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Fujitsu to buy Kaz

Source: The Australian

Sydney : Australia | 9 months ago

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Telstra's IT services arm, Kaz, for $200 million, the companies said today. Fujitsu said the buy would make it the third-largest technology company by revenue in Australia with around 5000 employees nationwide. The acquisition is in line with the Tokyo-based company's bid to increase its local footprint,...

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Telco to sell Kaz to Fujitsu

News Source: The Australian | 9 months ago

S troubled stint in the technology services space looks set to end with plans to offload Kaz for $200 million to Japanese technology company Fujitsu. The pair knocked out the final details over the past six weeks after they entered formal...
Acquisition of Telstra subsidiary to give Fujitsu boost in Australia

News Source: Japan Times | 9 months ago

Fujitsu Ltd. will buy a Telstra Corp. subsidiary for 200 million Australian dollars (¥12.45 billion) to become the third-biggest information-technology company in Australia. Fujitsu will have almost 5,000 workers in Australia after the acquisition...
Fujitsu to buy Kaz

News Source: The Australian | 9 months ago

Telstra's IT services arm, Kaz, for $200 million, the companies said today. Fujitsu said the buy would make it the third-largest technology company by revenue in Australia with around 5000 employees nationwide. The acquisition is in line with the...
Telstra offloads IT arm

News Source: Australian Broadcasting Corporation | 9 months ago

The announcement of the sale comes after previous unsuccessful attempts by Telstra to sell the business to Fujitsu and CSC. The telecommunications company last year restructured KAZ, merging parts of its Victorian and New South Wales businesses. It...
Telstra sells IT division for $200m

News Source: The Australian | 9 months ago

Telstra's enterprise and Government unit managing director David Thodey said that the Melbourne-based company was selling KAZ because IT services was no longer a core part of its strategy. "Telstra will continue to deliver centralised network...