Delicious/delimiterau
- Earning billions and getting taxed a pittance
- 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'
Posts Tagged ‘ntt’
News - Wednesday, May 11, 2011 14:23 - 0 Comments
NTT swoops on Frontline
NTT today revealed it would purchase 70 percent of Australian technology services firm Frontline Systems, in the Japanese technology consortium’s second major step into the Australian market, following the acquisition of tier two IT services player Dimension Data in mid-2010.
In a statement issued this afternoon, NTT said it would purchase 70 percent of Frontline, which was established in 1992/1993 and provides IT infrastructure, consulting and managed services — with key relationships with HP, IBM and Oracle’s Sun Microsystems. Frontline also owns Harbour MSP, a hosting company which has rapidly been expanding its profile over the past year.
“This acquisition confirms and fortifies our strategy to be the ICT partner of choice both globally and now locally in Australia and New Zealand,” said Sadao Maki, senior executive vice president of NTT Com. “The addition of the managed IT infrastructure professionals at Frontline Systems and its subsidiaries is a perfect complement to our subsidiary NTT Australia’s well-established network business serving the rapidly evolving enterprise cloud market in the ANZ region.”
Frontline is forecasting sales revenue of $277 million this financial year to June. THe company has datacentres, warehousing and sales operations in Brisbane, Sydney, Canberra, Melbourne, Adelaide and Singapore.
“As an organization poised for further growth in the Australian market and beyond, Frontline views the involvement of NTT Com as an investor with tremendous excitement,” said Frontline chief executive and founder Steve Murphy.
“The alliance will mean that Frontline is bolstered by NTT Com’s depth of knowledge and resources in networking and communications, while we continue to extend service offerings beyond our core strengths in infrastructure and managed services.”
It remains unclear why NTT only took 70 percent in Frontline and not the further 30 percent, but Delimiter is attempting to speak with Frontline this afternoon on the matter.







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. 