Delicious/delimiterau
- Dell chief defends transfer pricing
- Qantas tech exec shifts to Jetstar
- Zurich Australia leads regional thin client push
- Early investors drop Facebook
- Victoria kills HealthSMART IT project
- Woz not great - mUmBRELLA
- Santos' thin client starts big-data plans
- Nokia Lumia 800 revs up at Bridgestone
- Telstra privacy breach was 'one little oops'
- 'Battleground of the future' the focus of new agreement with US
News - Written by Jenna Pitcher on Thursday, April 29, 2010 13:41 - 0 Comments
ASG doubles up with Courtland acquisition
IT services provider ASG has delivered on its plans to penetrate the SAP market with the acquisition announced this morning of Courtland Business Solutions.
Founded in 1994, Courtland is a Western Australian-based ERP specialist company, embedded in the lucrative engineering, mining, oil & gas, construction and infrastructure sectors.
“The acquisition of SAP capability is a highly strategic move that will significantly increase our product offering and effectively double our available market opportunity,” said ASG CEO Geoff Lewis. ASG already has capability in the solutions offered by SAP rival Oracle.
“We are also particularly pleased to be increasing our exposure to the mining and oil & gas sectors that are showing activity that is expected to continue well into the future”
Courtland Managing Director Peter Lander said he was “delighted” about the acquisition. “We are very pleased to be aligned with a national IT services group of the caliber of ASG,” he said. “The prospect of combining the ASG and Courtland SAP businesses is very exciting and we believe there is a sizable opportunity for the future growth of our complimentary businesses.”
The price of the acquisition is the earnings multiplied by five, before interest and tax.The full financial year of the ASG acquisition of Courtland will be FY11, with ASG predicting that the earnings per share will be accretive in that year.
ASG’s last acquisition was last month when they purchased Melbourne based IT Consulting firm, Dowling Consulting. It was a move to expand ASG’s arms to the east coast, Dowling had a total 33 staff in capitol cities Sydney, Melbourne and Brisbane.
Related posts:
- Acquisition sends iiNet into trading halt
- iiNet confirms TransACT acquisition
- Xero raises $15m, makes acquisition
- ASG makes Progress in SAP push
- VHA more than doubles mobile data caps
| Tweet | |
![]() |
Enterprise IT, Featured, News - May 23, 2012 12:54 - 0 Comments
SAP’s SuccessFactors deploys Aussie datacentre
More In Enterprise IT
- Govt pushes ahead with cloud-sharing approach
- The ABC didn’t sack Bitcoin miner
- Victoria dumps HealthSMART e-health project
- HP completes giant new NSW datacentre
- Microsoft beats Salesforce to utility CRM deal
Analysis, Telecommunications - May 23, 2012 11:08 - 5 Comments
The NBN, service providers and you … what could go wrong?
More In Telecommunications
- NBN here to stay under Coalition, says analyst
- iiNet ramps up Internode digestion
- China concerned by Huawei NBN ban, says Bob Carr
- Parliament knocks back surveillance terms
- Evidence: Rural Australia is demanding the NBN
Gadgets, News - May 21, 2012 12:32 - 5 Comments
Galaxy S III listed for Telstra, Optus and Vodafone
More In Gadgets
- Will Telstra skip Nokia’s Lumia 900?
- New BlackBerry OS 7.1 hits Australia
- ASUS Transformer Pad tablet hits Australia
- HTC One XL on sale: Compatible with Telstra 4G
- Optus a “disgusting” company, says AFL chief
Reviews - May 7, 2012 18:16 - 2 Comments
Telstra Mobile Wi-Fi 4G: Review
More In Reviews
- Samsung Galaxy S III: Preview
- HTC Titan II 4G: Preview
- Nokia Lumia 710: Review
- Sony Xperia S: Review
- Samsung Omnia W: Review








sponsored post ING Direct recently implemented a private cloud solution to virtualise its entire banking platform, allowing it to provision a new copy of itself -- a so-called 'bank in a box' -- within minutes. 
Leave a Comment