Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Softsource Acquires Cloud Services Provider VBridge

Auckland, February 3, 2021 – Leading ICT systems integrator Softsource has announced it is acquiring Christchurch-based cloud services provider vBridge.

Softsource Sales Director, John Harrop says the combined resources and skills of the two companies will enable them to offer New Zealand businesses a comprehensive suite of hybrid cloud services that are locally owned, operated and supported nationwide.

Harrop says both businesses are experiencing strong growth on the back of their established reputations for being respective leaders in their fields with values-led, customer-centric approaches. Each was evaluating the best way to expand their service offerings without losing focus on their core strengths and joining forces was the perfect solution.

“The challenges businesses faced due to Covid-19 have accelerated the uptake of cloud services and we expect this trend to continue. This acquisition gives us a solid foundation to help customers make the transition from on-premises to cloud, both in terms of our capabilities and our support infrastructure.”

“There’s been a longstanding relationship between our two companies and combining our resources seemed the next logical step. We had an agreement in place during the height of Covid to support each other’s customers and we realised there were many benefits we could bring to our customers and partners together that we couldn’t alone. We recognised there was a level of trust and cultural fit between our respective teams that made this a logical move.”

vBridge CEO, Todd Cassie says the deal will allow the company to focus on further development of its award-winning MyCloudSpace suite of cloud applications.

“By joining forces, we can maintain our strong focus on our areas of excellence while being able to offer a suite of products and services from a partner organisation that we have 100% trust in. Together our two companies can deliver leading services and help New Zealand businesses drive forward with digital transformation.”

Harrop says both organisations will continue to operate as separate entities and that customer engagement and satisfaction is of paramount importance. “With extra resources to support customers and an expanded suite of offerings both groups of customers get the benefit of the support of the larger organisation while retaining the focus and commitment of their current partner,” he says.

No management or staff changes are expected and existing customer relationships will remain uninterrupted.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Policy Lessons From A Year Of Covid-19

The Reserve Bank of New Zealand – Te Pūtea Matua was in a sound position to continue to meet its mandate in the face of the COVID-19 induced economic shock. However, we must continue to transform so as to remain relevant and effective in addressing longer-term challenges, Reserve Bank Governor Adrian Orr said... More>>


Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>


OECD: Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%

Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December... More>>


Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>


ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>