CDR codrus minerals limited

cdr aquisition

  1. 1,523 Posts.
    COMMANDER COMMANDS LEADING PLACE IN
    THE AUSTRALIAN ITC MARKET
    Commander Communications (CDR) announced today that it has reached agreement to
    acquire a group of leading IT resellers (Axon Group) in Australia. The acquisition will expand
    the strongly performing Data and Enterprise business within Commander, with the potential to
    deliver an additional $70m of revenue in the current financial year.
    The Axon Group comprises a number of independent IT product and services providers based
    in Sydney (Metropolitan Business Machines), Melbourne (Axon Computers), Adelaide (General
    Business Machines), Perth (PT Computer Professionals), and Canberra (Computerquest).
    The Axon Group provides quality ITC solutions to Education, Government and Corporate, with
    an emphasis on notebook and mobile computing. The acquisition positions Commander as the
    largest full service supplier of ITC solutions to the Education sector in Australia.
    Commander Managing Director, Adrian Coote, said the acquisition was a significant advance in
    Commander’s strategy of growing its national Data presence and will reinforce Commander’s
    leading position as a provider of ITC solutions in Australia.
    “This acquisition is good for Commander and its customers in a number of areas:
    • It further strengthens Commander’s integrated 360º solution and in particular
    boosts our portable computing mobility and maintenance offerings to SME,
    Corporate and Enterprise customers.
    • It gives Commander an increased footprint on the desktop enhancing the
    Commander telephony solutions that have pride of place in many SME
    workplaces. Increasingly, Commander is providing desktop computer equipment
    and IT infrastructure which ideally positions Commander and our customers to
    take advantage of the benefits to be delivered through IT and telecommunications
    convergence.
    • It enhances Commander’s purchasing volumes and brings highly valued expertise
    in important vertical markets to Commander’s Sales & Service divisions.
    • It increases our presence in the Education sector and allows us to present the well
    respected Commander brand and Commander services to the next generation of
    decision makers.”
    General Manager Enterprise, Steve Evans, said the acquisition confirms Commander’s
    commitment to the Education, Government and Corporate marketplace. Commander is now
    the clear leader in providing total ITC solutions to each of these sectors.
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