SMS acquires AVOGA

Part of a five year plan

SMS Management & Technology (SMS) today announced the acquisition of AVOGA, a Sydney-based applications development company.

AVOGA will add $10 million in revenue and 40 staff to the SMS technology services division in NSW.

SMS will pay $4 million in cash and shares (shares are subject to a 12 month escrow), with a further $1 million cash conditional on future performance.

SMS CEO Tom Stianos said AVOGA contributes to two key strategies in the company's five year plan.

"Firstly it builds our technology services practice and it consolidates our NSW based capability where we now have a workforce of 170 across SMS consulting, SMS technology services, SMS enterprise solutions, and M&T resources," he said.

SMS has partnered with AVOGA on several client projects. AVOGA specialises in enterprise architecture, J2EE, .Net, database consulting, testing and IT project management.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

More about M&T ResourcesSMS Management & Technology

Show Comments