Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
SMS Management & Technology has acquired specialist systems integration provider, Aipex, in a deal which SMS said today will add over $13 million in revenue and in excess of one million dollars in net profit after tax in the first year.
SMS CEO, Tom Stianos, said today the acquisition
of Aipex, Australia’s largest certified Tibco partner, “significantly
accelerates the breadth of our systems integration services, allowing
SMS to better deliver end ¬to ¬end projects for our clients.”
Stianos said the Aipex business would be integrated over the next three months and would be EPS accretive from January 2010.
According to Stianos, other benefits of the acquisition include the
addition of 54 specialist consultants to SMS’ Victorian and New South
Wales teams, a new capability in the markets & trading
/institutional banking sector, a “talented national practice director
for systems integration,” and “proven implementation and project
experience gained over 10 years.”
Aipex director, Trevor Townsend, said today that becoming part of SMS
would give the company “the opportunity to take the practice to a new
level in terms of the size and complexity of projects we can deliver,”
and, he added, would “extend the service proposition that we offer to
our clients and it will also open up significant development
opportunities for our staff.”
Stianos said Townsend would head up the national systems integration practice and continue to develop and grow the acquired capability.
David Bass
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