Datacom’s Double Acquisition in Queensland
Datacom’s Double Acquisition in Queensland
July 10th, 2007: IT Services provider, Datacom has announced a double acquisition, taking over Queensland IT providers Agire and Syncroplex.
Acquisitions are nothing new, yet double acquisitions are a somewhat rarer event and that’s exactly what Datacom have announced. In a major charge into the Queensland market, the acquisition has seen Townsville based Agire and Brisbane based Syncroplex added to the Datacom portfolio.
It’s hoped the acquisitions will “send a good message to businesses and government that Datacom can support you throughout Queensland” said Clark Hobson, MD of Datacom QLD. Indeed the coverage to Townsville and Cairns from Brisbane is further then the distance from Sydney to Brisbane, a fact that is often overlooked by Sydneysiders
Transitions into the Datacom fold have been moving along smoothly according to Hobson, with nothing but positive feedback from clients using the new integrated services. Datacom reported having an increased client influx which exceeded expectations within hours of bringing the businesses on board.
The integration success is due to Datacom’s belief that it is the people that are important, “we make our selections based on the people, finding the right people in the right location” Hobson said. Such a focus isn’t a new approach, but it is proving to be a successful one with the entire Datacom group’s annual revenue being over 350 million and employing over 2,500 people. With such a major international network, Queensland may not seem like that important of a market segment, however it is an important pillar for the network to rely on and add to its coverage claims Hobson told IDM.
Coinciding with the acquisitions is the re-branding of Datacom owned Netoptions as Datacom Systems (QLD) hoping to align the brand regionally. According to Hobson the foray into the Queensland IT industry is expected to boost Datacom’s annual growth by over 30%, expanding on the 27% Australia and Asian growth rate in 2006.