Securities industry technology and services provider, Computershare Limited (ASX:CPU), will pay US$292 million to acquire EquiServe, one of the largest share registrars in the US, sending its stock soaring. CPU will buy EquiServe from NYSE-listed software and services company DST Systems, Inc. for US$216 million borrowed cash plus 29.6 million CPU shares at their price when the deal was struck.
Canberra based software developer, TASKey, has announced an ASP deal to supply a financial and administration system to Dubbo City Council through broadband internet.
THE timing of an announcement that 400 Telstra IT jobs are heading to India via US-based outsourcing organisation EDS is nothing short of a national disgrace, according to Shadow ICT Minister Kate Lundy. Yesterday EDS told its staff working on billing systems for Telstra that their jobs would be relocated to India.
Ever spent hours searching through your My Documents folder or your emails in Outlook trying to find that one document or email? Well we have something for you that makes Google Desktop look primitive.
Enterprise storage vendor, StorageTek, has appointed Sam Srinivasan as manager of its newly formed commercial, channels & OEM group for Australia and New Zealand. Srinivasan joined StorageTek in early 2003 to take up the new position of professional services development manager for Australia and New Zealand and was quickly promoted to the position of NSW regional manager. Prior to StorageTek, Srinivasan had over a decade's experience with IT companies including Data General, Geac and Marconi. He has worked in markets including North America, Asia and Europe in a variety of roles including project management, sales & marketing, and management.
Wireless communications hardware manufacturer, Wavenet International Ltd (ASX: WAL), has received US$250,000 worth of follow-on orders for its BM3 wireless modems from NASDAQ listed Lipman Electronic Engineering Ltd, a supplier of integrated portable wireless funds transfer (EFT) and point-of-sale (POS) terminals. Deliveries are scheduled for end of October and the middle of November 2004.
Telstra (ASX:TLS) has posted a solid start to the new financial year, reporting an increase of 6.9% or $349 million to $5.381 billion for Q1 2004/05. However, Telstra reported a whopping $77 million decrease in its traditional fixed line voice calls, although this was offset by an $80 million increase in mobile services and Sensis advertising and directories, which grew by $68 million.
Automotive cataloguing and software management systems vendor, Infomedia (ASX:IFM) reported sales revenue and net profit after tax (NPAT) for Q1 2005 declined over the same period last year.
Financial services software group, IT&e Limited (ASX:ITE) has signed an agreement to acquire Treasury Management Systems, LLC (TMS), a New York based provider of treasury management systems to the global financial services sector, for $2.7 million in shares.
No Sean... I feel for those that can't even get the minimum 12/1... Let alone 1000/50...
Big achievement? Not so much. As one of those 7m Aussies using the NBN all I can say is that[…]
i rather have 250/100 for 120 then 1000/50 for 149
you feel sorry for hfc customers about to get 1000/50 ?
I'd almost feel sorry for those connected to the Abbot/Turnbull mess except for the fact a lot of them voted[…]