Australian listed IT services company Empired has acquired IT services provider Intergen for $A17.4 million due to be paid over a three year period with $A5m paid on completion through a combination of cash and shares. 

Intergen is a Microsoft Dynamics ERP and SharePoint specialist with over 370 employees, nearly doubling Empired’s existing workforce capacity bringing total headcount to approximately 800 staff. 

It is one of three suppliers on the New Zealand All of Government ECM as a service panel along with Open Text and Team Asparona (an Oracle based solution) and is currently delivering this cloud service to four large government departments in New Zealand. 

Commenting on the transaction Russell Baskerville, managing director of Empired said “This is a transformational acquisition for Empired. It strategically positions Empired as the largest provider of Microsoft based application services in the Australasian region and cements us as a leader amongst our ASX listed peers in scale, capability and geographic reach.” 

“Our customers will benefit from a broader range of services, backed by a strong Australian listed company that offers superior service and agility to its international competitors.” 

“Our market positioning is right. We are positioned to take advantage of significant growth opportunities. Capitalising on the burgeoning Microsoft opportunity with solutions clearly focused on ‘as a service and ‘consumption’ based models around cloud, mobility, big data/business analytics and the advent of social in the Enterprise.”