Revenue stories - Page 15

CSC is in negotiations to acquire UXC in a $428 million deal which would create one of the region's largest IT services companies.

Lenovo's New Zealand operations have posted healthy increases in sales and services revenues to record a solid increase in profit.

ASG has signed a new $23.8 million, five year contract with the Department of infrastructure and Regional Development.

Kiwi Wi-Fi success story Tomizone inks new deal with Christchurch International Airport, providing free Wi-Fi to six million passengers a year.

Building and monetising your own IP is a crucial factor in the success of channel partners, Microsoft says, with the company outlining some options.

Business and technology solutions firm Diversus has recorded its strongest financial year yet with strong indications revenue will double in FY 2016.

Empired has continued its rapid climb reporting record financials for FY15, including 94% increases in revenue and EBITDA and a 135% NPAT increase.

Falling revenue and a final year of substantial costs for integrating with the Telstra Clear business saw Vodafone NZ turn in a loss of $120.7m.

Trade Me posted a similar profit for its 2015 financial year to 2014 as increased spending ate into bigger revenues.

Juniper Networks is gunning for its competitors, with plans to ‘take further share of [the] routing and switching market' this year.

The overall profit for the year minus expenses and costs came in at $1,714,806, a sizeable increase from $1,062,732.

Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.

Accounting software reseller Enprise Group posted an annual profit in its first filing on the NZAX as it places greater emphasis on the NZ market.

Vocus, WxC’s current provider of IP transit (according to the ISP map) will lose out as WxC will have their transit agreements migrated to Vodafone.

As resellers face increasing pressure from cloud services, we look at one reseller's move into the cloud and the lessons they learned.

The IoT market's rapid growth is set to hit USD $1.7 trillion by 2020, driven by massive investments in devices, connectivity, and IT services, says IDC.

Auckland-based travel firm Serko reports annual loss of $6.4m, but expects to be profitable in H1 2017. Revenue up 55% to $10.4m.

Rakon returns to profit with a USD $3.2 million net gain after closing its UK plant and shifting production to India and NZ, despite doubling its debt.

High-tech exporter Cubic Defence NZ is setting its sights on selling military training systems to corporate customers.

The New Zealand government turned to a deficit in the first eight months of the financial year, although the shortfall was smaller than forecast as th.