The switch follows Salmat’s announcement earlier this week that it had sold its business processing outsourcing division to FujiFilm for $375 million. While that deal is still subject to Foreign Investment Review Board Approval and is not expected to be complete before October, Digital Post today announced that as part of the deal FujiFilm would take over Salmat’s stake.
Established in March Digital Post Australia was originally a joint venture between Computershare, Salmat and US based company Zumbox Software (which provides the smarts behind the system which is already in use in the US). The three companies shared ownership in the company on a 40, 40, 20 percent basis.
The service – slated at the time to be launched in September – offers Australians a personal digital post box where they can receive and store many of their utility bills, dividend notices and bank statements. Digital Post pledged access would be available “forever, for free” to consumers and that people will also be offer the opportunity to scan and upload a limited amount of other information to the online post box.
The company announced a limited trial of the service earlier this month.
According to Randy Dean, the recently appointed Digital Post Australia ceo, who joined the organisation from Zumbox in the US, the change in partners will not have much impact as the same BPO team will be working on the project despite the change of ownership. In any case Salmat and FujiFilm have signed an 18 month transitional services agreement to ensure a smooth handover and to ensure minimal client impact.
Mr Dean said that the organisation was still on track to publicly launch the digital postbox service later this year.