New Zealand business in
size and scale
Integral Axon has a strong presence in Auckland`s commercial markets,
while Datacraft has strong relationships with government and enterprise
clients in Wellington
The two companies have strong Applications Development businesses, little
overlap in clients and geographies, and a strong focus on clients
In New Zealand, Integral Axon is one of only five Microsoft Large Account
Resellers (LARs), and the only tier one IBM licensing reseller.
Datacraft CEO, Bill Padfield commented, "What`s also very exciting is the
move by many of our clients to managed infrastructure services and Cloud
Computing. Integral Axon has already invested significantly in private
Cloud-based Software-as-a-Service offerings. This represents a
compelling Cloud proposition for our clients, and rapidly accelerates the
execution of Datacraft`s medium and long-term strategy in this space."
Integral Axon`s founder and chairman, David Sutherland said, "The global
footprint and resources, financial stability, and access to the combined
expertise of Datacraft and Dimension Data - and NTT in the future - will
be invaluable to our employees and clients."
"We recognised that the synergies between Integral Axon and Datacraft are
excellent. Together, we will lead a new industry standard for IT service
quality, delivery, and support," added Padfield.
-ends-
For further information:
Hilary King
Tel: +27 11 575 6728
Cell: +27 82 414 9623
hilary.king@za.didata.com
About Dimension Data
Dimension Data plc (LSE:DDT), a specialist IT services and solution
provider, helps clients plan, build, support and manage their IT
infrastructures. Dimension Data applies its expertise in networking,
converged communications, security, data centre solutions, Microsoft and
contact centre technologies, and its unique skills in consulting,
integration and managed services to create customised client solutions.
www.dimensiondata.com
About Datacraft
Datacraft is a wholly owned subsidiary of Dimension Data plc. Datacraft
operates in over 60 offices across 13 Asia Pacific countries. We help
clients plan, build, support, manage, improve and innovate their IT
infrastructures. Datacraft combines an expertise in networking, security,
data centre solutions, Microsoft solutions and converged communications &
contact centre technologies, with advanced skills in consulting,
integration, training and managed services to craft IT solutions for
businesses. www.datacraft-asia.com / www.datacraft.co.nz
About Integral Axon
Integral Axon is New Zealand`s largest locally-owned, independent,
privately held ICT services company with 360 employees. Integral Axon`s
capabilities include onsite and outsourced managed services, system and
network management and optimisation, IT procurement, and a broad range of
consulting services aimed at increasing efficiency, productivity and cost
saving. www.axon.co.nz
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