South Africa-listed networking technology and services company Datatec has acquired Anite Pacific in a deal worth $A30 million.
Under the agreement, announced last week, Datatec is acquiring the entire share capital of Anite Australia and Anite New Zealand.
According to officials, the move is part of Datatec's strategy to expand its global network-based systems integration business across Australia and New Zealand.
Laurie Stevens, Anite Pacific CEO, said Anite Pacific will become a division of Logical, Datatec's global network-based systems integration brand, which has offices in Europe, the US and South Africa. Officials said the division will provide full turn-key network and support services to corporate customers in Australia and New Zealand.
The acquisition of Anite Pacific follows Datatec's acquisition last year of Victorian systems integrator CNI.
Stevens said Anite Pacific, along with CNI and CSS, another Logical division, will all fall under the Logical brand, but will operate as stand-alone businesses. According to Stevens, each division will have a separate office with separate management and reporting structures.
At this stage, it is understood Anite Pacific will retain all its current staff and Stevens' roles and responsibilities will most likely remain the same.
"The acquisition of Anite Pacific will immediately propel Logical into a leadership position with the network and systems integration companies in Australasia and will provide complete end-to-end network services to leading multinational organisations with offices in the region," Bruce Harvey, COO, Datatec Australasia, said.