Logicalis strengthens presence in key Australian
geography
and broadens service offerings with acquisition of
Corpnet
Slough, UK, 1 May
2012 – Logicalis Group, the international IT solutions and
managed services provider, has agreed to acquire Corpnet, a
Brisbane-based solution provider, from e-Business Systems
Ltd. Corpnet provides data centre, cloud and managed services
solutions to the Queensland mid-sized and enterprise markets. The
acquisition consideration is comprised of $2.7m on completion with
an additional potential earn-out payment of $0.6m.
This acquisition enables Logicalis to become a significant
player in the Queensland market, primarily in the Finance, Mining
and Construction and Travel sectors, and builds upon Logicalis’
existing datacentre and managed services expertise. Corpnet
has strong storage and virtualisation expertise and has built its
cloud-based services to deliver Infrastructure-as-a-Service (IaaS),
as well as Managed Backup and DR-as-a-Service offerings that
complement Logicalis’ managed services portfolio.
Corpnet was founded in 2001 and later merged with e-Business
Systems Ltdin 2008. Since its founding, the company has grown
to achieve annualised revenues of approximately $20 million and
become one of the leading datacentre services and managed services
providers in Queensland. Corpnet holds the highest level of
certification with EMC and is EMC’s largest storage reseller in
Queensland. The company’s datacentre vendor accreditations also
include Cisco, Hitachi, VMware and Commvault.
Ian Cook, Chief Executive of Logicalis Group, comments:
“This acquisition further enhances our ability to serve the
Australian market and complements and augments our managed services
business, adding important skilled resources and new cloud-based
services, enabling us to deliver a stronger end-to-end managed
services portfolio to new and existing clients.
About Corpnet
Corpnet is a Brisbane-based
data centre integrator and managed services provider, which
delivers business and technology solutions to mid-market and
enterprise clients throughout Australia. Corpnet is owned by
e-Business Systems Ltd, a technology investment company listed on
the NSX with a clear focus on e-business. A leading data centre
service provider in Queensland, Corpnet's services range from
strategic planning to implementation to support, including managed
and cloud services that virtualise the computing environment and
mitigate IT risk. Corpnet works with a number of leading Australian
firms of all sizes, from start-ups to multinationals in the public
and private sectors and almost every industry.
For more information, visit us at www.corpnet.com.au
About Logicalis
Logicalis is an international IT solutions and managed services
provider with a breadth of knowledge and expertise in
communications and collaboration; data centre and cloud services;
and managed services.
Logicalis employs over 2,500 people worldwide, including highly
trained service specialists who design, specify, deploy and manage
complex ICT infrastructures to meet the needs of over 6,000
corporate and public sector customers. To achieve this,
Logicalis maintains strong partnerships with technology leaders
such as Cisco, HP, IBM and Microsoft.
The Logicalis Group has annualised revenues of over $1 billion,
from operations in the UK, US, Germany, South America and Asia
Pacific, and is fast establishing itself as one of the leading IT
and Communications solution integrators, specialising in the areas
of advanced technologies and services.
The Logicalis Group is a division of Datatec Limited, listed on
the Johannesburg and London AIM Stock Exchanges, with revenues of
approximately $5 billion..